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Beresfield

Suburb Profile

Beresfield - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2322

house
unit

Based on its average 5-year and quarterly capital gains BERESFIELD, 2322 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that BERESFIELD, 2322 obtained a 4.18% growth over a ten-year period. It ranks 1889th on our list of suburbs that property investors should look into.

BERESFIELD, 2322 in NSW belongs to the local government area of Newcastle (C).

BERESFIELD, 2322 has a capital gain of -3.75% for the past year, which is lower than average compared to its 35.33% growth within a five-year period.

With the median home price in BERESFIELD sitting at $385,000, and the average rent at $360, property owners could potentially earn a 4.86% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in BERESFIELD are low, as opposed to average gains per annum over the past five years.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $385,000 $335,000
GROWTH REPORT
Median Quarterly 4.34% -1.47%
Median 12 month -3.75% 0%
Median 3 years 17.02% N/A
Median 5 years 35.33% N/A
10 years average annual 4.18% -0.74%
Weekly media advert. rent $360 $369
Time on Market 63.5 days 0.0 days
Gross Rental Yield Percent 4.86% 5.73%
demographics (median values)
Total Population
3119
Weekly Household Income
743.8
Household Size
2.40
demographics
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