Beresfield

POSTAL CODE: NSW, 2322

HOUSE

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 9.57% growth over a ten-year period. It ranks 179th on our list of suburbs that property investors should look into.

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

BERESFIELD, 2322 has a capital gain of 11.2% for the past year, which is lower than average compared to its 73.29% growth within a five-year period.

With the median home price in BERESFIELD sitting at $697,500, and the average rent at $590, property owners could potentially earn a 4.4% 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.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$697,500	N/A
Growth Report
Median Quarterly	4.1%	N/A
Median 12 month	11.2%	N/A
Median 3 years	16.25%	N/A
Median 5 years	73.29%	N/A
10 years average annual	9.57%	N/A
Weekly media advert. rent	$590	N/A
Time on Market	28.7 days	N/A
Gross Rental Yield Percent	4.4%	N/A

Demographics (Median Values)*

Total Population 18450

Weekly Household Income 1351

Household Size 2.70

Average Age 37

Monthly Loan Repayment 1625

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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