Berkeley

POSTAL CODE: NSW, 2506

HOUSE

UNIT

Property investors enjoyed capital gains of 8.88% over the last 12 months in BERKELEY, translating to higher returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.96% growth over a ten-year period. It ranks 1336th on our list of suburbs that property investors should look into.

BERKELEY, 2506 has a capital gain of 8.88% for the past year, which is higher than average compared to its 36.61% growth within a five-year period.

With the median home price in BERKELEY sitting at $867,500, and the average rent at $650, property owners could potentially earn a 3.9% increase in gross rental yield.

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

BERKELEY, 2506 in NSW belongs to the local government area of Wollongong.

Based on its average 5-year and quarterly capital gains BERKELEY, 2506 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 the NSW suburb obtained a 6.36% growth over a ten-year period. It ranks 684th on our list of suburbs that property investors should look into.

BERKELEY, 2506 in NSW belongs to the local government area of Wollongong.

BERKELEY, 2506 has a capital gain of 8.68% for the past year, which is lower than average compared to its 44.44% growth within a five-year period.

With the median home price in BERKELEY sitting at $845,000, and the average rent at $600, property owners could potentially earn a 3.69% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in BERKELEY 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	$867,500	$845,000
Growth Report
Median Quarterly	0.87%	0%
Median 12 month	8.88%	8.68%
Median 3 years	22.18%	0%
Median 5 years	36.61%	44.44%
10 years average annual	7.96%	6.36%
Weekly media advert. rent	$650	$600
Time on Market	31 days	N/A
Gross Rental Yield Percent	3.9%	3.69%

Demographics (Median Values)*

Total Population 7605

Weekly Household Income 1059

Household Size 2.60

Average Age 39

Monthly Loan Repayment 1603

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

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