NSW/
Berkeley

Suburb Profile

Berkeley - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2506

house

Property investors enjoyed capital gains of 21.36% over the last 12 months in BERKELEY, translating to lower 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 7.13% growth over a ten-year period. It ranks 822nd on our list of suburbs that property investors should look into.

BERKELEY, 2506 has a capital gain of 21.36% for the past year, which is higher than average compared to its 73.91% growth within a five-year period.

With the median home price in BERKELEY sitting at $500,000, and the average rent at $420, property owners could potentially earn a 4.37% 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.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $500,000 N/A
GROWTH REPORT
Median Quarterly 4.28% N/A
Median 12 month 21.36% N/A
Median 3 years 60.26% N/A
Median 5 years 73.91% N/A
10 years average annual 7.13% N/A
Weekly media advert. rent $420 N/A
Time on Market 32.7 days N/A
Gross Rental Yield Percent 4.37% N/A
demographics (median values)
Total Population
7409
Weekly Household Income
664.6
Household Size
2.70
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