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AREA REPORTS

Berry

Berry - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2535

house
unit

Property investors have seen a 11.45% gain in BERRY based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on BERRY, 2535 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 13.57%.

Based on its average 5-year and quarterly capital gains BERRY, 2535 saw average growth in the long term.

The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,192,500

Profits averaged 2.8% per annum over a 3-year period, due to an upward trend in home prices in BERRY, 2535.

This means, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

The gross rental yield in BERRY, 2535 is 2.83%.

An average of 6.83 real estate transactions take place per month in BERRY which translates to 82 per annum.

Data report can be found below

Berry
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,192,500 $875,000
GROWTH REPORT
Median Quarterly 11.45% 0%
Median 12 month 13.57% 6.32%
Median 3 years 8.41% -1.41%
Median 5 years 48.14% 88.17%
10 years average annual 6.77% -7.62%
Weekly media advert. rent $650 $480
Time on Market 118.0 days 0.0 days
Gross Rental Yield Percent 2.83% 2.85%
demographics (median values)*
Total Population
7338
Weekly Household Income
1114
Household Size
2.20
Age
56
Monthly Loan Repayment
1800
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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