Berry

POSTAL CODE: NSW, 2535

HOUSE

Property investors have seen a -1.79% drop in BERRY based on a decrease in median home prices for the past three months.

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 $1,650,000

Profits averaged -3.67% per annum over a 3-year period, due to an downward trend in home prices in BERRY, 2535.

This means, real estate investors could earn a rental income of $870 based on current median home prices for the suburb.

The gross rental yield in BERRY, 2535 is 2.74%.

An average of 5.33 real estate transactions take place per month in BERRY which translates to 64 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,650,000	N/A
Growth Report
Median Quarterly	-1.79%	N/A
Median 12 month	0%	N/A
Median 3 years	-11.05%	N/A
Median 5 years	26.15%	N/A
10 years average annual	8.9%	N/A
Weekly media advert. rent	$870	N/A
Time on Market	127.6 days	N/A
Gross Rental Yield Percent	2.74%	N/A

Demographics (Median Values)*

Total Population 7338

Weekly Household Income 1114

Household Size 2.20

Average 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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