Australia is in the midst of ‘the biggest rental crisis in history’, expert says
Australia’s property market has never been more paradoxical, with intense rental pressure recorded in a majority of towns and cities, but ...
Property investors enjoyed capital gains of 17.74% over the last 12 months in BERRARA, translating to lower returns compared with its peers in NSW.
The suburb posted a 12.31% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in BERRARA.
BERRARA, 2540 ranks 185th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1301st on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $730,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 17.74% | N/A |
| Median 3 years | 12.31% | N/A |
| Median 5 years | 85.99% | N/A |
| 10 years average annual | 12.9% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 183.2 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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