AREA REPORTS

Berridale

Suburb Profile

Berridale - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2628

house

BERRIDALE, 2628 ranks 168th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 24.58% for property investors.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $299,000.

The upward trend in home prices in BERRIDALE, 2628 averaged 9.63% per annum over a 3-year period.

Average weekly rents on listings have reached the $270 mark, reflecting a 4.7% increase in returns based on the current median price in BERRIDALE.

An average of 2.67 real estate transactions take place per month in BERRIDALE which translates to 32 per annum.

32 properties were sold in BERRIDALE in 2016, making it the 644th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $299,000 N/A
GROWTH REPORT
Median Quarterly N/A N/A
Median 12 month 24.58% N/A
Median 3 years 28.88% N/A
Median 5 years 8.73% N/A
10 years average annual 5.38% N/A
Weekly media advert. rent $270 N/A
Time on Market 75.2 days N/A
Gross Rental Yield Percent 4.7% N/A
demographics (median values)
Total Population
1413
Weekly Household Income
1016
Household Size
2.50
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Travel stamp

Migration cut plans set to impact property market

Top property industry bosses hold opposing views to the Prime Minister’s recently announced plan to reduce Australia’s migration intak...

For rent signage

'Bagging a bargain' easier in December, investors told

Investors looking to boost their portfolio should consider the buying and yield opportunities in the market during December, according to on...

Crystal ball

Major bank reveals predictions for property market in 2019

One of the big four banks has released its price predictions for the year ahead, on the basis of patterns and data from buyers in 2018. ...

Magnifying glass and human eye

'Problematic' Sydney, Melbourne focus holds back investors

Property investors often gravitate towards the bigger markets of Sydney and Melbourne, but one industry boss has expressed "grave concerns" ...

Australian dollars

Property investment amid tighter lending—is it worth the risk?

Many property investors are finding it hard to capitalise on the current market due to the tightening of the lending environment across Aust...

Businessman success

Big opportunities for property investors in 2019, expert tips

Labor’s negative gearing plans and softening house prices are creating a prime market for savvy investors, according to one expert. ...