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Berridale

Suburb Profile

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

house

BERRIDALE, 2628 ranks 175th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 18.83% for property investors.

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

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 $330,000.

The upward trend in home prices in BERRIDALE, 2628 averaged 20.39% per annum over a 3-year period.

Average weekly rents on listings have reached the $340 mark, reflecting a 5.36% increase in returns based on the current median price in BERRIDALE.

An average of 2.5 real estate transactions take place per month in BERRIDALE which translates to 30 per annum.

30 properties were sold in BERRIDALE in 2016, making it the 659th most active market in NSW based on total real estate transactions.

BERRIDALE, 2628 places 537th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $330,000 N/A
GROWTH REPORT
Median Quarterly 1.62% N/A
Median 12 month 18.83% N/A
Median 3 years 61.17% N/A
Median 5 years 40.43% N/A
10 years average annual 5.11% N/A
Weekly media advert. rent $340 N/A
Time on Market 92.0 days N/A
Gross Rental Yield Percent 5.36% N/A
demographics (median values)
Total Population
1413
Weekly Household Income
1016
Household Size
2.50
demographics
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