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Berrigan
AREA REPORTS

Berrigan

Berrigan - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2712

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Property investments in BERRIGAN fare well against the rest of the country last year, registering a median home price increase of 26.19%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains BERRIGAN, 2712 saw average growth in the long term.

Real estate investors could earn a rental income of $235 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 130.7 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $212,000.

BERRIGAN ranks 55th on the list of best yielding suburbs for rental properties in NSW, posting a 5.76% return.

Data report can be found below

Berrigan
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $212,000 N/A
GROWTH REPORT
Median Quarterly -8.52% N/A
Median 12 month 26.19% N/A
Median 3 years 41.33% N/A
Median 5 years 36.77% N/A
10 years average annual 2.51% N/A
Weekly media advert. rent $235 N/A
Time on Market 130.7 days N/A
Gross Rental Yield Percent 5.76% N/A
demographics (median values)*
Total Population
1356
Weekly Household Income
908
Household Size
2.20
Age
51
Monthly Loan Repayment
943
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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