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Berri

Suburb Profile

Berri - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5343

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unit

Homeowners and real estate investors betting on BERRI, 5343 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 10.84%.

A steady increase in median property prices over a five-year period in the suburb translates to a 5.14% capital gain.

Property investors in BERRI enjoyed capital gains of 10.84% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $230,000.

Profits due to an upward trend in home prices there averaged 1.71% per annum over a 3-year period.

Home owners selling their properties and realtors in BERRI usually have to wait an average of 126.4 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $260 mark, reflecting a 5.88% increase in returns based on the current median price in BERRI.

BERRI, 5343 places 5th 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 $230,000 $158,000
GROWTH REPORT
Median Quarterly 21.05% N/A
Median 12 month 10.84% N/A
Median 3 years 5.14% N/A
Median 5 years 43.75% N/A
10 years average annual 4.47% N/A
Weekly media advert. rent $260 $210
Time on Market 126.4 days 0.0 days
Gross Rental Yield Percent 5.88% 6.91%
demographics (median values)
Total Population
4326
Weekly Household Income
725.1
Household Size
2.30
demographics
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