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Berriedale
AREA REPORTS

Berriedale

Berriedale - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7011

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Property investors enjoyed capital gains of 12.99% over the last 12 months in BERRIEDALE, translating to lower returns compared with its peers in TAS.

A survey of average capital gains or median home price increase in suburbs across the country shows that the TAS suburb obtained a 5.82% growth over a ten-year period. It ranks 1312th on our list of suburbs that property investors should look into.

BERRIEDALE, 7011 has a capital gain of 12.99% for the past year, which is lower than average compared to its 71.6% growth within a five-year period.

With the median home price in BERRIEDALE sitting at $435,000, and the average rent at $420, property owners could potentially earn a 5.02% increase in gross rental yield.

A 12.99% increase in median property prices in BERRIEDALE, 7011 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 80th.

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

BERRIEDALE, 7011 in TAS belongs to the local government area of Glenorchy (C).

Data report can be found below

Berriedale
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $435,000 N/A
GROWTH REPORT
Median Quarterly 3.57% N/A
Median 12 month 12.99% N/A
Median 3 years 27.19% N/A
Median 5 years 71.6% N/A
10 years average annual 5.82% N/A
Weekly media advert. rent $420 N/A
Time on Market 34.7 days N/A
Gross Rental Yield Percent 5.02% N/A
demographics (median values)*
Total Population
14696
Weekly Household Income
1024
Household Size
2.30
Age
39
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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