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Investment Property Berala, NSW, 2141

Suburb Snapshot

Berala is a suburb in the Cumberland Region of New South Wales. Berala has a population of 9,053 people and 37.10% of its occupants live in rental accommodation. The median listing price for houses is $1,415,000 and this has changed 7.19% over the past year and changed 25.77% over 2 years.

The median rent in Berala for houses is $700 per week and the median rental yield is 2.57%. Stock on the market for houses/townhouses has changed 63.64% compared to last year and the average time to sell a house/townhouse is 44 days.The median listing price for units is $450,000 and this has changed 7.39% over the past year. The average unit takes 248 days to sell and the median rent for a unit in Berala is $490 per week, producing a rental yield of 5.66%.

Supply & Demand in Berala, Cumberland

1.10%

Current vacancy rate


34

Rental stock available


9,053

Population


37.10%

Rental population


1.50%

Current vacancy rate


1,388

Rental stock available


216,076

Population


36.44%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Berala, Cumberland

  House Townhouses Units
Median listing price $1,415,000 NA $450,000
Median price change - last quarter -1.74% NA 0.00%
Median price change - 1 year 7.19% NA 7.39%
Median price change - 2 years 25.77% NA 18.42%
  House Townhouses Units
Median weekly rent $700 $665 $490
Median yield % 2.57% NA 5.66%
Median rent change - 1 year 12.00% 10.83% 8.88%
  House Units
Previous month sales 7 5
Stock on market previous month 18 10
Stock variance vs. last year 63.64% 100.00%
Average days on market 44 248

Berala investment property listings

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