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Investment Property Berwick, VIC, 3806

Suburb Snapshot

Berwick is a suburb in the Casey Region of Victoria. Berwick has a population of 47,671 people and 20.21% of its occupants live in rental accommodation. The median listing price for houses is $841,000 and this has changed 1.93% over the past year and changed 0.23% over 2 years.

The median rent in Berwick for houses is $600 per week and the median rental yield is 3.70%. Stock on the market for houses/townhouses has changed -0.98% compared to last year and the average time to sell a house/townhouse is 107 days.The median listing price for units is $590,000 and this has changed 0.85% over the past year. The average unit takes 144 days to sell and the median rent for a unit in Berwick is $490 per week, producing a rental yield of 4.31%.

Supply & Demand in Berwick, Casey

0.95%

Current vacancy rate


195

Rental stock available


47,671

Population


20.21%

Rental population


0.95%

Current vacancy rate


1,354

Rental stock available


299,294

Population


19.66%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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

Statistical data for Berwick, Casey

  House Townhouses Units
Median listing price $841,000 $645,000 $590,000
Median price change - last quarter 0.59% -2.87% 1.52%
Median price change - 1 year 1.93% -4.09% 0.85%
Median price change - 2 years 0.23% -5.50% 5.35%
  House Townhouses Units
Median weekly rent $600 $575 $490
Median yield % 3.70% 4.63% 4.31%
Median rent change - 1 year 9.09% 8.49% 8.88%
  House Units
Previous month sales 57 6
Stock on market previous month 405 21
Stock variance vs. last year -0.98% -36.36%
Average days on market 107 144

Berwick investment property listings

Showing 2 of 2 investment properties found in Berwick on realestateinvestar.com.au

15 Turner St, Berwick

$1,080,000

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1,099m² on Turner Street

A golden opportunity presents itself at 15 Turner Street, Berwick, a property that embodies potential, lifestyle, and location. Situated on an expansive flat block of approximately 1,099m², this property is the ultimate canvas for those with a vision. Whether you choose to rejuvenate the existing ...

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House

VIC 3806


4 Melrose Ct, Berwick

$795,000

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Endless Opportunity on 817m2 (Approx.) Prime Berwick Court Loca

Positioned at the end of a quiet and tightly held court in one of Berwick's most sought-after pockets, this substantial family home sits proudly on a massive approximately 817m2 allotment, offering immediate lifestyle appeal with outstanding future townhouse redevelopment potential (STCA) for two ...

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House

VIC 3806


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