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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 $844,500 and this has changed 2.79% over the past year and changed 0.05% over 2 years.

The median rent in Berwick for houses is $600 per week and the median rental yield is 3.69%. Stock on the market for houses/townhouses has changed -2.12% compared to last year and the average time to sell a house/townhouse is 111 days.The median listing price for units is $599,000 and this has changed 2.83% over the past year. The average unit takes 151 days to sell and the median rent for a unit in Berwick is $490 per week, producing a rental yield of 4.25%.

Supply & Demand in Berwick, Casey

1.02%

Current vacancy rate


209

Rental stock available


47,671

Population


20.21%

Rental population


0.98%

Current vacancy rate


1,389

Rental stock available


299,294

Population


19.66%

Rental population


0.94%

Current vacancy rate


29,256

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 $844,500 $645,000 $599,000
Median price change - last quarter 0.59% -2.87% 1.52%
Median price change - 1 year 2.79% -3.74% 2.83%
Median price change - 2 years 0.05% -6.53% 6.96%
  House Townhouses Units
Median weekly rent $600 $570 $490
Median yield % 3.69% 4.59% 4.25%
Median rent change - 1 year 10.09% 8.57% 8.88%
  House Units
Previous month sales 43 3
Stock on market previous month 415 16
Stock variance vs. last year -2.12% -55.56%
Average days on market 111 151

Berwick investment property listings

Showing 1 of 1 investment properties found in Berwick on realestateinvestar.com.au

5 Lisburn Way, BERWICK

$795,000

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VIC 3806


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