Fraud Blocker

Berry, NSW 2535

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Berry, NSW 2535 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Berry, NSW 2535”

  1. The total adult population (15 years or older) of Berry 2535 NSW is 2,649, with a median age of 57. Of those, 59.34% are married, 10.61% are divorced or separated, 19.37% are single and 10.65% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $8,200. The median monthly mortgage repayment for households in this suburb is $2,167 which is 26.43% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled within the region of New South Wales, the charming suburb of Berry 2535 is a thriving residential area that is home to approximately 1,773 households. In Q3 of 2023, the typical house prices in Berry 2535 are noted to be $1,695,823 with the median weekly rent sitting at a comfortable $774. This has contributed to an indicative yield of 2.37%, painting a somewhat attractive landscape for potential property investors seeking cashflow-positive returns, nevertheless, it falls slightly below the minimum attractive market yield of 3%.

    Simultaneously, Berry holds a strong socio-economic status indicated by the IRSAD score of 1066 out of 1217. This suggests a high-placed economic position secured by occupations of skill and higher income levels in the community. Furthermore, the suburb holds an appealing renter to owner ratio of 12%, which is well below the 30% threshold, indicating a stronger owner-occupier presence. This is met with a favourable units to houses ratio, standing at a very low 1%, suggesting the dominance of houses over units which signifies less competition among landlords for tenants.

    The affordability index for houses in Berry, however, presents a challenging outlook with a notable 81 years required to fully own a property. This suggests a decreased affordability in the area, as it greatly exceeds the common 30-year mortgage period.

    Turning to the supply metrics, Berry is indicating a positive trend with the stock on market percentage for houses at a low 0.3%. The inventory level for houses sits at 1.43 months, showing a faster than average churn rate – a potentially positive sign for property sellers. The building approvals ratio is at a low 0.06%, hinting at a stable property market with no oversupply risk.

    However, the demand metrics present a somewhat balanced view. The average market days for houses stand at 95, suggesting a relatively soft housing demand. The vacancy rate, which includes both houses and units, is 4.11% indicating a surplus of properties and potentially posing challenges for landlords to find tenants. Yet, the buy search index for houses at 6 signifies a robust interest from potential buyers, which could boost the demand side over time.

    Ultimately, while Berry 2535 showcases several favourable property opportunities, it is essential for investors to examine these combined metrics and track their trends over time. RCS (Relative Composite Score) by HtAG Analytics could greatly simplify this process, ensuring a comprehensive and well-informed investment approach.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment