Fraud Blocker

Berserker, QLD 4701

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 Berserker, QLD 4701 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 “Berserker, QLD 4701”

  1. The total adult population (15 years or older) of Berserker 4701 QLD is 5,619, with a median age of 35. Of those, 31.68% are married, 16.09% are divorced or separated, 47.02% are single and 5.25% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $6,072. The median monthly mortgage repayment for households in this suburb is $1,116 which is 18.38% of their earnings.

    Source: ABS Census Data (2021)

  2. Berserker, postcode 4701, is a bustling Queensland suburb, housing an approximate total of 3,831 households. As we hurtle into Q3 of 2023, this property market shows signs of vitality and potential for those with keen eyes on real estate trends.

    In this period, the typical prices for houses in Berserker 4701 are averaging at a friendly $288,878. Coupled with a median weekly rent marked at $388, this produces an attractive indicative yield of 6.98%. This yield noticeably surpasses that of many other suburbs, making Berserker particularly enticing for cashflow-centered property investors.

    Looking at the socio-economic condition of the suburb, the IRSAD score falls at a strong 850 out of 1217. This high score denotes the good socio-economic state of Berserker, further heightening its allure to potential investors.

    However, a note of caution: the renter-to-owner ratio stands at 42%, which borders on a saturated market and may present long-term burdens. Yet, the low units-to-houses ratio of 8% assures us that this market isn’t oversaturated with competitive rentals, presenting a favorable scenario for landlords seeking tenants.

    The affordability index for houses currently sits at 19 years—an encouraging indication that homeownership is within reach for many, factoring in variables such as interest rates, median family income, and the typical house price in the area.

    From a supply perspective, the stock on market Percentage for houses comes in at a low 0.32%, suggesting a favourable market with limited unsold properties. This is further supported by an inventory level for houses at merely 0.62 months. In the same vein, the building approvals Ratio for houses is a meagre 0.06%, notably below the 0.3% threshold, highlighting limited incoming supply.

    Average selling time, measured as days on market for houses, stands at 64, which, while not indicating high demand, still sits within a neutral range. The combined vacancy rate for houses and units is a low 1.31%, well below the 3.5% marker for low demand markets, displaying a healthy demand in the rental domain of the suburb’s market.

    However, the buy search index for houses lands at a softer 3, signalling a potentially limited demand. While this appears to be a drawback, it’s important to remember that it’s the overall picture that counts.

    In sum, Berserker 4701, with its blend of favourable and neutral market indicators, manifests itself as a noteworthy prospect for astute property investors. Any investment decisions should be made considering both these statistics and the ongoing market trends, visible on the accompanying dashboard. Moreover, the utilisation of advanced analytics tools such as the RCS (Relative Composite Score) can provide further insights with its use of over 80 diverse property market metrics.

    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