The Berri Barmera Council, SA

Berri Barmera Council is a local government area in South Australia’s Riverland region. The Berri Barmera property market is well suited for investors who are looking for high gross yield opportunities.

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The local economy is driven by agriculture and tourism. The industries that provide the most jobs are “Manufacturing”, “Hospitality and tourism”, “Farming”, “Mining”, “Mining support services”, and “Education and training”.

Labourers (18.2%), Managers (14.2%), Professionals (13.9%), Technicians and Trades Workers (13.2%), and Community and Personal Service Workers (11.9%) are the most frequent jobs in Berri and Barmera. In Berri and Barmera, the typical weekly personal income for persons aged 15 and up is $533.

Separate homes account for 86.4 % of occupied private residences in Berri and Barmera, while semi-detached, row or terrace houses, townhouses, and other buildings account for 7.1 %, flats or apartments account for 5.0 %, and other dwellings account for 0.8 %.

Some suburbs are expected to experience strong capital growth in the coming years, making them excellent investment prospects. Each suburb has its own unique profile and offers different opportunities for investors. It helps to assess every suburb individually.

Wondering where to invest in the Berri Barmera LGA? Review the property market metrics using the interactive dashboard below.

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Capital Growth Heatmap

Property Market Snapshot

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

Buy 

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy 

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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This chart illustrates historical and projected quarterly typical price and number of sales, which are depicted as blue lines and green bars respectively. Council areas with average sales above 30/quarter and suburbs with sales above 7/quarter commonly produce high confidence forecasts.
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This chart shows historical and projected median rent and number of rentals, depicted as red lines and grey bars respectively. In many markets Rent prices lag the Typical Price by 1-2 years.
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This chart presents the gross rental yield, which is the value you generate from an investment property, represented as a percentage. The higher the percentage the better. Yield that is trending down frequently highlights a high demand market.
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Yield chart
This graph represents the dwelling demand profile for the LGA/suburb, which tends to correlate with the tenant preference for property type and number of bedrooms. Target dwelling type and number of bedrooms with the highest number of sales.
Upgrade to Starter Plan to see Demand Profile data.
Demand chart
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The chart below shows the proportion of units to houses in this area. Generally speaking the fewer units there are, the better.
unit to houses pie charts
The pie chart below shows the percentage of renters to owners in an area. Generally speaking the more owners the better.
Renters to owners pie chart
The chart below shows the IRSAD score for the area. IRSAD stands for the Index of Relative Advantage and Disadvantage. The higher the index, the more well off the population is in the area.
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IRSAD chart
This graph shows online search interest for sale and rent listings. The black line(s) represents the search index, which is the ratio of LGA/suburb searches to the state average. Value of 5 signifies that Buy/Rent searches are at state average. Be wary of areas with SI below 3.
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Index chart
This chart plots the annual percent change in typical prices for all suburbs in this LGA. Suburbs that cross the red (zero) line more than 3 times present poor capital growth opportunities.
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Confidence: High, Medium, Low

Supply

Stock on Market

Inventory

Hold Period

The most important metric for understanding the supply of homes in a given market. Stock on Market (SoM) is represented by bars which show the number of listings per month, and by a line which indicates the percentage of listed homes compared to the total number of dwellings in the area (SoM Percentage). A higher stock on market indicates a greater supply of properties.
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SOM chart
Inventory levels indicate the amount of stock available in relation to average monthly sales. Inventory levels above 3 months indicate a sizeable amount of stock available, while lower levels indicate diminishing supply. Decreasing inventory level trend can signal that prices may increase in the future.
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Inventory chart
Average number of years properties are re-sold in the area. The higher the value, the lower is the supply in the property market. Changing trend can act as a lead indicator to price increases / decreases.
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

The Days on Market metric shows how long, on average, it takes for listed properties to be sold. A higher number of days means that there is less demand for properties. Measured in days.
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DOM chart
Monthly vacancies (bar) and Vacancy Rates (line) in the area. Vacancy rates serve as a rental market demand indicator. Lower vacancy rates point to greater demand in the rental market. Decreasing vacancy rates can act as a lead indicator to both rental and sale price increases.
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Auction clearance rates in the area. The higher the clearance rate, the greater is the demand in the market. This metric is most useful at LGA level. Some high density suburbs with active markets can also have good quality clearance rate data. However, this metric is somewhat sparse for 80% of suburbs.
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

All Supply / Demand cards and graphs on this page are published under a preliminary Beta release.
You’re welcome to leave your feedback on our forum.

Property Market in The Berri Barmera Council, SA

What other property markets are there near The Berri Barmera Council, SA?

Berri Barmera Council is a local government area in the Riverland region of South Australia.

How many people live in The Berri Barmera Council, SA?

There are approximately 11000 people living in roughly 5000 dwellings in total, with an average household size of 2.3.

What are current and planned infrastructure projects in The Berri Barmera Council, SA?

Among the main projects there are Berri Riverfront Redevelopment, Solar Power Generation Facility,
Caring For Country (Lake Bonney) Management Plan, Coombe Street Master Plan, Bonney Theatre Redevelopment, Berri Boat Ramp.

What major retailers are there in The Berri Barmera Council, SA?

There are main retailers such as Riverland Central Plaza, Just Jeans, Chip as Chips, Pepperz.

What is the main industry in The Berri Barmera Council, SA?

Such sectors as Agriculture, Forestry and Fishing, Manufacturing, Retail Trade, Health Care and Social Assistance take the largest part of the employment.

What are the dominant demographic groups in The Berri Barmera Council, SA?

Among approximately 11000 people in Berri Barmera Council males and females make 50 % of each group. The median age of people is 45 years. Children aged 0-14 years account for approximately 18% of the population, and those aged 65+ years account for 22%.

How is unemployment rate trending in The Berri Barmera Council, SA?

Among approximately 5000 people employed, roughly 56% work full-time, 33% work part-time, and an estimated 7% are unemployed.

Suburbs/localities in this Local Government Area: Overland Corner 5330, Winkie 5343, Cobdogla 5346, Glossop 5344, Katarapko 5343, Barmera 5345, Loveday 5345, Monash 5342, Berri 5343

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