Berwick VIC 3806

Here you can find what you need to know about Berwick, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$700k Median Sale Price (National Average $485k) 287th In VIC
11.69% Median Price Change (1 yr) (National Average 4.30%) 259th In VIC
$410pw Median Rent (National Average $395) 259th In VIC
3.0% Median Gross Yield (National Average 4.24%) 323rd In VIC
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Properties sold 747
Average discounting -4.79%
Average Days on Market 36
Stock on Market 241 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Berwick, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Berwick, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Berwick, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Berwick


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Latest Auction Results for Berwick as at 11 November 2018

Property Details
Sale Price
4Bed / 2Bath / Car / House
$950,000
4Bed / 2Bath / Car / House
$790,000
2Bed / 1Bath / 2Car / Unit
$630,000
4Bed / 2Bath / 2Car / House
-

State Auction Clearance Rates - November 2018

Auctions Clearance rate
VIC 1,127 46%
ACT 108 40%
NSW 844 42%
NT 12 27%
QLD 139 34%
SA 123 46%
TAS 3 67%
WA 42 21%

Local Schools


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Suburb Information

Berwick, VIC 3806

Part of: Casey Council No data available

The size of Berwick is approximately 33.6 square kilometres. It has 275 parks covering nearly 8.4% of total area. The population of Berwick in 2011 was 44,779 people. By 2016 the population was 47,677 showing a population growth of 6.5% in the area during that time. The predominant age group in Berwick is 40-49 years. Households in Berwick are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berwick work in a professional occupation. In 2011, 78% of the homes in Berwick were owner-occupied compared with 75.4% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Berwick

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Berwick   for Houses in last 12 months


There have been 747 Houses sold in Berwick in the past 12 months with a median sale price of $700K, up 11.69% annually. It takes on average 36 days to sell with vendor discounting of -4.79%.

Streets in Berwick


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Clyde North VIC, 3978 29.94% $581,500 $400pw 3.6% View Suburb Profile
Pakenham VIC, 3810 18.99% $520,000 $360pw 3.6% View Suburb Profile
Vermont South VIC, 3133 1.72% $1,180,000 $510pw 2.2% View Suburb Profile
Hampton Park VIC, 3976 19.67% $550,500 $355pw 3.4% View Suburb Profile