How Much is My Home Worth in Berwick?
Real Estate Appraisal Berwick, VIC 3806
As of January 17, 2021, the median price for a house in Berwick was $700,000. A median-priced unit is valued $533,500. In the past year there has been 574 houses and 93 units sold. The annual capital growth for homes is 4.51% and units is 4.71%. The 12-month capital growth is 2.83% on houses and 2.83% for units. The DSR rating or Demand to Supply Ratio has homes and units as good. This translates to there being more demand than supply. Vendors are usually getting the price they are asking for. As an investment expect the capital growth to trend ahead of the national average. It takes on average 41 days to sell a house and 63 days to sell a unit.
House prices and rent returns in Berwick.
- 2 bedroom home $588,500 Rent per week $350
- 3 bedroom home $616,000 Rent per week $390
- 4 bedroom home $750,000 Rent per week $450
Unit prices and rent returns in Berwick.
- 2 bedroom unit $520,000 Rent per week $340
- 3 bedroom unit $597,000 Rent per week $398
The gross rental yield for houses is 3.17% and for units, it is 3.61%
Free Real Estate Appraisal Berwick
Do you want to sell your property in Berwick? We provide free real estate appraisals on homes, units, apartments and land. We have sold over 240 properties in Berwick. Our appraisers are happy to meet with owners and demonstrate how we value a property. We appraise homes on recent sales and the proximity to schools, shops, amenities and public transport.
Rental Appraisal Berwick
Perhaps you want to rent your current home or you have an investment property you wish to rent? We meet with the landlord to see if the property is for long or short term lease. We ask a number of questions to find out the type of tenant that is preferred. All tenants are security checked and we have a zero policy on rental payments that are in arrears. We have a database of people wanting to lease property in Berwick. Our property management team manage over 3500 properties.
Lifestyle in Berwick
Berwick is a leafy suburb located 41 kilometres from the CBD of Melbourne in the south east. The main street house many cafes and restaurants. In the heart of Berwick is the Wilson Botanic Park. There are 2 hospitals the Casey Hospital and St. John of God Berwick.
There is a football club, tennis club and cricket team. At Edwin Flack Reserve you will find a little athletics club.
Schools in Berwick
There are 13 schools in Berwick.
- Berwick Primary School Co-educational
- Berwick Secondary College Co-educational
- Haileybury College Boys Private
- Nossal High School Co-educational