Berkeley Vale is a mid-sized suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2261). With a population of 8,951, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $93K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Berkeley Vale is $1.0 million, having increased 3.6% over the past year. Units have a median price of $610,000 (+20.2% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,950.
Berkeley Vale is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 950, which is around the national average of 1,000. Public transport access includes 73 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Berkeley Vale offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.9x is considered stretched. House prices have moved +3.6% year-on-year.
Berkeley Vale is a mid-sized suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2261). With a population of 8,951, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $93K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Berkeley Vale is $1.0 million, having increased 3.6% over the past year. Units have a median price of $610,000 (+20.2% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,950.
Berkeley Vale is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 950, which is around the national average of 1,000. Public transport access includes 73 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Berkeley Vale offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.9x is considered stretched. House prices have moved +3.6% year-on-year.