Located in New South Wales within the Hornsby local government area, Berrilee is a quiet locality (postcode 2159). With a population of 212, the suburb has a mature demographic with a median age of 51. Households earn a median income of $122K per year, with an average household size of 2.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.4% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, professionals. Employment in the area leans toward construction and professional services. The top ancestries reported are English, Australian, Scottish.
Berrilee has a median house price of $2.3 million, which has declined steeply by 14.8% year-on-year. The current median weekly rent is $800. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $3,000.
Public transport access includes 3 bus stops. The crime rate in the Hornsby LGA is low at 1,229 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 1.8% (low yield). Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.8x is considered stretched. House prices have moved -14.8% year-on-year. Population growth of +0.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.