Berry is a smaller suburb in New South Wales within the Shoalhaven local government area (postcode 2535). With a population of 3,098, the suburb has an older demographic with a median age of 57. Households earn a median income of $78K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Berry is $1.5 million, having dropped significantly 10.9% over the past year. Units have a median price of $1.3 million (+52.9% YoY). The current median weekly rent is $780. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,167.
Berry is served by 1 school, including 1 primary. The average ICSEA score is 1067, which is above the national average of 1,000. Public transport access includes 1 rail station, 1 ferry wharf, 67 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Berry offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 18.9x is considered stretched. House prices have moved -10.9% year-on-year.
Berry is a smaller suburb in New South Wales within the Shoalhaven local government area (postcode 2535). With a population of 3,098, the suburb has an older demographic with a median age of 57. Households earn a median income of $78K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Berry is $1.5 million, having dropped significantly 10.9% over the past year. Units have a median price of $1.3 million (+52.9% YoY). The current median weekly rent is $780. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,167.
Berry is served by 1 school, including 1 primary. The average ICSEA score is 1067, which is above the national average of 1,000. Public transport access includes 1 rail station, 1 ferry wharf, 67 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Berry offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 18.9x is considered stretched. House prices have moved -10.9% year-on-year.