Berry Mountain is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2535). With a population of 29, the suburb has an older demographic with a median age of 65. Households earn a median income of $117K per year, with an average household size of 1.9 people. The top ancestries reported are Australian, English, Scottish.
The median house price in Berry Mountain is $12 million, having surged 439.1% over the past year. The current median weekly rent is $780. This gives a gross rental yield of approximately 0.3%. The median monthly mortgage repayment is $6,167.
Public transport access includes 1 bus stop. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Berry Mountain offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($12.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 106.0x is considered stretched. House prices have moved +439.1% year-on-year.
Berry Mountain is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2535). With a population of 29, the suburb has an older demographic with a median age of 65. Households earn a median income of $117K per year, with an average household size of 1.9 people. The top ancestries reported are Australian, English, Scottish.
The median house price in Berry Mountain is $12 million, having surged 439.1% over the past year. The current median weekly rent is $780. This gives a gross rental yield of approximately 0.3%. The median monthly mortgage repayment is $6,167.
Public transport access includes 1 bus stop. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Berry Mountain offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($12.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 106.0x is considered stretched. House prices have moved +439.1% year-on-year.