New Berrima is a small community in New South Wales within the Wingecarribee local government area (postcode 2577). With a population of 598, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $84K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, labourers, sales. The top ancestries reported are Australian, English, Scottish.
The median house price in New Berrima is $799,000, having risen modestly 1.4% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,733.
Public transport access includes 9 bus stops. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, New Berrima offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($799K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.6x is considered moderate. House prices have moved +1.4% year-on-year.
New Berrima is a small community in New South Wales within the Wingecarribee local government area (postcode 2577). With a population of 598, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $84K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, labourers, sales. The top ancestries reported are Australian, English, Scottish.
The median house price in New Berrima is $799,000, having risen modestly 1.4% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,733.
Public transport access includes 9 bus stops. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, New Berrima offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($799K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.6x is considered moderate. House prices have moved +1.4% year-on-year.