Profile for Berwick

3806

Berwick is located 42 km south-east of the CBD. Berwick is one of the older settlements located in the Melbourne's south-eastern growth corridor. The Princess Freeway and the Princess Highway traverse the suburb. The population of Berwick is expected to grow rapidly on the back of strong residential development. The suburb also features the Berwick campuses of Monash University and Casey Institue of Tafe and a number of significant of retirement villages.

Median data for June 2018 Quarter. Click here for details.

Median Sale Price

$710k

Metro Melbourne

$840k

Quarterly Price Change

-5.6%

Metro Melbourne

-0.6%

Median Rent

$420

Metro Melbourne

$440

Rental Yield

3.1%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 20% 60.6%
Days on Market 27 35
Median price by Bedrooms Suburb Metro
2 Bedrooms $470,000 $900,000
3 Bedrooms $633,000 $740,000
4 Bedrooms $752,500 $870,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $466
3 Bedrooms $390 $410
4 Bedrooms $441 $470

Median data for June 2018 Quarter. Click here for details.

Median Sale Price

$653k

Metro Melbourne

$604k

Quarterly Price Change

13.6%

Metro Melbourne

0.5%

Median Rent

$370

Metro Melbourne

$420

Rental Yield

3.4%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 20% 60.6%
Days on Market 27 35
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $376,000
2 Bedrooms $460,000 $570,000
3 Bedrooms $630,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $360
2 Bedrooms $333 $430
3 Bedrooms $380 $515

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