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.

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Recent Sales & Auction Results in Berwick

Address Price Type Method Sale Date Agent
Property List
28 Clyde Rd, Berwick 3 House (Res) Auction Sale 20/04/2024 OBrien Real Estate
55 Fairground Prm, Berwick 5 House (Res) Passed in at Auction 20/04/2024 Your Expert Real Estate

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$880k

Metro Melbourne

$929k

Quarterly Price Change

-3.3%

Metro Melbourne

2%

Median Rent

$550

Metro Melbourne

$550

Rental Yield

3.2%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 69% 75.3%
Days on Market 33 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $635,000 $920,000
3 Bedrooms $767,500 $810,000
4 Bedrooms $990,000 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $430 $550
3 Bedrooms $520 $520
4 Bedrooms $590 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$618k

Metro Melbourne

$635k

Quarterly Price Change

0.6%

Metro Melbourne

0.3%

Median Rent

$500

Metro Melbourne

$520

Rental Yield

4.1%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 69% 75.3%
Days on Market 33 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms $560,000 $600,000
3 Bedrooms $648,500 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $450
2 Bedrooms $460 $540
3 Bedrooms $510 $620

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