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Berringa, VIC 3351
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$540,000
market range $500K-$775K
Median Unit
$405,000
list-price estimate
Gross Yield (houses)
5.6%
1yr Growth
-
Investment snapshot for Berringa
Berringa has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Berringa market and investor summary
Berringa (VIC 3351) runs a median house price of $540K, with houses yielding a gross 5.6%. At 2.6% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.6% does more of the early heavy lifting than capital growth usually would at this price point. Houses also take time to sell, around 125 days on market, so plan for a slower exit if you ever need one.
Living in Berringa: people, income and schools
About 194 people live in Berringa, and the area has been growing steadily, up about 9% over five years. The median age is 49, skewed a little older, and 85% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $47,000 a year, or roughly $900 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to a steep 11.5 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 22% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 194
- +9% over 5yr
- Median age
- 49 years
- Median household income
- $47,000/yr
- Households renting
- 4%
- Family households
- 67%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 3.1%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Berringa
No properties currently listed in Berringa
Search Berringa listings →Frequently asked questions about Berringa
What should I check before investing in Berringa?
Berringa has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid house gross rental yield of 5.6%, giving a stronger rent-to-price starting point than many suburbs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Berringa?
The median property price in Berringa, VIC 3351 is $540K for houses.
What rental yield does Berringa show?
The gross rental yield in Berringa is 5.6% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Berringa?
The current vacancy rate in Berringa is 2.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Berringa?
Berringa has a population of approximately 194 residents, with a median age of 49.
Is Berringa affordable to buy in?
A median house in Berringa costs about 11.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Berringa's population growing?
The population of Berringa has grown about 9% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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