Berkeley

Berkeley, NSW 2506 has a total population of 7798 residents. The suburb has a diverse age distribution, with a significant proportion aged between 5 to 19 years and 45 to 64 years. The median household income weekly is $1,217. The top three occupations include technicians and tradeworkers, professionals, and community and personal service workers. Commute to work data indicates a preference for motor vehicles and working from home. For houses, Berkeley presents a promising investment opportunity with a high market absorption rate, low vacancy rate, and strong historical median growth. The suburb is appealing to families and professionals due to its amenities and educational advantages. For units, the market shows stability with a low vacancy rate and rental demand. However, the growth potential for units is notably lower compared to houses. Berkeley, NSW 2506 offers a family-friendly environment with good investment potential, particularly for houses. The suburb's demographics reflect a mix of age groups and occupations, making it an attractive location for homeowners and investors alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022