Livability Index
96.8
What's this?

Population: 8799

House Growth Prediction (per annual): 29%, 563th out of 5061

Unit Growth Prediction (per annual): 22%, 345th out of 2987

Keywords: Young, Active Market, Business Area, High Population, Workforce, Born Overseas, Diverse Language, Trade, Finance, Large Household, High Rent

Basics

Berala is a local community with population 8,799, and the population growth over the past decade is 15.6%. It has an average income $41,835 per annum. It has 22.9% of population who only speak English at home. Other top languages include Cantonese, Mandarin, Arabic, Vietnamese, Croatian. Unemployment rate in Berala is 8.5% while people work as professionals is 20.1%. Berala has 1 Coles stores and 0 Woolworth stores. Its population density is 883.85 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Berala has Socio-Economic raw score 917.4 while the average score across Australia is 1000. Therefore, Berala has disadvantage in terms of Socio-Economic measure. It obtains relative score 18 out of 100 across Australia, while relative score 18 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Berala has a livability index 93.2, which is lower than average 100 across Australia. It ranks 5,593th out of 8,530 suburbs across Australia. Therefore, it is a suburb less livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 16.9% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Berala has a higher than average growth expectation. It ranks 6,396th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Berala is predicted to grow by 8.5% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Berala has a higher than average growth. It ranks 3,450th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school NA the attractiveness of Berala, which obtains score of NA out of 100 within NSW based on local primary school student exam performance. NA primary school, secondary public school contribute to the attractiveness of Berala, which obtains score of 82.4 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Berala has a NA than average score, which is NA out of 100. NA to primary school, secondary school has better than average score, which is 72.1 out of 100.

Review

Review Berala, NSW

 

Berala, NSW smart rating was calculated by GeoIndex Australia.

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