Berkeley, NSW

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Livability Index
101.2
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Population: 7427

House Growth Prediction (per annual): 19%, 2603th out of 5061

Unit Growth Prediction (per annual): 12%, 1982th out of 2987

Keywords: Active Market, Nature, Born Overseas, Diverse Language, Unemployed

Basics

Berkeley is a local community with population 7,427, and the population growth over the past decade is 9.09%. It has an average income $44,611.67 per annum. It has 75.4% of population who only speak English at home. Other top languages include Macedonian, Arabic, Portuguese, Italian, Vietnamese. Unemployment rate in Berkeley is 10.1% while people work as professionals is 12%. Berkeley has 0 Coles stores and 1 Woolworth stores. Its population density is 312.24 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Berkeley has Socio-Economic raw score 879.9 while the average score across Australia is 1000. Therefore, Berkeley has disadvantage in terms of Socio-Economic measure. It obtains relative score 10 out of 100 across Australia, while relative score 9 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. Berkeley has a livability index 98.3, which is lower than average 100 across Australia. It ranks 3,768th 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 16.8% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Berkeley has a higher than average growth expectation. It ranks 6,337th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Berkeley is predicted to grow by 8.4% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Berkeley has a higher than average growth. It ranks 3,412th 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 contribute to the attractiveness of Berkeley, which obtains score of 93.1 out of 100 within NSW based on local primary school student exam performance. Similar to primary school, secondary public school contribute to the attractiveness of Berkeley, which obtains score of 78 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Berkeley has a worse than average score, which is 20 out of 100. Similar to to primary school, secondary school has worse than average score, which is 16.2 out of 100.

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Berkeley, NSW smart rating was calculated by GeoIndex Australia.

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