Berkeley Vale, NSW

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Livability Index
101
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Population: 8486

House Growth Prediction (per annual): 21%, 2093th out of 5061

Unit Growth Prediction (per annual): 15%, 1503th out of 2987

Keywords: Active Market, Valuable Market, High Population, Livestock, Nature, Well Educated, Trade

Basics

Berkeley Vale is a local community with population 8,486, and the population growth over the past decade is -6.89%. It has an average income $42,812.67 per annum. It has 94.3% of population who only speak English at home. Other top languages include German, Italian, Spanish, Arabic, Dutch. Unemployment rate in Berkeley Vale is 5.9% while people work as professionals is 15.1%. Berkeley Vale has 0 Coles stores and 0 Woolworth stores. Its population density is 357.39 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Berkeley Vale has Socio-Economic raw score 964.5 while the average score across Australia is 1000. Therefore, Berkeley Vale has disadvantage in terms of Socio-Economic measure. It obtains relative score 35 out of 100 across Australia, while relative score 35 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 Vale has a livability index 101.1, which is higher than average 100 across Australia. It ranks 2,826th out of 8,530 suburbs across Australia. Therefore, it is a suburb more 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 15.5% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Berkeley Vale has a higher than average growth expectation. It ranks 5,689th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Berkeley Vale is predicted to grow by 7.1% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Berkeley Vale has a higher than average growth. It ranks 2,881th 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 Vale, which obtains score of 94.2 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 Vale, which obtains score of 86.7 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Berkeley Vale has a worse than average score, which is 45.5 out of 100. Similar to to primary school, secondary school has worse than average score, which is 48.2 out of 100.

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Berkeley Vale, NSW smart rating was calculated by GeoIndex Australia.

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