Berkshire Park, NSW

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Livability Index
95.5
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Population: 1706

House Growth Prediction (per annual): 16%, 3176th out of 5061

Unit Growth Prediction (per annual): NA, NAth out of 2987

Keywords: High Price, Nature, Young, Construction, Large Household, Large Family

Basics

Berkshire Park is a local community with population 1,706, and the population growth over the past decade is -4.49%. It has an average income $46,553.33 per annum. It has 47.8% of population who only speak English at home. Other top languages include Maltese, Cantonese, Arabic, Italian, Hindi. Unemployment rate in Berkshire Park is 3.8% while people work as professionals is 10%. Berkshire Park has 0 Coles stores and 0 Woolworth stores. Its population density is 21.56 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Berkshire Park has Socio-Economic raw score 1010.9 while the average score across Australia is 1000. Therefore, Berkshire Park has advantage in terms of Socio-Economic measure. It obtains relative score 57 out of 100 across Australia, while relative score 57 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. Berkshire Park has a livability index 99.3, which is lower than average 100 across Australia. It ranks 3,407th 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 14.8% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Berkshire Park has a higher than average growth expectation. It ranks 5,394th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Berkshire Park is predicted to grow by 6.4% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Berkshire Park has a higher than average growth. It ranks 2,623th 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 Berkshire Park, which obtains score of 98.2 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 Berkshire Park, which obtains score of 86.3 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Berkshire Park has a worse than average score, which is 16.3 out of 100. Similar to to primary school, secondary school has worse than average score, which is 49 out of 100.

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Berkshire Park, NSW smart rating was calculated by GeoIndex Australia.

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