Berridale, NSW

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Livability Index
99
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Population: 1589

House Growth Prediction (per annual): 21%, 2146th out of 5061

Unit Growth Prediction (per annual): 14%, 1548th out of 2987

Keywords: Tourism, Big Area, Nature, Well Educated, Real Estate, High Rent

Basics

Berridale is a local community with population 1,589, and the population growth over the past decade is -36.7%. It has an average income $38,756.67 per annum. It has 92.4% of population who only speak English at home. Other top languages include German, Italian, French, Danish, Norwegian. Unemployment rate in Berridale is 2% while people work as professionals is 12.8%. Berridale has 0 Coles stores and 0 Woolworth stores. Its population density is 0.43 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Berridale has Socio-Economic raw score 994.2 while the average score across Australia is 1000. Therefore, Berridale has disadvantage in terms of Socio-Economic measure. It obtains relative score 49 out of 100 across Australia, while relative score 49 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. Berridale has a livability index 89.7, which is lower than average 100 across Australia. It ranks 6,619th 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 18.2% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Berridale has a higher than average growth expectation. It ranks 6,922th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Unlike house, unit/flat/apartment in Berridale is predicted to grow by 17.9% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Berridale has a lower than average growth. It ranks 4,137th out of 8,530 suburbs in Australia, which is predicted to be not attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school NA the attractiveness of Berridale, 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 Berridale, which obtains score of 69.9 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Berridale 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 64 out of 100.

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Berridale, NSW smart rating was calculated by GeoIndex Australia.

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