Berrima, NSW

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Livability Index
97.3
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Population: 600

House Growth Prediction (per annual): 23%, 1644th out of 5061

Unit Growth Prediction (per annual): 16%, 1103th out of 2987

Keywords: High Price, Nature, Investment

Basics

Berrima is a local community with population 600, and the population growth over the past decade is -13.9%. It has an average income $44,601 per annum. It has 82.2% of population who only speak English at home. Other top languages include Dutch, German, Tagalog, Czech, Serbian. Unemployment rate in Berrima is 4.8% while people work as professionals is 15.3%. Berrima has 0 Coles stores and 0 Woolworth stores. Its population density is 5.27 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Berrima has Socio-Economic raw score 1070.6 while the average score across Australia is 1000. Therefore, Berrima has advantage in terms of Socio-Economic measure. It obtains relative score 85 out of 100 across Australia, while relative score 82 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. Berrima has a livability index 99.3, which is lower than average 100 across Australia. It ranks 3,408th 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, Berrima 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 Berrima is predicted to grow by NA% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Berrima has a higher than average growth. It ranks NAth 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 Berrima, which obtains score of 96.9 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 Berrima, which obtains score of 90.1 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Berrima has a better than average score, which is 71.1 out of 100. Similar to to primary school, secondary school has better than average score, which is 71 out of 100.

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Berrima, NSW smart rating was calculated by GeoIndex Australia.

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