Thinking about buying in Berri? Now could not be a better time, with a whopping 3219 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $325,000 with prices in this suburb ranging from $36,000 to $978,000.Distance to the coast is 193 Km.
In Berri there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Berri is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Berri leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Berri we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Berri a better buying opportunity than it may have been in the past.
|Median Weekly Rent||$217.79|
|Median Monthly Mortgage||$1067.00|
|Median Persons Per Bedroom||0.74|
|Average Household Size||2.21|
|Average Cars Per Dwelling||1.84|
|Average Properties Within 50M||10|
|1 Bed $303,000|
|2 Bed $259,000|
|3 Bed $303,000|
|4 Bed $419,000|
|5 Bed $505,000|
|1 MARSHALL ST, BERRI, SA, 5343||4||1||2|
|10 AFFLECK CT, BERRI, SA, 5343||4||2||2||$598,000|
|21 WORMAN ST, BERRI, SA, 5343||4||1||2||$325,000|
|9 MANIFOLD CR, BERRI, SA, 5343||3||1||1|
|421 RIVERVIEW DR, BERRI, SA, 5343||3||1||5||Best Offers|
|MARINA BIG RIVER, 396 RIVERVIEW DR, BERRI, SA, 5343||$1,600,000|
Our Lady of the River School
Riverland Special School
Berri Primary School(While the above schools are located with the suburb of Berri there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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