Berrilee NSW 2159: Property Market Report & Real Estate Insights

Part of Hornsby, NSW

Berrilee Real Estate Market Outlook

Thinking about buying in Berrilee? Now could not be a better time, with just 120 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,415,000 with prices in this suburb ranging from $1,376,000 to $3,431,000. Berrilee is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Living in Berrilee

Consistent high demand relative to supply is a key feature in Berrilee driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Berrilee are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Berrilee changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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. With very low industrial sector presence in Berrilee the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Instant Property Valuation

Berrilee, a serene suburb in the Hornsby Shire of New South Wales, offers a unique rural charm that's difficult to find so close to Sydney’s bustling city life. The housing market in Berrilee is characterized by large plots of land, offering residents a sense of seclusion and peace that is complemented by the picturesque landscape surrounding the area. Properties here often come with a higher price tag due to the expansive land sizes and the premium of living amidst nature. The market has seen a steady interest from buyers who wish to escape the denser urban settings, seeking tranquility without having to sacrifice accessibility to the city. While the selection of homes may be limited due to the suburb's relatively small size, it adds an air of exclusivity to owning property in this hidden gem.

Living in Berrilee is ideal for those who appreciate the outdoors and a slower pace of life. The suburb is nestled near beautiful waterways and national parks, offering a wealth of outdoor activities such as bushwalking, kayaking, and fishing. Despite its rural setting, Berrilee is still within reasonable commuting distance to Sydney, making it appealing for those working in the city but wishing to return home to a quieter environment. The community is tight-knit, and although amenities within the suburb itself are limited, nearby towns within the Hornsby Shire provide all necessary services and conveniences. Overall, Berrilee is perfect for families and individuals seeking a peaceful retreat with the advantages of both rural and urban access.

---

---

---

---

}

---

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!