HOUSE AND LAND
Berwick is a suburb in Melbourne, Victoria, Australia, 41 kilometres south-east of Melbourne's central business district. Its local government area is the City of Casey. At the 2016 Census, Berwick had a population of 47,674
According to Domain, Berwick is a leafy laidback suburb with country style and urban convenience. Berwick is ideal for mature couples looking to trade the city hassles for country calm, and families who want spacious living without sacrificing convenience.
Berwick is a very family-friendly area, thanks to its relatively modern homing landscape. Houses and streets are roomy, preserving that rural feel and you’ll find a lot of established families, many of whom moved to the area in its fledgling state, still happily calling Berwick home.
Tree-lined High St is a cute village of shops, cafes, and restaurants where you can relax and brunch in the leafy surrounds, while just behind you’ll find major supermarkets to do your weekly shop. The Wilson Botanic Park is a prime picnicking territory with its gorgeous lake and BBQs, plus the nearby aquatic and recreation center will keep you fighting fit. But if you’re looking for less outdoorsy pleasures, nearby Westfield Fountain Gate shopping center is Australia’s second-largest shopping center and can tick any boxes with its hundreds of stores, restaurants, cinemas, and in-center events.
When it comes to education, Berwick has a great selection of primary, secondary, and private schools. Among them are Haileybury College, which is the number 1 ranked school in Australia, St. Margaret's girls school, and Beaconhills College, all of which provide state of the art facilities and are known to receive excellent VCE results. Berwick is also home to a TAFE and a campus of Federation University.
Prices & Growth
According to realestate.com.au, median property prices in Berwick over the last year range from $681,000 for houses to $540,000 for units. If you are looking for an investment property, houses in Berwick rent out for a median price of $410 PW with an annual rental yield of 3.1% and units rent for $370 PW with a rental yield of 3.6%. Based on five years of sales, Berwick has seen a compound growth rate of 7.0% for houses and 5.7% for units.