SOLD
Sold on 26 Aug 2024 for $475,000

Palazzo Way
Berwick VIC 3806

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 294m2
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Property Details for Lot 2708 Palazzo Way, Berwick

Building Type
Land
Land Size
294m2
Local Government
Casey
Lot/Plan
2708/PS816058

Property History for Lot 2708 Palazzo Way, Berwick, VIC 3806

A timeline of how this property has performed in the market
Last Sold
$475,000
26 Aug 2024
  • 26 Aug 2024
    Sold for $475,000

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About Berwick 3806

The size of Berwick is approximately 33.6 square kilometres. It has 72 parks covering nearly 10.3% of total area. The population of Berwick in 2011 was 44,779 people. By 2016 the population was 47,677 showing a population growth of 6.5% in the area during that time. The predominant age group in Berwick is 40-49 years. Households in Berwick are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berwick work in a professional occupation. In 2011, 78% of the homes in Berwick were owner-occupied compared with 75.4% in 2016.

Berwick has 23,297 properties. Over the last 5 years, Houses in Berwick have seen a 32.90% increase in median value, while Units have seen a 29.56% increase. As at 31 October 2024:

  • The median value for Houses in Berwick is $925,189 while the median value for Units is $678,185.
  • Houses have a median rent of $600 while Units have a median rent of $530.
There are currently 146 properties listed for sale, and 64 properties listed for rent in Berwick on OnTheHouse. According to CoreLogic's data, 1036 properties were sold in the past 12 months in Berwick.

Suburb Insights for Berwick 3806

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.