Comparative Market Analysis 8 SING CRESCENT BERWICK VIC 3806 Prepared on 22nd August 2022 Rachael Davidson OBrien Real Estate 56 - 58 High Street BERWICK VIC 3806 m: 0458 307 rachael.davidson@obrienrealestate.com.au440
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Comps Map: Rentals This data point was edited by the author of this CMA and has not been verified by CoreLogic
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Comparable Rentals 1 7 TOTTINGTON RISE BERWICK VIC 3806 641m2 144m23 2 2 Year Built 2006 DOM 10 days Listing Date 17-May-22 Distance 0.57km Listing Price $420 per week 2 4 EGLINTON CLOSE BERWICK VIC 3806 325m2 123m23 2 2 Year Built 2005 DOM 19 days Listing Date 20-Jun-22 Distance 0.78km Listing Price $400 per week 3 24 SHAFTSBURY AVENUE BERWICK VIC 3806 544m2 156m23 2 2 Year Built 2002 DOM 42 days Listing Date 11-Jul-22 Distance 0.86km Listing Price $450 Per Week 4 80 MANSFIELD STREET BERWICK VIC 3806 553m2 147m23 2 2 Year Built 1985 DOM 17 days Listing Date 05-Aug-22 Distance 1.21km Listing Price $420 Per Week 5 5 BENNY PLACE BERWICK VIC 3806 585m2 112m23 2 2 Year Built 1994 DOM 7 days Listing Date 18-Jul-22 Distance 1.36km Listing Price $420 p.w. DOM = Days on market * This data point was edited by the author of this CMA and has not been verified by CoreLogic © Copyright 2022 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Comparable Rentals 6 15 PRIME COURT BERWICK VIC 3806 503m2 143m23 2 2 Year Built 2001 DOM 21 days Listing Date 10-May-22 Distance 0.32km Listing Price $460 weekly DOM = Days on market * This data point was edited by the author of this CMA and has not been verified by CoreLogic © Copyright 2022 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Berwick Demographic Suburb Insights 47.7 k Population 6% 5 yearschangepopulation 12.7 years Average length of ownership HOUSEHOLD STRUCTURE HOUSEHOLD OCCUPANCY HOUSEHOLD INCOME AGE TYPE % TYPE % TYPE % TYPE % Childless Couples 28.6 Owns Outright 27.9 0-15.6K 3.0 0-9 14.9 Couples with Children 56.7 Purchaser 47.5 15.6-33.8K 9.6 10-19 15.3 Single Parents 13.7 Renting 21.2 33.8-52K 11.2 20-29 11.0 Other 1.0 Other 1.5 52-78K 15.2 30-39 13.6 Not Stated 2.0 78-130K 26.6 40-49 16.2 130-182K 14.1 50-59 12.1 182K+ 10.9 60-69 8.1 70-79 5.4 80-89 0.62.890-99 The size of Berwick is approximately 33.6 square kilometres. It has 275 parks covering nearly 8.5% 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. Currently the median sales price of houses in the area is $880,000. © Copyright 2022 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Local Schools SCHOOL ADDRESS DISTANCE SCHOOL TYPE GENDER SECTOR YEARS Insight Education Centre for the Blind and Vision Impaired 120 Enterprise Avenue BERWICK VIC 3806 0.57km Special Non-Government 0-0 Nossal High School 0.6km Secondary Mixed Government 9-12 Berwick Fields Primary School 35 Gwendoline Drive Berwick VIC 3806 0.67km Primary Mixed Government 0-6 St Margaret's School 27-47 Gloucester Avenue Berwick VIC 3806 1.42km Combined Mixed Non-Government 0-12 Berwick Lodge Primary School 139-147 Mansfield Street Berwick VIC 3806 1.49km Primary Mixed Government 0-6 Property is within school catchment area Property is outside school catchment area © Copyright 2022 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Summary 8 SING CRESCENT BERWICK VIC 3806 Appraisal price range $410 - $430 Per Week © Copyright 2022 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
“ I have used a few real estate agencies over the past few years to manage my rental property and OBrien are on another level. Our property manager Rachael has been exceptional, she is proactive, helpful and incredibly passionate about her clients. She has consistently helped us secure tenants quickly and with ease. ”
Chris Straughair
Sean Colson “ Rachel has the experience and the knowledge of the area which makes her a fantastic Property Manager. If you are lucky enough to deal with Rachel from O'Brien Real Estate with any of your Real Estate queries you're sure to know you're in safe hands. ” Jessica Turner Asia
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Pacific (CoreLogic). All rights reserved.
Testimonials
“ Rachael Davidson has done a fantastics job in quickly securing a quality tenant for my property. Rachael looked after everything and nothing has ever been too much trouble. Rachael is efficent and proactive and has kept me fully informed with solutions when any small issues have risen. I highly recommend Rachael a a professional. ”
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The Appraisal Amount contained in the report may have been manually provided by the Agent; or may be based on an automated valuation model estimate provided by CoreLogic ('AVM Estimated Value'). AVM Estimated Values are current at the date of the publication only. It is computer generated and is not a professional appraisal of the subject property and should not be relied upon in lieu of appropriate professional advice. The accuracy of the methodology used to develop the AVM Estimated Value, the existence of the subject property, and the accuracy of the AVM Estimated Value and all rule sets provided are estimates based on available data and are not guaranteed or warranted. CoreLogic excludes all liability for any loss or damage arising in connection with the Appraisal Amount and/or AVM Estimated Value.
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