B e r w i c k M a r k e t U p d a t e • 2 nd H a l f 2 0 2 5 In 2025^, Berwick* recorded a median house price of $870,000 and a median unit price of $680,000. representing an annual (Q2 2024 – Q2 2025) price growth of 3.2% for houses and 0.7% for units. Comparing Q2 2024 and Q2 2025, total sales (and thus demand) increased by 7.0% for houses (to 244 sales in Q2 2025) and 17.5% for units (to 47 sales in Q2 2025). Most sales were in the premium price bracket of $1,000,000 and above for houses (31.1%) and in the middle price bracket between $600,000 to $699,999 for units (31.7%), benefiting owners who wish to capitalise on their investments. Further, with only a limited pipeline of ready-to-sell stock planned for 2025, supply will remain insufficient to meet the growing demand. This will place more pressure on prices; thus, buyers must act fast.
CHANGE FROM LAST
MEDIAN SALES PRICE Q2 2025
YEAR
HOUSE SALE S HOUSE ME DIAN PRICE
$870K
HOUSE RE NTAL PRICE
$680K
MEDIAN RENTAL PRICE Q2 2025
UNIT SALE S UNIT ME DIAN PRICE
$580
UNIT RENTAL PRICE
$
$550
PRICE BREAKDOWN 2025^ HOUSES SOLD
UNITS SOLD 4.6%
13.5%
Less than $699,999
31.1% 20.2%
26.6%
$500,000 to $599,999
$800,000 to $899,999
$600,000 to $699,999 $700,000 to $799,999
16.5%
$1,000,000 and above
20.7%
31.7%
MARKET COMPARISON
Berwick (3805) House
Less than $499,999
$700,000 to $799,999
$900,000 to $999,999
14.6%
20.6%
City of Casey House
Berwick (3805) Unit
$800,000 and above
City of Casey Unit
$1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 2021
2022
2023
2024
2025#
PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research. © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed. © Copyright PRD 2025.