Thinking about buying in Berowra Creek? Now could not be a better time, with just 272 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,700,000 with prices in this suburb ranging from $720,000 to $2,217,000.
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Consistent high demand relative to supply is a key feature in Berowra Creek driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Berowra Creek 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 Berowra Creek 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 Berowra Creek 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.
None within suburb boundary
(While the above schools are located with the suburb of Berowra Creek there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
source: Australian Government Bureau of Meteorology
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