Rental Insights
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Source: stashproperty.com.au
Development Stats
2024
334
1.5
About the Property
Escape into the Epitome of Opulence: Unveiling Your Ultimate Luxury Retreat!
148 NOTTINGHILL ROAD, BERALA
Nestled in a prime location, just across from the coveted Carnavon Golf Course, lies a majestic five-bedroom residence, poised on the high side of the street, offering unparalleled views and unmatched grandeur. This home sets a whole new standard for luxury living.
As you walk through the home you are embraced with the sun-drenched ambiance of the living room, where warmth and tranquility merge seamlessly through to the outdoor alfresco, providing the perfect retreat for relaxation or entertainment.
Indulge in the epitome of comfort and sophistication with five luxurious bathrooms meticulously crafted to exceed your every expectation. The master bedroom offers a walk-in robe, en-suite with double shower head and a large functional balcony overlooking the Golf course.
Prepare to Be Enchanted by a Kitchen that Rivals the finest culinary sanctuaries. Equipped with State-of-the-Art Smeg appliances, premium finishes, and Ample Space, it’s a culinary haven where every meal becomes an Epicurean delight.
Entertain in style as the dining room overlooks a mesmerizing in-ground plunge pool, inviting you to immerse yourself in a world of serenity and luxury. Whether hosting intimate gatherings or lavish soirées, this space sets the stage for unforgettable moments.
Experience ultimate comfort with ducted air-conditioning ensuring year-round climate control. Rest easy knowing your home is protected by a comprehensive security system, including an alarm and surveillance cameras.
Effortessly manage household tasks with an internal laundry featuring ample storage and a convenient laundry chute, adding convenience and practicality to your daily routine.
Live the life you deserve.
From the realestate.com.au listing
Source: stashproperty.com.au
About the Suburb
Berala, NSW 2141, is a diverse suburb with a population of 8,757 residents. The median household income is $1,552 per week. The suburb has a mix of age groups, with a significant number of residents aged between 20 to 44 years. The top three occupations in the area are professionals, managers, and clerical and administrative workers. Commuting patterns show a preference for motor vehicles, while a notable portion of residents work from home. Berala has a low vacancy rate and high demand for rental rooms, indicating a strong rental market. The educational advantage level of students in government schools is at the 30th percentile.
Berala presents opportunities for both homebuyers and property investors. The suburb has shown promising growth with a median growth rate of 20.3% for units and 27.3% for houses. The market absorption rate is high for both houses and units, suggesting strong demand that may lead to price appreciation. Investors may find renovators in the area, especially for units given the high saleprice Iqr Ratio of 72.7%. With a room demand-supply ratio of 164.0%, there is a market for renting out rooms. The suburb also features a good online search interest, indicating buyer demand.
Berala, NSW 2141, is a vibrant suburb with a mix of age groups and a high level of educational advantage for students. It offers a strong rental market, investment potential with good growth rates, and opportunities for property development and renovations. Homebuyers seeking a diverse community with good amenities and transport links may find Berala appealing, while investors looking for growth and rental yield may consider this suburb a promising investment destination.
Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Median
Vacancy Rate
