Industry

We’re Excited To Share The News That Berwick Is Now The Nation’s Most Sought-After Suburb!

August 2023

We’re excited to share the news that Berwick is now the nation’s most sought-after suburb!

By Ellen Blundy | August 2023

Berwick homeowners, you may be pleasantly surprised and very excited to learn that a recent study by Proptrack has revealed that our wonderful leafy suburb is the most sought-after suburb for houses in Australia.

As locals ourselves, we know a thing or two about the area and the appeal it offers to buyers.

Built in the 1800’s, our historical town still maintains much of its history and charm with original parks and buildings to explore. We are lucky to have an array of trendy boutique shops, cafes, and restaurants right on our doorstep. Within easy access to the Freeway and only a 45-minute drive to Melbourne’s CBD, we are seeing many city buyers looking to escape the hustle & bustle for a quieter lifestyle. For parents buying a home, school catchment zones often play a major factor with some of the most elite schooling in Melbourne’s South-East on offer.

Want to know some more of the latest property stats for your suburb?

Let’s take a Peake:

Current median house price: $876,000
+0.7% Change in value over past 6mths
Average of 35 potential buyers per listing
Median days on market: 28
There were a reported 41,860 highly engaged buyers over the 12 months looking to purchase in Berwick!

Peake Director Kristen Turner said “Through the many real estate cycles that we have experienced over the past 20 years, we have always found that during the downturns, Berwick holds its values very well in comparison to our surrounding neighbourhoods. The demand for our elite schools, both public and private, extensive medical facilities, the low crime rate and the close vicinity to the CBD are all factors that contribute to this somewhat “recession-proofed” region of Victoria”.

At Peake, we’re experts in the local market. Whether working with those familiar with the area or newcomers, we are trusted to provide valuable local knowledge and market insights. Our great results have earned our reputation amongst customers for professionalism and integrity.

If you are considering a sale, we are here to make your property journey as smooth and seamless as possible, ensuring your best result with minimum stress.

Get in touch with our friendly team today on 9707 5300. We’d love to help you.