Located in Victoria within the Casey local government area, Berwick is one of the state’s more populous suburbs (postcode 3806). With a population of 50,298, the suburb has an established demographic with a median age of 38. Households earn a median income of $110K per year, with an average household size of 2.9 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.7% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Median house prices in Berwick stand at $870,000, having increased by 2.4% over the last twelve months. Units have a median price of $704,000 (+6.7% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,000.
Berwick is served by 12 schools, including 7 primary, 3 secondary, 2 combined. The average ICSEA score is 1075, which is above the national average of 1,000. Public transport access includes 11 rail stations, 212 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Casey LGA is moderate at 7,323 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.6% (moderate yield). Property prices are near the state median ($870K/$850K). The price-to-income ratio of 7.9x is considered moderate. House prices have moved +2.4% year-on-year. Population growth of +2.7% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.