45 Fairground Promenade, Berwick

Rare 5-Bedroom Family Sanctuary with Exceptional Growth in Berwick, Victoria

Discover the perfect intersection of space, style, and smart investing at 45 Fairground Promenade. This expansive 5-bedroom residence is a rare find in the heart of Berwick, offering a generous 431 m² allotment designed for the modern growing family.

Boasting an incredible 54.6% value increase since late 2023, this property is more than just a home—it is a high-performing asset. With a rental yield of 4.2%, it outperforms the local suburb average, making it a "blue-chip" addition to any portfolio. Families will love the unbeatable location, situated just a short stroll from Grayling Primary and the prestigious Hillcrest Christian College. Set in a neighborhood where 75% of residents are homeowners, you are buying into a community characterized by stability and long-term prestige.

Other Features

Investment Performance: Estimated property value has increased by 54.6% since it last sold in 2023.Monthly Appreciation: Value increased by 4.6% in the last month alone.Rental Potential: Estimated rental income of $770 - $850 per week.High Yield: Estimated rental yield of 4.2%, significantly higher than the Berwick average of 3.5%.Educational Proximity: Located within 2km of Grayling Primary School (0.61km), Hillcrest Christian College (0.91km), and Turrun Primary School (1.85km).Neighborhood Demographics: Highly stable area with 75% homeownership and 81% family households.Local Economy: Strong median household income of $2,113 per week.