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New Berrima was established in the late 1920s specifically as a company town to support the Southern Portland Cement Limited works and the nearby Medway Colliery. Unlike its historic neighbor Berrima, it was designed with a functional, grid-like layout to provide housing for the industrial workforce. The village has remained closely tied to the fortunes of the cement plant, which is now operated by Boral.
Today, it is a quiet, tight-knit residential enclave characterized by modest post-war cottages and newer brick homes, popular with young families and tradespeople seeking Southern Highlands entry points.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
New Berrima serves as the 'engine room' of the Southern Highlands. While often overlooked for its industrial backdrop, it provides the essential affordable housing stock that supports the region's workforce, making it a strategic play for capital growth as the surrounding area gentrifies.
$750k – $950k
N/A (Limited stock)
12-month movement
Current asking rents
Prices have stabilized after the post-COVID surge, now moving in line with regional infrastructure investment rather than purely speculative demand.
Price comparison
Median price ÷ median income
Estimated rental yield
Highly affordable for the Southern Highlands, though rising interest rates and insurance costs are beginning to impact entry-level buyers.
Lower = tighter market
Avg time on market
Annual rental increase
Local industrial workers, young families, and contractors associated with the Innovation Park.
Strong. The lack of new supply and the expansion of the Southern Highlands Innovation Park ensure a steady stream of high-quality tenants.
Positive. As the Innovation Park matures, New Berrima is expected to transition from a 'worker's village' to a more diverse residential hub, likely seeing continued outperformance of regional NSW averages.
vs last 12 months
Relative comparison
The main safety concern is heavy vehicle traffic on Taylor Avenue; check for pedestrian safety if buying near the main thoroughfare.
The primary risks are environmental and industrial, centered on the Boral Cement Works and the surrounding bushland.
Low overall, but specific issues identified in Howard Street during high-intensity rainfall events.
High. The 2025 RFS map includes Category 3 (grassland) risks for the village perimeter.
Expect higher premiums for properties on the village edge due to the 2025 bushfire mapping updates.
Bushfire Prone Land, Regional Innovation Park Buffer
Infill development of remaining vacant lots (approx. 32 potential dwellings).
Zoning is tightly controlled to maintain the village character and the industrial buffer for the Innovation Park.
Poor; car dependency is mandatory for almost all daily tasks.
Low; limited to a small park and basic local services.
Good; New Berrima Park provides a central community space.
Moderate; Berrima Public is excellent but requires a short drive/bus.
Low; requires travel to Moss Vale or Bowral (10-15 mins).
A stable, blue-collar community with a high proportion of families and long-term residents.
The high owner-occupancy rate contributes to the strong sense of community and well-maintained properties.
The Southern Highlands Innovation Park (SHIP) is the defining project for the area's future.
Residents value the quiet, safe, and friendly nature of the village, though many express frustration with industrial dust and the lack of local shops.
It's the kind of place where everyone knows your name and looks out for your kids. The dust can be a pain, but the peace is worth it.
We could never have afforded a house in Bowral, but here we have a big yard and a great primary school just down the road.
I've never had a vacancy longer than a week. The workers from the plant are reliable tenants and the returns are excellent.
Position the property as the 'Smart Highlands Entry'—focusing on the future growth of the Innovation Park and the unbeatable value for money compared to Moss Vale.
High-yield, low-vacancy play with long-term capital growth potential from regional industrial expansion.
Environmental stigma and potential for stricter industrial regulations impacting local employment.
Affordable rent for a safe, family-friendly area.
Lack of public transport means a car is essential.
Ensure smoke alarms and bushfire safety measures are up to date as per 2025 regulations.
The 'Innovation Hub' of the Highlands; Affordable Family Living; Investor's Yield Haven.
Young families, tradespeople, and yield-focused regional investors.
This report is for informational purposes only and does not constitute financial or legal advice. Data is based on the latest available government and market sources as of March 2026. Buyers should conduct their own independent due diligence.
Now
Before
Spacious, Light-Filled, Contemporary Family Home!
Village Charm - Cottage, fruit Trees, shed & space to grow
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