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Casey

Suburb Profile

Casey - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2913

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unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $675,000.

The upward trend in home prices in CASEY, 2913 averaged 3.86% per annum over a 3-year period.

Average weekly rents on listings have reached the $580 mark, reflecting a 4.47% increase in returns based on the current median price in CASEY.

An average of 9.67 real estate transactions take place per month in CASEY which translates to 116 per annum.

116 properties were sold in CASEY in 2016, making it the 87th most active market in ACT based on total real estate transactions.

CASEY, 2913 places 18th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $675,000 $430,000
GROWTH REPORT
Median Quarterly 2.27% -6.52%
Median 12 month 6.12% 0.35%
Median 3 years 11.57% 2.38%
Median 5 years 62.95% -3.8%
10 years average annual 11.01% 2.89%
Weekly media advert. rent $580 $450
Time on Market 73.0 days 90.8 days
Gross Rental Yield Percent 4.47% 5.44%
demographics (median values)
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