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Casey
AREA REPORTS

Casey

Casey - SUBURB PROFILE REPORT
POSTAL CODE: ACT, 2913

house
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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $660,500.

The upward trend in home prices in CASEY, 2913 averaged 1.19% per annum over a 3-year period.

Average weekly rents on listings have reached the $560 mark, reflecting a 4.41% increase in returns based on the current median price in CASEY.

An average of 9.92 real estate transactions take place per month in CASEY which translates to 119 per annum.

119 properties were sold in CASEY in 2016, making it the 85th most active market in ACT based on total real estate transactions.

CASEY, 2913 places 88th in Australia based on median property value growth during the quarter.

Data report can be found below

Casey
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $660,500 $515,000
GROWTH REPORT
Median Quarterly -2.87% 5.97%
Median 12 month -0.68% 11.96%
Median 3 years 3.57% 22.99%
Median 5 years 27.02% 18.12%
10 years average annual 10.93% 3.44%
Weekly media advert. rent $560 $480
Time on Market 51.0 days 72.4 days
Gross Rental Yield Percent 4.41% 4.85%
demographics (median values)*
Total Population
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Weekly Household Income
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Household Size
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Age
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Monthly Loan Repayment
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* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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