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Casula
AREA REPORTS

Casula

Casula - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2170

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 stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $865,000.

The upward trend in home prices in CASULA, 2170 averaged 2.26% per annum over a 3-year period.

Average weekly rents on listings have reached the $500 mark, reflecting a 3.01% increase in returns based on the current median price in CASULA.

An average of 13.33 real estate transactions take place per month in CASULA which translates to 160 per annum.

160 properties were sold in CASULA in 2016, making it the 1110th most active market in NSW based on total real estate transactions.

CASULA, 2170 places 503rd in Australia based on median property value growth during the quarter.

Data report can be found below

Casula
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $865,000 $610,000
GROWTH REPORT
Median Quarterly 6.79% 4.63%
Median 12 month 11.9% 1.67%
Median 3 years 6.79% 0%
Median 5 years 16.89% 10.55%
10 years average annual 7.05% 6.05%
Weekly media advert. rent $500 $490
Time on Market 51.9 days 41.8 days
Gross Rental Yield Percent 3.01% 4.18%
demographics (median values)*
Total Population
105451
Weekly Household Income
1378
Household Size
3.10
Age
34
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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