Based on its average 5-year and quarterly capital gains CASINO, 2470 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that CASINO, 2470 obtained a 1.96% growth over a ten-year period. It ranks 1473rd on our list of suburbs that property investors should look into.
CASINO, 2470 in NSW belongs to the local government area of Richmond Valley.
CASINO, 2470 has a capital gain of 11.49% for the past year, which is higher than average compared to its 17.75% growth within a five-year period.
With the median home price in CASINO sitting at $262,000, and the average rent at $300, property owners could potentially earn a 5.95% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CASINO are low, as opposed to average gains per annum over the past five years.
Homeowners and real estate investors betting on CASINO, 2470 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 15.76%.
A steady increase in median property prices over a five-year period in CASINO, 2470 translates to a -10% capital gain.
Property investors enjoyed capital gains of 15.76% over the last 12 months in CASINO, translating to lower returns compared with its peers in NSW.
CASINO, 2470 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 $180,000.
Profits due to an downward trend in home prices in CASINO, 2470 averaged -3.33% per annum over a 3-year period.
Home owners selling their properties and realtors in CASINO usually have to wait an average of 139.6 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $235 mark, reflecting a 6.79% increase in returns based on the current median price in CASINO.
CASINO, 2470 places 397th in Australia based on median property value growth during the quarter.