AREA REPORTS

Casuarina

Suburb Profile

Casuarina - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2487

house
unit

CASUARINA, 2487 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling CASUARINA, 2487 values up and netting property investors a capital gain of 15.46% for the past year.

Investors saw the median home price rise to $1,068,000.

Profits due to an upward trend in home prices in the suburb averaged 9.53% per annum over a 3-year period.

CASUARINA now ranks at the 92nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in CASUARINA are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $837.5 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CASUARINA, homes and units usually stay on listing for an average of 75.5 days.

In 2016, 59 properties were sold in CASUARINA during the past year, making it the 278th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,068,000 $466,000
GROWTH REPORT
Median Quarterly 8.43% -2.71%
Median 12 month 15.46% -5.38%
Median 3 years 28.6% 47.94%
Median 5 years 50.42% 29.26%
10 years average annual 3.03% 2.85%
Weekly media advert. rent $837.5 $475
Time on Market 75.5 days 99.6 days
Gross Rental Yield Percent 4.08% 5.3%
demographics (median values)
Total Population
893
Weekly Household Income
1718
Household Size
3.10
demographics
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