Suburb Profile Report for Casula NSW (2170)

Casula House: Median price $740,000, Annual capital growth 6.47%, Number of sales 181, Weekly median advertised rent $500

Casula Unit: Median price $548,475, Annual capital growth 6.06%, Number of sales 37, Weekly median advertised rent $450

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property value increases in Casula have tracked just lower than the NSW average of 6.38% over the last 12 months.

Casula,2170 has offered an average of 3.14% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Casula is offering property investors an average of -5.50. This rate of discount on properties puts Suburb at number 561th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 15.08 sales per month, which equates to 181 per year.

With the median price for a house in Casula being $740000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.51%

NSW has seen average median house prices change by 5.59% which means that Casula, 2170 has done well for property investors by showing a capital gain of 4.47% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Casula comes in at number 164th in NSW.

Property investors looking for a bargain in Casula should be aiming for at least -4.69% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 30.13km from the CBD, Casula is one of Liverpool localities in the postcode 2170.

YIP MAG Information supplied by:

YIP MAG
April 2015

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Immediately south of Liverpool, Casula isĀ beginning to catch the eye of investorsĀ and tenantsFull summary Immediately south of Liverpool, Casula is beginning to catch the eye of investors and tenants.

Sales agent Glen Craigie of McGrath Estate Agents cites the affordability of its properties as one attractive feature.

“Its location and being so close to main arterial roads make the suburb ultra-convenient,” he adds.

“The most common renters have grown up within the Liverpool region and find convenience the key in staying within the area.”

Casula has ample retail and transport amenities to support its residents.

The suburb is also accessible via reliable public transport, with its own designated train station and good proximity to M5 and M7 motorways.

Casula homes are highly sought after, and prices rise as the supply struggles to meet demand.

The best buys, according to Craigie, are the more affordable semi-detached housing.

“Investors are attracted to townhouses, villas and duplexes due to the low maintenance for an incoming tenant,” Craigie explains.

First home buyers prefer singlelevel dwellings on large plots of land. Meanwhile, growing families opt for more sizable properties.Close
HOUSE UNIT
$740,000 $548,475
-0.50% 4.47%
3.14% 4.47%
6.47% 6.06%
$500 $450
181 37
3.51% 4.27%
69.42 46.06

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Casula NSW
Demographics
Total population 14696
Median household income ($/weekly) 1366
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 2173 14.8
    25-34 years 2065 14.1
    35-44 years 2202 15.0
    45-54 years 1936 13.2
    55-64 years 1520 10.3
    Others 4800 32.7
    Age Group
    Census Count Percent(%)
    Registered Married 5684 54.4
    Not Married 4281 41.0
    Defacto Relationship 479 4.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 7752 56.9
    Former Yugoslav Republic of Macedonia 552 4.1
    Indonesia 357 2.6
    Malaysia 339 2.5
    Other 1304 9.6
    Others 3309 24.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 436 3.2
    Christianity 9080 67.3
    Hinduism 769 5.7
    Islam 1932 14.3
    No Religion 976 7.2
    Others 299 2.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 344 8.8
    $1,000-$1,249 354 9.0
    $1,250-$1,499 352 9.0
    $1,500-$1,999 588 15.0
    $2,000-$2,499 448 11.4
    Others 1841 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4205 40.1
    Not in the labour force 3925 37.4
    Employed, worked part-time 1516 14.5
    Unemployed, looking for work 460 4.4
    Employed, away from work 384 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 639 10.5
    Professionals 1084 17.8
    Technicians & trades workers 871 14.3
    Clerical & administrative workers 1116 18.3
    Labourers 581 9.5
    Others 1813 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 269 7.3
    Infants/Primary 1324 35.7
    Secondary 1107 29.8
    Technical or Further Educational Institution 315 8.5
    University or other Tertiary Institutions 579 15.6
    Others 115 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10634 77.2
    Semi-detached, row or terrace house, townhouse 2639 19.2
    Flat, unit or apartment 493 3.6
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1864 44.4
    Fully owned 1171 27.9
    Rented 1148 27.3
    Other tenure type 15 0.4
    Tenure Type
Census 2011, ABS
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