Suburb Profile Report for Casino NSW (2470)

Casino House: Median price $232,500, Annual capital growth 1.71%, Number of sales 192, Weekly median advertised rent $290

Casino Unit: Median price $159,000, Annual capital growth 1.82%, Number of sales 23, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2263th in the list of Australian suburbs ordered by increase in median house value over the last year, Casino, 2470 is in the BOTTOM 50% with a property value increase of 3.10% recorded in median house prices.

While Casino,2470 ranked number 772th in NSW for increase in median house value (annualised) increase, it is ranked 1208th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Casino, 2470. Typically our figures indicate that -7.53% is being offered, which puts this NSW suburb at 985th most discounted overall in Australia.

Using the current median advertised rental of $290 and the average annual increase in value of a median property of 1.71%, investors should hope to achieve an overall return of 6.49%

If you compare the increase in value of investment property in Casino, 2470 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -14.29%.

A -40.00% growth in median value for property investors in Casino,2470 puts this suburb at number 109th in terms of best performing suburbs in NSW

Property investors looking for a bargain in Casino should be aiming for at least -7.67% off the asking price, which is the average vendor discount being achieved at the moment.

The NSW suburb of Casino, 2470 is in the Richmond Valley local government area.

HOUSE UNIT
$232,500 $159,000
1.09% 4.61%
3.10% -14.29%
1.71% 1.82%
$290 $260
192 23
6.49% 8.50%
127.23 205.4

Source: CoreLogic

DSR Score for property investment : Above average (H), Below average (U)
Find a mortgage broker in Casino NSW
Demographics
Total population 10557
Median household income ($/weekly) 757
Median age of persons 40
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1496 14.2
    35-44 years 1138 10.8
    45-54 years 1263 12.0
    55-64 years 1288 12.2
    65-74 years 1088 10.3
    Others 4285 40.6
    Age Group
    Census Count Percent(%)
    Not Married 3405 45.3
    Registered Married 3328 44.3
    Defacto Relationship 783 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 9406 95.3
    Papua New Guinea 55 0.6
    Philippines 43 0.4
    United Kingdom 168 1.7
    Other 50 0.5
    Others 150 1.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 0.3
    Christianity 8039 83.0
    Hinduism 6 0.1
    Other Religious Groups 26 0.3
    No Religion 1570 16.2
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 511 13.6
    $400-$599 670 17.9
    $600-$799 522 13.9
    $800-$999 445 11.9
    $1,500-$1,999 358 9.6
    Others 1239 33.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3818 49.0
    Employed, worked full-time 2165 27.8
    Employed, worked part-time 1195 15.3
    Unemployed, looking for work 357 4.6
    Employed, away from work 254 3.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 458 12.7
    Community & personal service workers 429 11.9
    Clerical & administrative workers 449 12.4
    Sales 379 10.5
    Labourers 848 23.5
    Others 1050 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 164 7.4
    Infants/Primary 912 41.3
    Secondary 686 31.0
    Technical or Further Educational Institution 247 11.2
    University or other Tertiary Institutions 153 6.9
    Others 48 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8730 88.4
    Flat, unit or apartment 635 6.4
    Semi-detached, row or terrace house, townhouse 382 3.9
    Caravan, cabin, houseboat 73 0.7
    House or flat attached to a shop, office 51 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1501 37.4
    Rented 1379 34.4
    Being purchased 1088 27.1
    Other tenure type 42 1.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals