Suburb Profile Report for Casino NSW (2470)

Casino House: Median price $232,000, Annual capital growth 2.00%, Number of sales 195, Weekly median advertised rent $290

Casino Unit: Median price $155,500, Annual capital growth 2.50%, Number of sales 22, Weekly median advertised rent $228

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Casino has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.27%

A -7.20% growth in median value for property investors in Casino,2470 puts this suburb at number 337th in terms of best performing suburbs in NSW

Vendor discounting in Casino is giving property investors an average Vendor Discount of around -7.60%. This puts suburb at number 180th in NSW when ranking the most discounted suburbs.

On average over the past year, suburb has had 16.25 sales per month, which equates to 195 per year.

Advertised rents are around the $290 mark per week – giving a return of 6.50% based on the median price in Suburb

Property investors who have had real estate in Casino, 2470 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -23.21%

When looking at the potential capital gains offered to property investors over the last 3 years, Casino comes in at number 542th in NSW.

Our latest figures would indicate that property sellers in Casino are currently offering property investors an average price cut of -7.58% below the asking price at the moment.

At number 1475 in a list of fastest selling suburbs, Casino is in the bottom 10% of suburbs in Australia with an average of days on market 184.2 for properties listed there.

Using the current median advertised rental of $227.5 and the average annual increase in value of a median property of 2.50%, investors should hope to achieve an overall return of 7.61%

HOUSE UNIT
$232,000 $155,500
3.11% -2.20%
4.27% -23.21%
2.00% 2.50%
$290 $228
195 22
6.50% 7.61%
121.33 184.2

Source: CoreLogic

DSR Score for property investment : Below average (U), Above average (H)
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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
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Recent sales & rentals