If you compare the increase in value of investment property in Casino, 2470 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 10.87%.
The five-year average increase in median property values for Casino,2470 has given property investors a potential capital gain of 8.51% across each of those five years.
Our latest figures would indicate that property sellers in Casino are currently offering property investors an average price cut of -6.09% below the asking price at the moment.
With the median price for a house in Casino being $255000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 6.12%
Over the last year, property investments in Casino, 2470 have given investors a capital gain of 19.08%. This compares very favourably with the 8.63% for NSW as a whole.
Comparing Casino,2470 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property buyers and investors in Casino 2470 should be seeing an average reduction in asking price of around -4.24% . This means that Casino is holding prices well when compared to other suburbs in NSW.
Renters in Suburb are facing rents around $2760 per annum or $230 every week.