Suburb Profile Report for Casino NSW (2470)

Casino House: Median price $255,000, Annual capital growth 2.19%, Number of sales 230, Weekly median advertised rent $300

Casino Unit: Median price $181,000, Annual capital growth 4.32%, Number of sales 23, Weekly median advertised rent $230

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$255,000 $181,000
6.25% 16.77%
10.87% 19.08%
2.19% 4.32%
$300 $230
230 23
6.12% 6.61%
104.84 149.7

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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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