With a capital gain of 2.13% for the last 12 months, Casino, 2470 has performed for property investments than its average annual 1.57% property growth over the last 5 years.
Over the longer term, Casino has seen property prices show investors a 4.35% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Casino 2470 should be seeing an average reduction in asking price of around -6.83% . This means that Casino is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Casino being $240000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 6.28%
Over the last year, property investments in Casino, 2470 have given investors a capital gain of -3.13%. This compares very badly with the 6.96% for NSW as a whole.
If we look at median property appreciation over just the last three months, Casino has given property investors a paper return of 0.98%. This puts Suburb as 341 on a list of fastest fasting appreciating suburbs in NSW
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.23% offered to property buyers. Sellers in Casino itself are offering an average vendor discount of -4.83% to real estate investors.
In the last year 25 properties changed hands in Casino, which puts it as the 416th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Casino being $155000 and the advertised rent reaching $230 the gross rental yield for property investors calculates out to be 7.72%