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%