Suburb Profile Report for Casuarina NSW (2487)

Casuarina House: Median price $987,500, Annual capital growth 3.77%, Number of sales 52, Weekly median advertised rent $750

Casuarina Unit: Median price $450,963, Annual capital growth 1.21%, Number of sales 76, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report

Casuarina is in the TOP 20% in NSW when comparing median price capital growth over the last year. Casuarina gave property investors a very good capital gain figure when compared to the rest of the state, with 14.83%.

Casuarina,2487 was ranked 204 in Australia by increase in median property value over the quarter.

Casuarina2487 is located in NSW which offers an average discount of -5.49% to property investors. Casuarina itself is showing figures that indicate -6.48% is the average achievable by property buyers investing in the suburb.

At number 2845 in a list of fastest selling suburbs, Casuarina is in the bottom 30% of suburbs in Australia with an average of days on market 107.31 for properties listed there.

Advertised rents are around the $750 mark per week – giving a return of 3.95% based on the median price in Suburb

Investment property in Casuarina has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.21%

Comparing Casuarina,2487 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -4.97% to buyers in Casuarina at the moment, which is less than average for the rest of NSW.

On average over the past year, suburb has had 6.33 sales per month, which equates to 76 per year.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 1.21%, investors should hope to achieve an overall return of 5.19%

Metrics i HOUSE UNIT
$987,500 $450,963
9.48% 0.66%
14.83% 0.21%
3.77% 1.21%
$750 $450
52 76
3.95% 5.19%
107.31 86.46

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 1661
Median household income ($/weekly) 1456
Median age of persons 35
Median housing loan repayment ($/monthly) 2500
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 343 20.7
    25-34 years 172 10.4
    35-44 years 333 20.0
    45-54 years 270 16.3
    55-64 years 156 9.4
    Others 387 23.3
    Age Group
    Census Count Percent(%)
    Registered Married 607 55.7
    Not Married 356 32.7
    Defacto Relationship 127 11.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1340 83.7
    Papua New Guinea 64 4.0
    United Kingdom 81 5.1
    United States of America 21 1.3
    Other 33 2.1
    Others 62 3.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 18 1.2
    Christianity 1044 67.7
    Hinduism 9 0.6
    Other Religious Groups 9 0.6
    No Religion 458 29.7
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 48 9.6
    $800-$999 56 11.2
    $1,500-$1,999 83 16.6
    $2,000-$2,499 49 9.8
    $2,500-$2,999 52 10.4
    Others 211 42.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 460 39.8
    Not in the labour force 300 26.0
    Employed, worked part-time 298 25.8
    Employed, away from work 49 4.2
    Unemployed, looking for work 49 4.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 135 16.7
    Professionals 201 24.9
    Technicians & trades workers 109 13.5
    Community & personal service workers 95 11.8
    Clerical & administrative workers 107 13.2
    Others 161 19.9
    Occupation
    Census Count Percent(%)
    Pre-school 35 6.7
    Infants/Primary 242 46.5
    Secondary 135 26.0
    Technical or Further Educational Institution 34 6.5
    University or other Tertiary Institutions 57 11.0
    Others 17 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1028 65.6
    Semi-detached, row or terrace house, townhouse 272 17.3
    Flat, unit or apartment 268 17.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 263 46.9
    Being purchased 207 36.9
    Fully owned 91 16.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals