Property investors who have had real estate in Casuarina, 2487 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.65%
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 -5.13% to buyers in Casuarina at the moment, which is less than average for the rest of NSW.
Residents and property investors in Casuarina have been waiting around 101.93 days to sell a property.
Situated 657.24km from the CBD, Casuarina is one of Tweed localities in the postcode 2487.
With a capital gain of 9.87% for the last 12 months, Casuarina, 2487 has performed for property investments than its average annual 2.67% property growth over the last 5 years.
The five-year average increase in median property values for Casuarina,2487 has given property investors a potential capital gain of 36.11% across each of those five years.
At number 144th of NSW’s most discounted properties, Casuarina is in the bottom 40% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 6.17 sales per month, which equates to 74 per year.
Casuarina, 2487’s gross rental yield is 4.78%