With a capital gain of -4.44% for the last 12 months, Casuarina, 2487 has performed for property investments than its average annual 2.70% property growth over the last 5 years.
Comparing Casuarina,2487 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Casuarina2487 is located in NSW which offers an average discount of -5.35% to property investors. Casuarina itself is showing figures that indicate -5.23% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Casuarina being $915000 and the advertised rent reaching $805 the gross rental yield for property investors calculates out to be 4.57%
Over the last year, property investments in Casuarina, 2487 have given investors a capital gain of 8.89%. This compares favourably with the 6.96% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Casuarina,2487 has racked up an average of 8.89% over the period. This ranks it number 294th in the whole country for real estate investors looking at median house price increases.
At number 151th 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.
At number 1012 in a list of fastest selling suburbs, Casuarina is in the bottom 40% of suburbs in Australia with an average of days on market 92.71 for properties listed there.