Suburb Profile Report for Casuarina NSW (2487)

Casuarina House: Median price $912,000, Annual capital growth 3.12%, Number of sales 49, Weekly median advertised rent $750

Casuarina Unit: Median price $475,000, Annual capital growth 3.49%, Number of sales 72, 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 bottom 20% in NSW when comparing median price capital growth over the last year. Casuarina gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.08%.

While Casuarina,2487 ranked number 1303th in NSW for increase in median house value (annualised) increase, it is ranked 803th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Casuarina is offering property investors an average of -5.45. This rate of discount on properties puts Suburb at number 430th in terms of most discounted suburbs in NSW

The NSW suburb of Casuarina, 2487 is in the Tweed local government area.

Casuarina is an average performer in NSW when comparing median price capital growth over the last year. Casuarina gave property investors a average capital gain figure when compared to the rest of the state, with 5.56%.

Over the longer term, Casuarina has seen property prices show investors a 33.52% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Casuarina 2487 should be seeing an average reduction in asking price of around -4.87% . This means that Casuarina is holding prices well when compared to other suburbs in NSW.

Property investors should expect to get $450 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$912,000 $475,000
-3.75% 5.09%
-1.08% 5.56%
3.12% 3.49%
$750 $450
49 72
4.28% 4.93%
113.22 92.37

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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