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%