Property investors who have had real estate in Casey, 2913 should be ok with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.10%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Casey has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Casey, 2913. Typically our figures indicate that -3.80% is being offered, which puts this ACT suburb at 2929th most discounted overall in Australia.
At number 637th in the list of Australian suburbs ordered by increase in median house value over the last year, Casey, 2913 is in the top half with a property value increase of -0.35% recorded in median house prices.
Comparing Casey,2913 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
In the last year 34 properties changed hands in Casey, which puts it as the 23th most active market in ACT when comparing the number of sales per suburb.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 5.46%, without taking into account capital value appreciation, which has been averaging out at 3.15%.