Suburb Profile Report for Casino NSW (2470)

Casino House: Median price $295,000, Annual capital growth 2.44%, Number of sales 189, Weekly median advertised rent $330

Casino Unit: Median price $278,000, Annual capital growth 7.04%, Number of sales 20, Weekly median advertised rent $255

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

With a capital gain of 3.51% for the last 12 months, Casino, 2470 has performed for property investments than its average annual 2.44% property growth over the last 5 years.

Across a shorter period, Casino, 2470 has seen a median price increase of -1.01% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Casino is offering property investors an average of -7.38. This rate of discount on properties puts Suburb at number 696th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 15.75 sales per month, which equates to 189 per year.

A $330 per week rent on the median house gives suburb investors a gross yield of circa 5.82%, without taking into account capital value appreciation, which has been averaging out at 2.44%.

Casino, 2470 ranked 4th in NSW when comparing growth in median property values or capital gain over the last 12 months. Casino is one of 3163 in our list for NSW

Comparing Casino,2470 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Casino is giving property investors an average Vendor Discount of around -4.18%. This puts suburb at number 330th in NSW when ranking the most discounted suburbs.

Residents and property investors in Casino have been waiting around 76.5833 days to sell a property.

Casino, 2470’s gross rental yield is 4.77%

Metrics i HOUSE UNIT
$295,000 $278,000
-1.01% -2.46%
3.51% 34.30%
2.44% 7.04%
$330 $255
189 20
5.82% 4.77%
101.381294964029 76.5833333333333

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 10557
Median household income ($/weekly) 757
Median age of persons 40
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1496 14.2
    35-44 years 1138 10.8
    45-54 years 1263 12.0
    55-64 years 1288 12.2
    65-74 years 1088 10.3
    Others 4285 40.6
    Age Group
    Census Count Percent(%)
    Not Married 3405 45.3
    Registered Married 3328 44.3
    Defacto Relationship 783 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 9406 95.3
    Papua New Guinea 55 0.6
    Philippines 43 0.4
    United Kingdom 168 1.7
    Other 50 0.5
    Others 150 1.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 0.3
    Christianity 8039 83.0
    Hinduism 6 0.1
    Other Religious Groups 26 0.3
    No Religion 1570 16.2
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 511 13.6
    $400-$599 670 17.9
    $600-$799 522 13.9
    $800-$999 445 11.9
    $1,500-$1,999 358 9.6
    Others 1239 33.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3818 49.0
    Employed, worked full-time 2165 27.8
    Employed, worked part-time 1195 15.3
    Unemployed, looking for work 357 4.6
    Employed, away from work 254 3.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 458 12.7
    Community & personal service workers 429 11.9
    Clerical & administrative workers 449 12.4
    Sales 379 10.5
    Labourers 848 23.5
    Others 1050 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 164 7.4
    Infants/Primary 912 41.3
    Secondary 686 31.0
    Technical or Further Educational Institution 247 11.2
    University or other Tertiary Institutions 153 6.9
    Others 48 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8730 88.4
    Flat, unit or apartment 635 6.4
    Semi-detached, row or terrace house, townhouse 382 3.9
    Caravan, cabin, houseboat 73 0.7
    House or flat attached to a shop, office 51 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1501 37.4
    Rented 1379 34.4
    Being purchased 1088 27.1
    Other tenure type 42 1.0
    Tenure Type
Census 2011, ABS
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