If you compare the increase in value of investment property in Casino, 2470 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -1.67%.
Casino,2470 has offered an average of -1.67% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Casino are currently offering property investors an average price cut of -5.07% below the asking price at the moment.
Property investors should expect to get $332.5 weekly from the median priced house in this suburb.
Property investors who have had real estate in Casino, 2470 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -14.43%
A 5.64% growth in median value for property investors in Casino,2470 puts this suburb at number 135th in terms of best performing suburbs in NSW
Property buyers and investors in Casino 2470 should be seeing an average reduction in asking price of around -4.60% . This means that Casino is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Casino the average time real estate has been on the market is 106 days.
A $250 per week rent on the median house gives suburb investors a gross yield of circa 6.31%, without taking into account capital value appreciation, which has been averaging out at 2.53%.