Suburb Profile Report for Casino NSW (2470)

Casino House: Median price $295,000, Annual capital growth 1.67%, Number of sales 199, Weekly median advertised rent $333

Casino Unit: Median price $206,000, Annual capital growth 2.53%, Number of sales 18, Weekly median advertised rent $250

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

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%.

Metrics i HOUSE UNIT
$295,000 $206,000
2.61% 3.00%
-1.67% -14.43%
1.67% 2.53%
$333 $250
199 18
5.86% 6.31%
87.780303030303 106

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. 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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