Casey

Casey, ACT 2913, is a growing suburb with a diverse age demographic and a strong representation of professionals, managers, and clerical workers. The weekly household income is above average, and the commute to work mainly involves motor vehicles and working from home. The suburb offers a mix of housing options and has a low percentage of social housing. For houses, Casey presents an opportunity for investors interested in renovations due to a high sale price IQR ratio. The market absorption rate indicates high demand, with moderate rental yields. For units, the suburb has shown strong median growth, low vacancy rates, and a good yield percentage. Both property types have positive growth rates over the past 10 years. Casey, ACT 2913, is a suburb with promising investment potential for both houses and units. Homeowners benefit from a well-connected location, while investors can capitalize on the growth trends and demand for rental properties in the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022