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Casey suburb profile

Casey is a modern and rapidly growing suburb located in the Gungahlin district of Canberra, ACT. Known for its family-friendly environment, Casey offers a range of amenities including parks, schools, and shopping centres, making it an attractive choice for families and professionals. The suburb features a mix of contemporary homes and townhouses, providing diverse housing options. Casey's strategic location offers easy access to the Gungahlin Town Centre and major transport routes, enhancing its appeal for commuters. With its community-focused atmosphere and expanding infrastructure, Casey continues to be a sought-after destination for residents seeking a balanced lifestyle.

Casey property market performance

Current median dwelling price$4,303,125Past 3 months

Property growth-2.2%Past 12 months

Casey’s property market has remained stable over the past 12 months, with no change in the median house value, which currently stands at $785,000. The unit market appears inactive, with no recorded median price or change in value. Over the past year, 51 houses were sold, while only 2 units changed hands, indicating a stronger focus on houses in the area.

Houses in Casey are selling at a moderate pace, with a median of 40 days on the market over the last three months. The unit market shows no activity, suggesting limited demand or availability.

The rental market for houses in Casey has seen a slight increase, with average rent rising by 1.5% to $660 over the past 12 months. The unit rental market remains inactive, with no change in rent prices.

HousesUnits
Median price
Past 3 months
$806KN/A
Change in value
Past 12 months
-7.2%N/A
Sold
Past 3 months
461
Median days on market
Past 12 months
35N/A
Average rent
Past 12 months
$670N/A
Change in rent
Past 12 months
3.1%N/A

5 year median price trend for houses and units

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Casey demographics

Casey, located in the northern suburbs of Canberra, is a family-friendly area known for its modern amenities and community-oriented lifestyle. With a population of 6,471 and a median age of 32, Casey is a youthful suburb that attracts young families and professionals. The suburb's high median household income of $2,680 per week reflects its prosperous community, with many residents enjoying the benefits of stable employment and a comfortable standard of living.

The family-centric nature of Casey is evident, with 58.6% of households being couple families with children, and 27.7% being couple families without children. This demographic composition highlights the suburb's appeal to families seeking a supportive environment with access to quality schools, parks, and recreational facilities. Additionally, 13% of households are one-parent families, indicating a diverse family structure within the community.

In terms of property ownership, Casey has a significant proportion of homes owned with a mortgage, accounting for 58.5% of the suburb's dwellings. This suggests a strong presence of young homeowners investing in their future. Meanwhile, 11.7% of properties are owned outright, and 29.8% are rented, offering a range of housing options for both buyers and renters. The suburb's modern infrastructure, coupled with its proximity to Canberra's city center, makes Casey an attractive choice for those seeking a balanced lifestyle with the convenience of urban living.

Casey infrastructure, key developments and investment opportunities

Casey continues to benefit from its proximity to the growing Gungahlin Town Centre, with residents having convenient access to expanding retail, dining, and employment options that support long-term housing demand in the area.[7] The suburb’s relatively modern housing stock and established local shopping precincts contribute to a family-friendly environment, which is reinforced by access to nearby schools such as Gold Creek School, Ngunnawal Primary School and Margaret Hendry School, all within a short drive.[3]

Transport connections via arterial roads into Gungahlin and the broader Canberra region underpin strong accessibility for commuters, while nearby open spaces and parks enhance overall livability.[7] There are no widely publicised, large-scale new infrastructure or school redevelopments specific to Casey at this time, so current property dynamics are primarily driven by its established amenities, school catchments, and its strategic location within the broader Gungahlin growth corridor.[3][7]

Casey rental market trends

The rental market in Casey has experienced modest growth, with house rents increasing by 1.5% over the past year to $660 per week. However, there has been no change in unit rents, which remain at $0, indicating a potential lack of available units for rent. As a developing suburb, Casey offers opportunities for growth and investment in the housing sector.

Suburbs near Casey

Some popular suburbs near Casey include:

How does Casey compare to nearby suburbs?

  • Median house prices: Casey’s median house price is 2.4% higher than Moncrieff’s.
  • Median unit prices: Casey’s median unit price is 1280.8% higher than Taylor’s.
  • House price growth: Over the past 12 months, house prices in Casey have grown 1.0% higher than in Taylor.
  • Unit price growth: Over the past 12 months, unit prices in Casey have grown 1.9% higher than in Moncrieff.
  • Selling speed for houses: Properties in Casey are selling 30.0% faster than in Nicholls.
  • House price growth: Over the past 12 months, house prices in Casey have grown 21.1% lower than the average rate of growth across Canberra.
  • Unit price growth:Over the past 12 months, unit prices in Casey have grown 15.8% lower than the average rate of growth for units across Canberra.

Common questions about Casey

  • Is Casey a nice place to live?

    Casey is a delightful suburb that offers a harmonious blend of modern living and community spirit, making it a wonderful place to call home. Its peaceful atmosphere and family-friendly vibe are complemented by a range of amenities that cater to both families and professionals. With its charming parks and green spaces, Casey provides ample opportunities for outdoor activities and relaxation, making it an ideal setting for families to thrive. The suburb's proximity to the Gungahlin Town Centre ensures residents have easy access to shopping, dining, and entertainment options, enhancing the overall livability of the area.

    Safety is a notable feature of Casey, contributing to its appeal as a secure and welcoming environment for families. The suburb's community-oriented culture is evident in its local events and gatherings, fostering a strong sense of belonging among residents. While Casey offers a serene lifestyle, it does come with a few trade-offs. The rapid growth and popularity of the suburb mean that property prices can be competitive, and the demand for housing is high. Additionally, while the suburb is well-connected to major transport routes, peak-hour traffic can be a consideration for commuters.

    For families, Casey is a particularly attractive option, with access to quality schools and childcare facilities, ensuring that educational needs are well catered for. The suburb's modern housing options provide a variety of choices for those looking to settle down, whether in contemporary homes or townhouses. While Casey may not have the bustling nightlife of inner-city areas, its focus on community and family life makes it a charming and supportive environment for raising children. Overall, Casey offers a balanced lifestyle with the convenience of urban living, making it a lovely place to reside for those seeking a peaceful yet connected community.

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  • Is it expensive to live in Casey?

    Living in Casey can be quite expensive, especially when you consider its proximity to Canberra. The median house price in Casey is currently $785,000. This is a significant investment, particularly when there are no units available, which might have offered a more affordable option for buyers. If you're looking to rent, the average rent for houses is around $660 per week, which is a substantial amount to budget for.

    When you compare this to the average wage in the ACT, which is about $95,000 per year, the cost of living in Casey can take up a large portion of one's income. The median total household income weekly in Casey is $2,680, which suggests that many residents might have dual incomes to comfortably afford the housing costs. While Casey offers the benefits of being close to Canberra, it's important to carefully evaluate your financial situation to determine if living in this suburb aligns with your budget.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Casey a good place to invest?

    Casey presents a stable investment opportunity, particularly for those seeking steady rental income. Over the past year, the median house and unit values have remained unchanged, indicating a stable market without the volatility seen in some other areas. This stability can be appealing for investors who prefer a low-risk environment. Additionally, the slight increase in house rents by 1.5% suggests a growing demand for rental properties, which can be beneficial for investors looking to generate consistent rental income.

    While Casey may not offer rapid capital growth at the moment, its steady market conditions and rental demand make it a reliable choice for long-term investment. The suburb's family-friendly environment and community appeal contribute to its attractiveness for renters, ensuring a consistent tenant base. For investors focused on gradual property appreciation and stable returns, Casey offers a balanced investment landscape.

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Choose the right real estate agents in Casey

Currently, there are 94 real estate agents working in Casey—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 94 agents sold 24.8% of all properties in Casey over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Casey typically charge a commission of 2.3% to 2.85%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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