Is Casey a nice place to live?

Casey has tree-lined streets, small parks and reserves and mostly detached single- and two-storey houses, with local green space and nearby shopping hubs. It is a community of many households buying their homes and families with children, with couple families with children accounting for 58.6% of families. Small parks, walking routes and playgrounds are woven through the suburb, regular bus routes link the area into Canberra's broader public transport network, and the layout favours short trips on foot or by bike. The suburb is the focus of a commercial and retail precinct traffic and transport improvement study that is being investigated.

Is it expensive to live in Casey?

A typical local household earned about $2,680 a week at the most recent Census. In Casey, the median house price of $858,000 works out to roughly 6.2 times a typical local annual household income, so buying a house sits well above local incomes on these figures. Renting is more moderate by comparison: a house at about $670 a week would take roughly 25% of that weekly household income, while a unit at $508 a week would take about 19%. If you're renting rather than buying, those rent shares are the figures that will matter to you. Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Is Casey a good place to invest?

What stands out in Casey is that, over the last 12 months, unit values rose a strong 32.9% while house values fell a solid 8.0%. Over the same period, house rents edged up a modest 3.1% and unit rents dropped a notable 7.6%. If you are weighing capital growth against rental income, the picture differs by property type: houses experienced a decline in capital value alongside a modest rise in rental income, whereas units registered large capital growth while rental income weakened. This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Casey suburb profile

Casey is a residential suburb of Canberra in the ACT, set within the city's suburban belt and defined by tree-lined streets and predominantly detached single-storey and two-storey houses. Small parks and reserves are woven through the suburb, providing walking routes, playgrounds and open lawns that shape a quietly domestic neighbourhood.

Local life centres on neighbourhood green space and nearby shopping and community hubs in adjoining suburbs, while regular bus routes link the area to Canberra's broader public transport network. Roads provide straightforward vehicle access to neighbouring centres, and the suburb's layout favours short trips on foot or by bike.

Casey property market performance

Current median dwelling price$4,329,000Past 3 months

Property growth+12.5%Past 12 months

Casey’s median house price is $858,000 and house values fell 8.0% over the last 12 months, a notable decline. The suburb reads as a house market; there is no reliable unit median because too few units have sold recently, and three units were recorded over the last 3 months.

In Casey, house rents rose modestly, up 3.1% over the last 12 months, while unit rents fell by a sizeable 7.6% over the last 12 months.

	Houses	Units
Median price Past 3 months	$858K	N/A
Change in value Past 12 months	-8.0%	32.9%
Sold Past 3 months	29	3
Median days on market Past 12 months	33	N/A
Average rent Past 12 months	$670	$508
Change in rent Past 12 months	3.1%	-7.6%

5 year median price trend for houses and units

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Casey demographics

Casey is a community of many households buying their homes and families with children. Couple families with children account for 58.6% of families.

Homes owned with a mortgage make up 58.5% of homes. At the 2021 Census 6,471 people lived in Casey.

Casey and the ACT

	Suburb	ACT
Median age years	32	35
Median household income weekly	$2,680	$2,373
Couples with children share of families	58.6%	45.3%
Couples without children share of families	27.7%	39.3%
One-parent families share of families	13.0%	13.9%
Homes owned outright share of homes	11.7%	27.3%
Homes with a mortgage share of homes	58.5%	41.2%
Homes rented share of homes	29.8%	31.5%

Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Casey infrastructure, key developments and investment opportunities

Casey is the focus of a Casey commercial and retail precinct traffic and transport improvement study the ACT Government agreed to investigate in 2023.

The government also committed to undertake a review of traffic and parking arrangements in the Casey commercial area in 2024. The 2023-24 ACT budget included $400,000 to develop a Gungahlin transport plan in 2023, which will consider private vehicles, public transport and active travel and priority corridors such as Gungahlin Drive and Clarrie Hermes Drive. Transport Canberra and City Services said in 2023 it is investigating opportunities to improve the path network in Casey, and detailed design for several shared-path improvements in the Gungahlin town centre was funded in 2023.

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 10.8% higher than Ngunnawal’s.
Median unit prices: Casey’s median unit price is 1280.8% higher than Taylor’s.
House price growth: Property prices in nearby Nicholls have risen 11.6% more than in Casey over the past year.
Unit price growth: Over the past 12 months, unit prices in Casey have grown 35.6% higher than in Moncrieff.
Selling speed for houses: Properties in Casey are selling 29.8% faster than in Nicholls.
Investment considerations: In Casey, the rental yield for house is 6.9% lower than the Canberra average, while the rental yield for units is 11.2% lower.
House price growth: Over the past 12 months, house prices in Casey have grown 21.0% lower than the average rate of growth across Canberra.
Unit price growth:Over the past 12 months, unit prices in Casey have grown 14.4% higher than the average rate of growth for units across Canberra.

Common questions about Casey

Is Casey a nice place to live?
Casey has tree-lined streets, small parks and reserves and mostly detached single- and two-storey houses, with local green space and nearby shopping hubs.

It is a community of many households buying their homes and families with children, with couple families with children accounting for 58.6% of families. Small parks, walking routes and playgrounds are woven through the suburb, regular bus routes link the area into Canberra's broader public transport network, and the layout favours short trips on foot or by bike. The suburb is the focus of a commercial and retail precinct traffic and transport improvement study that is being investigated.
Is it expensive to live in Casey?
A typical local household earned about $2,680 a week at the most recent Census. In Casey, the median house price of $858,000 works out to roughly 6.2 times a typical local annual household income, so buying a house sits well above local incomes on these figures.

Renting is more moderate by comparison: a house at about $670 a week would take roughly 25% of that weekly household income, while a unit at $508 a week would take about 19%. If you're renting rather than buying, those rent shares are the figures that will matter to you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
Is Casey a good place to invest?
What stands out in Casey is that, over the last 12 months, unit values rose a strong 32.9% while house values fell a solid 8.0%. Over the same period, house rents edged up a modest 3.1% and unit rents dropped a notable 7.6%.

If you are weighing capital growth against rental income, the picture differs by property type: houses experienced a decline in capital value alongside a modest rise in rental income, whereas units registered large capital growth while rental income weakened.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

Choose the right real estate agents in Casey

Currently, there are 81 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 81 agents sold 28.0% 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.