Get a property report and suburb profile for any property in Casey

Casey is a quiet residential suburb in Canberra’s Tuggeranong district with mainly single-storey brick homes, modest yards and pockets of townhouse infill. The community of 6,471 has a median age of 32 and is weighted towards couple families with children (58.6%). Homes are mostly owner-occupied, with just over 70% owned rather than rented, so the area tends to attract families and long-term residents after uncomplicated suburban living.

Daily life centres on parks, sports fields and easy access to Lake Tuggeranong and nearby bushland, with local shops, schools and community facilities close by. Casey Market Town, anchored by Supabarn and Aldi, provides groceries, medical and other services, and regular buses and arterial roads connect to the Tuggeranong town centre and the wider Canberra network. A Casey Community Recreation Park is under way with plans for a kick-about area, multi-sport court, flying fox, shade and barbecue areas, toilets and accessible parking. Whether Casey suits you depends on what you want from a suburb.

At a current median of $806,500, a house in Casey (2913) works out to about 5.8 times a typical local household's annual income at the last Census, which places buying somewhat above local incomes recorded then.

Rents run to about $670 a week for houses and $475 a week for units. Against the typical local household weekly income at the last Census of $2,680, house rent would take roughly 25.0% of income, a moderate share, while unit rent would take about 17.8%, a modest share. On these figures, renting—particularly a unit—looks more manageable against what local households earned at the last Census than buying does.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Unit values in Casey jumped 26.7% over the last 12 months, while the rent those units earn fell 11.2% in the same period. Houses followed a different pattern: median house values fell 7.6% and house rents edged up 3.1%. Put simply, the past year saw strong capital growth on the unit side but weaker rental income for units, whereas houses experienced modest rental growth alongside a decline in value. Which of those outcomes matters most will depend on your own investment goals and circumstances.

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.