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Casula Suburb Insights

VIC
Location Information

Suburb Name

Casula, VIC

Distance from CBD

22.6 km
Demographics

Population

15,662

Median Income

$30,368

Area Information

Area

7.07 km²

Population Density

2215 people/km²

Property Market

Median Price

$832,865

Annual Growth

+9%
Property Price Trend Analysis

Current Median Price

$832,865

Annual Growth

+9%

Quarterly Growth

+1.8%

Price Trends - Last 6 Months

2024-01

$459,484

+10.9%
2024-02

$442,862

+8.6%
2024-03

$1,080,223

+13.4%
2024-04

$720,128

+16.7%
2024-05

$559,192

+11.9%
2024-06

$1,227,995

+19.9%
Property Type Price Analysis
House

Median Price

$1,411,899

Growth Rate

+14.3%

Available Listings

224 properties

Apartment

Median Price

$335,155

Growth Rate

+13.4%

Available Listings

622 properties

Townhouse

Median Price

$892,708

Growth Rate

+14.5%

Available Listings

197 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy