Extremely low vacancy signals structural undersupply in the rental market, creating long-term price pressure.
VERDICT
STRONG BUY
Rental Pressure Market
DEMAND
21 buyers/listing
Neutral→
LIQUIDITY
24d DOM
Neutral→
AFFORDABILITY
-17.7% vs 5yr
Strong↑
GROWTH OUTLOOK
Strong
Strong↑
YIELD
4.0%
Neutral→
SUPPLY PRESSURE
1.0% vacancy
Strong↑
#3/89StrongStructure 73$842KTop 2.4% nationally
Atlaso rates Casey houses as STRONG BUY, our highest conviction rating. Vacancy is extremely tight at 0.97%, well below the 2.5% equilibrium, and rental yield of 4.0% is above the national average. Historically, 90% of suburbs we rate STRONG BUY grew more than 8% annually.
At $842K, Casey ranks #3 of 89 houses in Canberra. The long-term structural outlook is Strong. Properties sell in just 24 days, reflecting urgent buyer demand.
Casey Price History
All houses · monthly median sale price
Market Intelligence
What's Happening Now
Buyer's MarketStock rising, prices softening. Buyers have leverage.
-1.4%
Asking Prices (3mo)
+7.3%
Rents (12mo)
0.9%
Vacancy
41%
Fresh Stock (<30d)
House Asking Prices (12 months)
$999K
House Weekly Rents (12 months)
$741/wk
Vacancy Rate (24 months)
--- 1.5% tight--- 3.0% loose
Listing Age (12 months)
Fresh (<30d)30-60d60-90d90-180d180d+
Data for postcode 2913.
Suburb Profile
Casey at a Glance
SEIFA Index
9/10
Most advantaged
Household Income
$2,429/wk
Median household
Median Age
34
Years
Mortgage Stress
19%
of income
Population Growth
+4.2%
vs state +2.9%
Ownership Mix
20.4%owned43.6%mortgage28.4%renting
Demographic Trends
Casey Over Time
Median Household Income (Census)
Population Growth Rate (Census)
Dwelling Composition (Census)
Rental Yield History
Census data: ABS. Yield series: weekly market data.
Full Casey Analysis
Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.
3-Year Structural OutlookStrong
Conviction LevelHigh
Fair Value GapX.X% undervalued
3-Bed House Price$X,XXX,XXX
Gross YieldX.X%
Weekly Rent$XXX
SEIFA DecileX/10
Building ApprovalsXX dwellings
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Atlaso rates Casey as STRONG BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Casey and 46 Australian cities to generate this rating.
What is the median house price in Casey?
The current median house price in Casey, act is $842K, with annual growth of +28.2%. Properties sell in approximately 24 days.
How fast do properties sell in Casey?
Properties in Casey sell in 24 days on average. The market is currently rated Strong. This is faster than the national average, indicating strong buyer demand.
What is the growth outlook for Casey?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Casey's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Casey?
The gross rental yield for houses in Casey is 4.0%. This is in line with the broader market average.
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).