Casula is an established suburb in New South Wales within the Liverpool local government area (postcode 2170). It is home to about 16,584 residents, with a mix of families and early-career residents and a median age of 36. Households earn a median income of $90K per year, with an average household size of 3.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.3% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Lebanese.
Casula has a median house price of $1.0 million, which has dropped significantly by 15.7% year-on-year. Units have a median price of $850,000 (+4% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,167.
Casula is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 968, which is around the national average of 1,000. Public transport access includes 91 bus stops. The crime rate in the Liverpool LGA is below average at 3,212 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.1% (moderate yield). Property prices sit below the state median ($1.0M/$1.5M), which can point to relative value. The price-to-income ratio of 11.3x is considered stretched. House prices have moved -15.7% year-on-year. Population growth of +2.3% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.