Casino Market Update 2 nd H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q2 2025, Casino* recorded a median house price of $487,000 and a median unit price of $402,500. This is an annual (Q2 2024 - Q2 2025) growth of 10.7% for houses, but a softening of -4.8% for units. Comparing Q2 2024 and Q2 2025, house sales grew by 8.3% (to 65 sales in Q2 2025) while unit sales surged by 128.6% (to 16 sales in Q2 2025). Despite the surge in unit sales, its volume remain small compared to houses. Price growth and higher sales suggest demand for houses is strong. Units are now slightly more affordable for buyers; but with limited ready-to-sell dwellings planned buyers must act fast before property prices increase.
CHANGE FROM LAST
YEAR
Casino£ will see approximately $501.3M of new projects commencing in 2025 and 2026. Commercial Industrial $15.5M $16.2M Infrastructure
HALF YEAR
$25.9M
HOUSE SALE S
Mixed-Use
HOUSE ME DIAN PRICE
Projects $447.8M
HOUSE RE NTAL PRICE
A main mixed-use project is Casino Biohub, which will feature a bioenergy facility capable of processing up to 903,000 tonnes per annum of organic waste using anaerobic digestion technology. This will stimulate the local economy through job creation, attracting more people to the area.
UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE
$
Key housing related projects include:
MARKET CONDITIONS MEDIAN PRICE Q2 2025
$487K
$402K
MEDIAN PRICE Q2 2025
$550
SALES
AVERAGE DAYS ON MARKET Q2 2025
88
142
HOUSE
U N I T
RENTALS
$360
•
Hare & Lennox Streets Residential Subdivision (46 Lots)
•
7-9 Callistemon Street (9 Dwellings)
•
146-152 Johnston Street Units & Commercial (13 Units)
With only a limited number of new houses and units planned in Casino£ over the next two years, supply will remain insufficient to meet demand. This will add continuous pressure to the market and drive prices higher.
AVERAGE DAYS ON MARKET Q2 2025
19
20
HOUSE
U N I T
62 Units/ Apartments
9 Dwellings
46 Lots