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Suburb Insights · ACT 2913

Casey, ACT 2913 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Casey is a well-established middle-ring suburb of Canberra, Australia, with a population of approximately 6,471, making it a smaller community. Located approximately 13 km from the Canberra CBD, Casey is a middle ring area in Australian Capital Territory. The median household income is $139,360 per year.

Investment Score

83 / 100 Strong

Strong household incomes in Casey underpin solid property demand. Close CBD access strengthens tenant appeal and resale value.

Location

Canberra
Casey
Australian Capital Territory · 2913
13 km from Canberra CBD
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Key Indicators

Postcode
2913

Official Australia Post postcode for Casey. A postcode may cover multiple suburbs.

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Population
6,471

Usual resident population at the most recent census.

Median weekly rent
$502/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$139,360/yr

Annual median household income (before tax) across all households.

Distance to CBD
13 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb.

Median monthly mortgage
$2,167/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
73% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Casey

Who Casey Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersPrices sit above the Australian Capital Territory median — stretch goal.
💼ProfessionalsAround 13 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Local parks and reserves (around 3) add to liveability.
  • Solid transport links into employment hubs.

Cons

  • Traffic can build during peak hours, especially on arterial roads.
  • Prices may rise further as demand continues.

Investment Insight

Casey's population of 6,471 sits 70% above the Australian Capital Territory suburb median of 3,808, giving it a wider tenant and buyer catchment than the average ACT locality. Households here earn $139,360/year on average — 12% above the ACT suburb median of $123,916 — a modest premium that supports resilient owner-occupier demand. Median weekly rent of $502 equates to $2,175/month — about 100% of the median mortgage repayment of $2,167/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. 13 km from Canberra places Casey in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.

Investment Tip

This suburb suits long-term investors looking for a balance of rental yield and capital growth. Schools and transport underpin family demand. Local rents consume roughly 19% of household income — a useful sanity check on tenant affordability.

Casey vs Australian Capital Territory Median

How Casey stacks up against the median of all Australian Capital Territory suburbs in our dataset. Positive values mean Casey sits above the state median; negative means below.

MetricCaseyACT medianΔ vs state
Population6,4713,808+70%
Median household income$139,360/yr$123,916/yr+12%
Median rent (weekly)$502$450+12%
Median mortgage (monthly)$2,167$2,144+1%
Distance to CBD13 km10 km+30%
Separate houses73%71%+2pp

Investor Checklist

Pre-inspection briefing for Casey — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Solid buy-and-hold profile: a population of 6,471 and household income close to the ACT median ($139,360 vs $123,916) give the market enough depth for patient capital growth without the premium entry price of inner suburbs.

Rental Yield

Strong rental coverage: $502/week (~$2,175/month) covers 100% of the $2,167/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 73% houses in a 6,471-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Casey property

Full Property Analysis

30-year projections for Casey

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Strong

Property values in Casey should track the wider Australian Capital Territory market through 2026, with the $139,360/year median household income (12% above the $123,916 state median) keeping the suburb firmly mid-pack. Rental coverage runs at ~100% of the typical mortgage ($2,175/month rent vs $2,167/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 83/100 places Casey in the top tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is Casey a good suburb for investment?

Casey scores 83/100 on our EquitySight investment framework — a strong rating. That score is driven by a population of 6,471, median household income of $139,360/year and median weekly rent of $502. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Casey?

The main demand drivers in Casey are proximity to Canberra (13 km), an above-state-median household income of $139,360/year, a dwelling mix that is 73% separate houses, roughly 2 schools and 3 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Casey?

Casey has a usual resident population of approximately 6,471, compared with a Australian Capital Territory suburb median of 3,808 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Casey from the Canberra CBD?

Casey sits 13 km straight-line from the Canberra CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in Casey?

The most recent census recorded a median weekly rent of $502 in Casey, equating to approximately $26,104/year in gross rental income (state median $450/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Casey?

The median monthly mortgage repayment in Casey is $2,167, or approximately $26,004/year (vs $2,144/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Casey cash-flow positive for investors?

A median weekly rent of $502 works out to $2,175/month, covering 100% of the median mortgage repayment of $2,167/month. That means rent exceeds the median repayment by roughly $8/month, so on these numbers Casey leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Casey?

The main risks are interest-rate sensitivity on the $2,167 median mortgage, the broader Australian Capital Territory market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Casey profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Australian Capital Territory Property Resources