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NSW › Casino › Charles Ave

28 Charles Ave, Casino NSW 2470

For saleHouse for Sale

$990,000–$1,050,000

For sale

Asking range

5

Bedrooms

2

Bathrooms

2

Car spaces

1,555 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $990,000–$1,050,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $990,000–$1,050,000(Listing record · 16 June 2026)
  • FactLand 1,555 m²; no building size recorded.(Property record)
  • CalculationAsk is 77% above the Casino median recorded sale ($560,000, n=53, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Casino's advertised median rent ($478/wk), implied gross yield would be 2.51% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$990,000–$1,050,000

Asking range · $637/m² of land

No recorded sale for this property.

Casino at a glance

10,948

People

$560,000

Median sale

$478/wk

Median rent

4.44%

Suburb gross yield

Median sale from 53 recorded sales (last 12 months) — a Districts calculation.

See the full Casino report →

Vs Casino

+76.8%

Median sale

Suburb $560,000

-1.93 pp

Gross yield

Suburb 4.44%

Suburb median $560,000 from 53 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$990,000
Stamp Duty (New South Wales)
$38,962
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,032,829

$42,829 on top of the price (4.3% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Casino's advertised median rent — not a rent for this listing.

Net yield
1.01%
Annual cashflow (pre-tax)
$-41,474
Interest cover (DSCR)
0.19
Annual rent
$24,856
Operating expenses
$14,850
Loan amount
$792,000
Annual interest
$51,480
Gross yield
2.51%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$990,000–$1,050,000available16 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $478/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Casino in one glance

Casino at a glance

10,948

People

$560,000

Median sale

$478/wk

Median rent

4.44%

Suburb gross yield

Median sale from 53 recorded sales (last 12 months) — a Districts calculation.

See the full Casino report →

Keep researching

  • Why Casino? Read the area thesis →
  • What else is on the market in Casino →
  • Other records on Charles Ave →

Listing material

Listed by PRD Northern Rivers

Bring The Whole Family! Spacious Entertainers Paradise

Located in the sought-after Gays Hill Estate, this extra spacious home is designed to perfectly combine family-friendly living and an entertainer's paradise. Offering plenty of standout features and in a convenient location, this is one not to miss!

Boasting excellent curb appeal, the manicured lawns and gardens provide a sneak peek for what's to come inside this well-presented home. Entering through the front patio, you're greeted by the sitting room to the right, with French doors opening out to the patio. To the left is the retreat-like master suite, with a stunning bay window and cosy bench seat, making the perfect reading nook. The space has a ceiling fan and air-con for year-round comfort as well as built-in storage and ensuite. Down the hall is the expansive open-plan living, kitchen and dining area with a wood-burning fireplace, air-con and ceiling fan. The kitchen is well-equipped with a 6-burner stove, dishwasher and impressive butler's pantry with plenty of storage space to keep appliances hidden. Sliding doors off the living room lead out to the deck for easy entertaining. There's also a home office/storage room as well as a games room with bay window and French door access to the deck. Towards the rear of the home you'll find the remaining four bedrooms all of which have built-in storage; two feature air-con, while the other two have ceiling fans. The main bathroom features a chic aesthetic, with a clawfoot bathtub, double vanity and shower, as well as separate toilet for convenience. The large internal laundry has convenient access outside, making washing easy. Throughout the home you'll find stunning timber framed windows and doors as well as polished timber flooring.

Outside is where the real fun begins. The covered deck is well-equipped for entertaining guests or hosting alfresco meals and shares a view over the in-ground saltwater swimming pool. The backyard has plenty of space for the kids to play and furry friends to roam, with a lovely view of the surrounding farmland to the rear. The detached double garage is ideal for secure storage and has easy access to the home via the laundry. There's also plenty of open air parking space and a pad for boat or caravan storage. The home is serviced by solar panels and a 12.6kw solar battery keeping electricity bills low. Sitting on a large 1555sqm block just 5.5km from the heart of Casino, you'll enjoy every day convenience.

Read the full description

With all its standout features, this home is the epitome of family-friendly living, jam packed with everything you need to entertain and relax in your own pocket of paradise. To arrange your private inspection, contact Rob Horder 0439 135 125.

Listing description written by Rob Horder, PRD Northern Rivers — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Rumpus Room
  • Secure Parking
  • Shed
  • Solar Panels
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.