1/42A Farley Street, Casino NSW 2470

1/42A Farley Street, Casino NSW 2470
Strata unit | near Casino CBD | strong rental yield | low-maintenance | compact layout The unit is positioned within a small low-maintenance complex on Farley Street, where single-level attached dwellings are uncommon. A practical convenience advantage is given by its proximity to the Casino CBD, train station, Colley Park, and shopping facilities. The configuration is well suited to investors seeking steady rental demand and first-home buyers wanting an easy-care entry point. A broad tenant pool is supported by the street’s mixed character, and strong rental yield potential is observed relative to the expected price point. Attached dwellings of this kind are often preferred for their low upkeep and secure parking among the available stock types. The value may be influenced by placement within the complex, where quieter living is offered by rear positions but less visibility is given. Presentation and condition are expected to be material; a price ceiling could be imposed by dated interiors, and the unit could be lifted by a well-presented finish. Capital growth may be tempered by the limited land component, so the trade-off between affordability and appreciation should be weighed. >> Comparable Sales: 2/10 Farley St sold $360,000; 2/90 Farley St sold $270,000 | Property Price Band: $300,000–$400,000 | Value Drivers: condition, complex position, parking
Detailed Independent Property Report prepared  by PropCred Analyst team for 1/42A Farley Street, Casino NSW 2470
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ✓
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Market Insight

Casino, in the Northern Rivers, is an affordable lifestyle market attracting families and first-home buyers. House prices sit near $485,000 with 4.3% annual growth; units average $395,000 but fell 9.8% to Q4 2025 on just 11 sales. House sales jumped 29.1% to 71 in Q4 2025, and houses rented rose 11.5%. Gross yields are 5.81% for houses and 5.45% for units, with weekly rents of $525 and $370. Future growth is supported by $503.2M in 2026 project starts, yet residential supply adds only 46 lots and 9 dwellings. Median days on market is 63, and limited stock reinforces supply constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

600m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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