At number 1229th in the list of Australian suburbs ordered by increase in median house value over the last year, Crows Nest, 2065 is in the top 30% with a property value increase of 8.90% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Crows Nest has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Crows Nest should be aiming for at least -6.73% off the asking price, which is the average vendor discount being achieved at the moment.
The NSW suburb of Crows Nest, 2065 is in the North Sydney local government area.
At number 701th in the list of Australian suburbs ordered by increase in median house value over the last year, Crows Nest, 2065 is in the top half with a property value increase of 4.81% recorded in median house prices.
The five-year average increase in median property values for Crows Nest,2065 has given property investors a potential capital gain of 41.58% across each of those five years.
Crows Nest2065 is located in NSW which offers an average discount of -4.48% to property investors. Crows Nest itself is showing figures that indicate -2.19% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $515 and the average annual increase in value of a median property of 7.88%, investors should hope to achieve an overall return of 3.32%