With a capital gain of 13.11% for the last 12 months, Crows Nest, 2065 has performed for property investments than its average annual 8.18% property growth over the last 5 years.
Comparing Crows Nest,2065 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Crows Nest should be aiming for at least -7.72% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.
Crows Nest, 2065’s gross rental yield is 2.45%
At number 748th 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 4.30% recorded in median house prices.
A 46.41% growth in median value for property investors in Crows Nest,2065 puts this suburb at number 102th in terms of best performing suburbs in NSW
The most recent median price for Crows Nest is $825000, with sellers offering an average of -1.83% off the asking price.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 8.25%, investors should hope to achieve an overall return of 3.28%