Suburb Profile Report for Crows Nest NSW (2065)

Crows Nest House: Median price $2,072,500, Annual capital growth 9.90%, Number of sales 51, Weekly median advertised rent $900

Crows Nest Unit: Median price $850,000, Annual capital growth 9.18%, Number of sales 85, Weekly median advertised rent $550

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 197th in the list of Australian suburbs ordered by increase in median house value over the last year, Crows Nest, 2065 is in the top 10% with a property value increase of 23.36% recorded in median house prices.

Crows Nest,2065 was ranked 504 in Australia by increase in median property value over the quarter.

Vendor discounting in Crows Nest is giving property investors an average Vendor Discount of around -7.72%. This puts suburb at number 159th in NSW when ranking the most discounted suburbs.

Residents and property investors in Crows Nest have been waiting around 61.05 days to sell a property.

Crows Nest, 2065’s gross rental yield is 2.26%

Property investors who have had real estate in Crows Nest, 2065 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.28%

A 51.79% growth in median value for property investors in Crows Nest,2065 puts this suburb at number 265th in terms of best performing suburbs in NSW

Crows Nest2065 is located in NSW which offers an average discount of -4.33% to property investors. Crows Nest itself is showing figures that indicate -2.32% is the average achievable by property buyers investing in the suburb.

In the last year 85 properties changed hands in Crows Nest, which puts it as the 188th most active market in NSW when comparing the number of sales per suburb.

Advertised rents are around the $550 mark per week – giving a return of 3.36% based on the median price in Suburb

Metrics i HOUSE UNIT
$2,072,500 $850,000
6.28% 1.67%
23.36% 8.28%
9.90% 9.18%
$900 $550
51 85
2.26% 3.36%
61.05 46.51

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 4048
Median household income ($/weekly) 2095
Median age of persons 34
Median housing loan repayment ($/monthly) 2900
Average household size 2.1
  • Census Count Percent(%)
    0-4 years 265 6.5
    25-34 years 1167 28.8
    35-44 years 880 21.7
    45-54 years 429 10.6
    55-64 years 391 9.7
    Others 916 22.6
    Age Group
    Census Count Percent(%)
    Not Married 1377 44.5
    Registered Married 1206 39.0
    Defacto Relationship 512 16.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2288 61.7
    South Korea 75 2.0
    Papua New Guinea 143 3.9
    United Kingdom 297 8.0
    Other 249 6.7
    Others 654 17.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 141 4.0
    Christianity 1960 55.8
    Hinduism 115 3.3
    Judaism 36 1.0
    No Religion 1208 34.4
    Others 51 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 134 8.1
    $1,500-$1,999 226 13.7
    $2,000-$2,499 146 8.8
    $2,500-$2,999 305 18.4
    $4,000 or more 178 10.8
    Others 666 40.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1947 60.3
    Not in the labour force 581 18.0
    Employed, worked part-time 489 15.1
    Employed, away from work 118 3.7
    Unemployed, looking for work 93 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 523 20.5
    Professionals 1062 41.5
    Technicians & trades workers 192 7.5
    Clerical & administrative workers 342 13.4
    Sales 169 6.6
    Others 269 10.5
    Occupation
    Census Count Percent(%)
    Pre-school 52 7.2
    Infants/Primary 168 23.2
    Secondary 93 12.8
    Technical or Further Educational Institution 100 13.8
    University or other Tertiary Institutions 263 36.3
    Others 48 6.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1525 42.2
    Semi-detached, row or terrace house, townhouse 1177 32.6
    Separate house 909 25.1
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 856 48.1
    Being purchased 542 30.4
    Fully owned 375 21.1
    Other tenure type 8 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals