Suburb Profile Report for Crows Nest NSW (2065)

Crows Nest House: Median price $2,150,000, Annual capital growth 10.43%, Number of sales 52, Weekly median advertised rent $940

Crows Nest Unit: Median price $845,000, Annual capital growth 9.10%, Number of sales 90, Weekly median advertised rent $550

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Crows Nest have tracked higher than the NSW average of 9.74% over the last 12 months.

Crows Nest,2065 has offered an average of 24.64% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Crows Nest are currently offering property investors an average price cut of -7.22% below the asking price at the moment.

With the median price for a house in Crows Nest being $2150000 and the advertised rent reaching $940 the gross rental yield for property investors calculates out to be 2.27%

With a capital gain of 7.30% for the last 12 months, Crows Nest, 2065 has performed for property investments than its average annual 9.10% property growth over the last 5 years.

Over the longer term, Crows Nest has seen property prices show investors a 20.28% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -2.14% to buyers in Crows Nest at the moment, which is less than average for the rest of NSW.

Advertised rents are around the $550 mark per week – giving a return of 3.38% based on the median price in Suburb

Metrics i HOUSE UNIT
$2,150,000 $845,000
7.50% 2.42%
24.64% 7.30%
10.43% 9.10%
$940 $550
52 90
2.27% 3.38%
47.78 64.08

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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