Suburb Profile Report for Crows Nest NSW (2065)

Crows Nest House: Median price $1,855,000, Annual capital growth 8.18%, Number of sales 42, Weekly median advertised rent $875

Crows Nest Unit: Median price $825,000, Annual capital growth 8.25%, Number of sales 74, Weekly median advertised rent $520

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$1,855,000 $825,000
6.61% 4.76%
13.11% 4.30%
8.18% 8.25%
$875 $520
42 74
2.45% 3.28%
57.52 49.96

Source: CoreLogic

DSR Score for property investment : Good (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