Suburb Profile Report for Hawks Nest NSW (2324)

Hawks Nest House: Median price $537,500, Annual capital growth 1.51%, Number of sales 46, Weekly median advertised rent $420

Hawks Nest Unit: Median price $392,500, Annual capital growth -3.09%, Number of sales 53, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Hawks Nest has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 35.39% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Hawks Nest comes in at number 658th in NSW.

Our latest figures would indicate that property sellers in Hawks Nest are currently offering property investors an average price cut of -5.08% below the asking price at the moment.

Property investors should expect to get $420 weekly from the median priced house in this suburb.

NSW has seen average median house prices change by 8.63% which means that Hawks Nest, 2324 has done well for property investors by showing a capital gain of 9.79% over the last year

A 17.16% growth in median value for property investors in Hawks Nest,2324 puts this suburb at number 163th in terms of best performing suburbs in NSW

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hawks Nest, 2324. Typically our figures indicate that -5.02% is being offered, which puts this NSW suburb at 709th most discounted overall in Australia.

Advertised rents are around the $340 mark per week – giving a return of 4.50% based on the median price in Suburb

Metrics i HOUSE UNIT
$537,500 $392,500
4.88% 3.29%
35.39% 9.79%
1.51% -3.09%
$420 $340
46 53
4.06% 4.50%
90.8 106.61

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1123
Median household income ($/weekly) 725
Median age of persons 58
Median housing loan repayment ($/monthly) 1600
Average household size 1.9
  • Census Count Percent(%)
    5-14 years 92 8.2
    45-54 years 130 11.6
    55-64 years 199 17.7
    65-74 years 221 19.7
    75-84 years 151 13.4
    Others 330 29.4
    Age Group
    Census Count Percent(%)
    Registered Married 431 52.4
    Not Married 321 39.1
    Defacto Relationship 70 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 929 87.5
    Papua New Guinea 24 2.3
    South Africa 7 0.7
    United Kingdom 52 4.9
    Other 13 1.2
    Others 37 3.5
    Country of Birth
    Census Count Percent(%)
    Christianity 823 80.9
    No Religion 169 16.6
    Buddhism 12 1.2
    Other Religious Groups 7 0.7
    Islam 6 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 56 12.2
    $400-$599 86 18.8
    $600-$799 62 13.5
    $800-$999 62 13.5
    $1,500-$1,999 39 8.5
    Others 153 33.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 576 62.0
    Employed, worked full-time 168 18.1
    Employed, worked part-time 132 14.2
    Unemployed, looking for work 32 3.4
    Employed, away from work 21 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 41 12.6
    Professionals 52 16.0
    Technicians & trades workers 63 19.4
    Clerical & administrative workers 44 13.5
    Labourers 46 14.2
    Others 79 24.3
    Occupation
    Census Count Percent(%)
    Pre-school 13 8.7
    Infants/Primary 59 39.3
    Secondary 37 24.7
    Technical or Further Educational Institution 12 8.0
    University or other Tertiary Institutions 20 13.3
    Others 9 6.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 761 77.2
    Semi-detached, row or terrace house, townhouse 132 13.4
    Flat, unit or apartment 76 7.7
    Caravan, cabin, houseboat 17 1.7
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 251 51.8
    Rented 165 34.0
    Being purchased 65 13.4
    Other tenure type 4 0.8
    Tenure Type
Census 2011, ABS
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