Suburb Profile Report for Hawks Nest NSW (2324)

Hawks Nest House: Median price $485,000, Annual capital growth 1.16%, Number of sales 56, Weekly median advertised rent $350

Hawks Nest Unit: Median price $376,000, Annual capital growth -0.44%, Number of sales 55, Weekly median advertised rent $328

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Hawks Nest, 2324 have given investors a capital gain of 24.36%. This compares very favourably with the 7.47% for NSW as a whole.

Hawks Nest,2324 has offered an average of 24.36% return per annum in house price rises to property investors over the last three years.

The most recent median price for Hawks Nest is $485000, with sellers offering an average of -6.73% off the asking price.

Situated 160.26km from the CBD, Hawks Nest is one of Great Lakes localities in the postcode 2324.

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 21.88% to date .

Over the longer term, Hawks Nest has seen property prices show investors a 40.56% return over the last 3 years. This is worse than over the last 12 months

At number 88th of NSW’s most discounted properties, Hawks Nest is in the bottom 20% of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $327.5 and the average annual increase in value of a median property of -0.44%, investors should hope to achieve an overall return of 4.53%

Metrics i HOUSE UNIT
$485,000 $376,000
6.59% 4.81%
24.36% 21.88%
1.16% -0.44%
$350 $328
56 55
3.75% 4.53%
114.17 131.34

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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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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Recent sales & rentals