Suburb Profile Report for Hawks Nest NSW (2324)

Hawks Nest House: Median price $512,500, Annual capital growth 1.89%, Number of sales 50, Weekly median advertised rent $328

Hawks Nest Unit: Median price $380,000, Annual capital growth 2.24%, Number of sales 48, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 9.74% which means that Hawks Nest, 2324 has done well for property investors by showing a capital gain of 29.75% over the last year

Over the longer term, Hawks Nest has seen property prices show investors a 35.76% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Hawks Nest is $512500, with sellers offering an average of -6.78% off the asking price.

At number 3086 in a list of fastest selling suburbs, Hawks Nest is in the bottom 20% of suburbs in Australia with an average of days on market 114.64 for properties listed there.

Property investors should expect to get $327.5 weekly from the median priced house in this suburb.

Hawks Nest has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.95% to date .

The five-year average increase in median property values for Hawks Nest,2324 has given property investors a potential capital gain of 13.43% across each of those five years.

Vendor discounting in Hawks Nest is giving property investors an average Vendor Discount of around -5.20%. This puts suburb at number 103th in NSW when ranking the most discounted suburbs.

The NSW suburb of Hawks Nest, 2324 is in the Great Lakes local government area.

Metrics i HOUSE UNIT
$512,500 $380,000
5.67% 1.06%
29.75% 10.95%
1.89% 2.24%
$328 $330
50 48
3.32% 4.52%
114.64 108.2

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