Suburb Profile Report for Hawks Nest NSW (2324)

Hawks Nest House: Median price $485,000, Annual capital growth 1.04%, Number of sales 50, Weekly median advertised rent $323

Hawks Nest Unit: Median price $372,500, Annual capital growth 1.60%, Number of sales 52, Weekly median advertised rent $325

  • 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 21.40%. This compares very favourably with the 9.05% for NSW as a whole.

A 21.25% growth in median value for property investors in Hawks Nest,2324 puts this suburb at number 651th in terms of best performing suburbs in NSW

Hawks Nest, 2324 is offering NSW ‘s 386th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.

Often selling an investment property can take time, and in Hawks Nest the average time real estate has been on the market is 117 days.

Property investors should expect to get $322.5 weekly from the median priced house in this suburb.

If you compare the increase in value of investment property in Hawks Nest, 2324 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 8.76%.

The five-year average increase in median property values for Hawks Nest,2324 has given property investors a potential capital gain of 11.19% across each of those five years.

Our latest figures would indicate that property sellers in Hawks Nest are currently offering property investors an average price cut of -5.29% below the asking price at the moment.

Residents and property investors in Hawks Nest have been waiting around 118.78 days to sell a property.

Metrics i HOUSE UNIT
$485,000 $372,500
3.19% 0.68%
21.40% 8.76%
1.04% 1.60%
$323 $325
50 52
3.46% 4.54%
117 118.78

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
Find a mortgage broker in Hawks Nest NSW
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
Chart Table
Recent sales & rentals