Suburb Profile Report for Crestwood NSW (2620)

Crestwood House: Median price $453,000, Annual capital growth 2.45%, Number of sales 46, Weekly median advertised rent $465

Crestwood Unit: Median price $219,000, Annual capital growth 4.38%, Number of sales 84, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Crestwood, 2620 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.66%.

While Crestwood,2620 ranked number 1052th in NSW for increase in median house value (annualised) increase, it is ranked 1190th over the last 5 years.

At number 741th of NSW’s most discounted properties, Crestwood is in the middle of the state/territory when listing in order of most discounted to least.

Crestwood, 2620’s gross rental yield is 5.34%

At number 1694th in the list of Australian suburbs ordered by increase in median house value over the last year, Crestwood, 2620 is in the BOTTOM 10% with a property value increase of -21.22% recorded in median house prices.

Over the longer term, Crestwood has seen property prices show investors a -15.77% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Crestwood should be aiming for at least -5.26% off the asking price, which is the average vendor discount being achieved at the moment.

Crestwood is 33th on a list of best yielding suburbs for rents in NSW with a 5.94% return

Metrics i HOUSE UNIT
$453,000 $219,000
0.44% 1.15%
3.66% -21.22%
2.45% 4.38%
$465 $250
46 84
5.34% 5.94%
91.33 124.3

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4451
Median household income ($/weekly) 1257
Median age of persons 36
Median housing loan repayment ($/monthly) 1733
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 395 8.9
    25-34 years 871 19.6
    35-44 years 653 14.7
    45-54 years 581 13.1
    55-64 years 476 10.7
    Others 1474 33.1
    Age Group
    Census Count Percent(%)
    Not Married 1598 47.9
    Registered Married 1327 39.7
    Defacto Relationship 414 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3055 74.9
    Indonesia 77 1.9
    Japan 103 2.5
    United Kingdom 115 2.8
    Other 183 4.5
    Others 547 13.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 57 1.4
    Christianity 2790 70.9
    Islam 105 2.7
    Other Religious Groups 61 1.6
    No Religion 865 22.0
    Others 56 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 158 9.1
    $800-$999 161 9.3
    $1,000-$1,249 194 11.2
    $1,500-$1,999 246 14.2
    $2,000-$2,499 169 9.8
    Others 804 46.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1723 50.0
    Not in the labour force 976 28.3
    Employed, worked part-time 493 14.3
    Employed, away from work 177 5.1
    Unemployed, looking for work 78 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 246 10.3
    Professionals 466 19.5
    Technicians & trades workers 344 14.4
    Community & personal service workers 233 9.7
    Clerical & administrative workers 464 19.4
    Others 637 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 60 7.6
    Infants/Primary 232 29.3
    Secondary 165 20.8
    Technical or Further Educational Institution 127 16.0
    University or other Tertiary Institutions 174 21.9
    Others 35 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2552 62.7
    Flat, unit or apartment 970 23.9
    Semi-detached, row or terrace house, townhouse 531 13.1
    House or flat attached to a shop, office 14 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 681 37.4
    Being purchased 619 34.0
    Fully owned 514 28.2
    Other tenure type 8 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals