At number 356th in the list of Australian suburbs ordered by increase in median house value over the last year, Crows Nest, 2065 is in the top 10% with a property value increase of 22.59% recorded in median house prices.
A 101.81% growth in median value for property investors in Crows Nest,2065 puts this suburb at number 452th in terms of best performing suburbs in NSW
The most recent median price for Crows Nest is $2225000, with sellers offering an average of -5.02% off the asking price.
Using the current median advertised rental of $955 and the average annual increase in value of a median property of 9.76%, investors should hope to achieve an overall return of 2.23%
If you compare the increase in value of investment property in Crows Nest, 2065 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.52%.
Crows Nest,2065 was ranked 896 in Australia by increase in median property value over the quarter.
Vendor discounting in Crows Nest is giving property investors an average Vendor Discount of around -2.70%. This puts suburb at number 236th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 7.55%, investors should hope to achieve an overall return of 3.44%