Over the last year, property investments in Crows Nest, 2065 have given investors a capital gain of -14.60%. This compares very badly with the -4.21% for NSW as a whole.
The five-year average increase in median property values for Crows Nest,2065 has given property investors a potential capital gain of 54.71% across each of those five years.
Renters in Suburb are facing rents around $51740 per annum or $995 every week.
Crows Nest is in the TOP 30% in NSW when comparing median price capital growth over the last year. Crows Nest gave property investors a good capital gain figure when compared to the rest of the state, with -0.93%.
Crows Nest,2065 has offered an average of -0.93% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Crows Nest, 2065. Typically our figures indicate that -5.94% is being offered, which puts this NSW suburb at 640th most discounted overall in Australia.
Crows Nest, 2065’s gross rental yield is 3.19%
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Apartment stock soars
Median unit price: $905,000
Stock on market: 129.4%
12-month growth: 15.3%
Located 5km north of the Sydney CBD, the suburb of Crows Nest is an ideal spot for young professionals and families who want convenience to the city.
Residents have many public transport options, and they are only a short distance from the Sydney Harbour. It has a bustling commercial scene with a wealth of shops and restaurants; the community is also very pet-friendly. The airport is less than half an hour away, and Balmoral Beach is approximately 10 minutes drive by car. Buses also stop at the beach.
There are a few schools in the suburb as well, including North Sydney Girls High School and Crows Nest College. Unit supply soared in this suburb over May 2018-2019.