Suburb Profile Report for Crows Nest NSW (2065)

Crows Nest House: Median price $1,930,000, Annual capital growth 7.97%, Number of sales 31, Weekly median advertised rent $995

Crows Nest Unit: Median price $936,250, Annual capital growth 7.57%, Number of sales 82, Weekly median advertised rent $575

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

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%

Information supplied by:




M
O

W
E

Apartment stock soars

Postcode: 2065

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.

Metrics i HOUSE UNIT
$1,930,000 $936,250
0.00% -4.95%
-14.60% -0.93%
7.97% 7.57%
$995 $575
31 82
2.68% 3.19%
37.1 46

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Crows Nest NSW
Demographics
Total population 4048
Median household income ($/weekly) 2095
Median age of persons 34
Median housing loan repayment ($/monthly) 2900
Average household size 2.1
  • Census Count Percent(%)
    0-4 years 265 6.5
    25-34 years 1167 28.8
    35-44 years 880 21.7
    45-54 years 429 10.6
    55-64 years 391 9.7
    Others 916 22.6
    Age Group
    Census Count Percent(%)
    Not Married 1377 44.5
    Registered Married 1206 39.0
    Defacto Relationship 512 16.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2288 61.7
    South Korea 75 2.0
    Papua New Guinea 143 3.9
    United Kingdom 297 8.0
    Other 249 6.7
    Others 654 17.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 141 4.0
    Christianity 1960 55.8
    Hinduism 115 3.3
    Judaism 36 1.0
    No Religion 1208 34.4
    Others 51 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 134 8.1
    $1,500-$1,999 226 13.7
    $2,000-$2,499 146 8.8
    $2,500-$2,999 305 18.4
    $4,000 or more 178 10.8
    Others 666 40.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1947 60.3
    Not in the labour force 581 18.0
    Employed, worked part-time 489 15.1
    Employed, away from work 118 3.7
    Unemployed, looking for work 93 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 523 20.5
    Professionals 1062 41.5
    Technicians & trades workers 192 7.5
    Clerical & administrative workers 342 13.4
    Sales 169 6.6
    Others 269 10.5
    Occupation
    Census Count Percent(%)
    Pre-school 52 7.2
    Infants/Primary 168 23.2
    Secondary 93 12.8
    Technical or Further Educational Institution 100 13.8
    University or other Tertiary Institutions 263 36.3
    Others 48 6.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1525 42.2
    Semi-detached, row or terrace house, townhouse 1177 32.6
    Separate house 909 25.1
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 856 48.1
    Being purchased 542 30.4
    Fully owned 375 21.1
    Other tenure type 8 0.4
    Tenure Type
Census 2011, ABS
Chart Table