Suburb Profile Report for Crestwood NSW (2620)

Crestwood House: Median price $560,000, Annual capital growth 3.41%, Number of sales 44, Weekly median advertised rent $490

Crestwood Unit: Median price $225,000, Annual capital growth 0.86%, Number of sales 69, Weekly median advertised rent $300

  • 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.

  • House Report
  • Unit Report

Crestwood, 2620 ranked 414th in NSW when comparing growth in median property values or capital gain over the last 12 months. Crestwood is one of 3163 in our list for NSW

Crestwood,2620 was ranked 3500 in Australia by increase in median property value over the quarter.

Crestwood2620 is located in NSW which offers an average discount of -7.38% to property investors. Crestwood itself is showing figures that indicate -6.81% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 3.67 sales per month, which equates to 44 per year.

Property investors should expect to get $490 weekly from the median priced house in this suburb.

Crestwood, 2620 ranked 327th in NSW when comparing growth in median property values or capital gain over the last 12 months. Crestwood is one of 3163 in our list for NSW

When looking at the potential capital gains offered to property investors over the last 3 years, Crestwood comes in at number 503th in NSW.

LACK OF BUYER INTEREST may well be the reason that Crestwood is offering property investors an average of -6.83. This rate of discount on properties puts Suburb at number 283th in terms of most discounted suburbs in NSW

A $300 per week rent on the median house gives suburb investors a gross yield of circa 6.93%, without taking into account capital value appreciation, which has been averaging out at 0.86%.

Metrics i HOUSE UNIT
$560,000 $225,000
-3.95% -5.66%
-0.97% -7.69%
3.41% 0.86%
$490 $300
44 69
4.55% 6.93%
66.3214285714286 84.2962962962963

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 : Good (H), Good (U)
Find a mortgage broker in Crestwood NSW
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
Chart Table