Suburb Profile Report for Crestwood NSW (2620)

Crestwood House: Median price $565,500, Annual capital growth 4.37%, Number of sales 44, Weekly median advertised rent $470

Crestwood Unit: Median price $242,500, Annual capital growth 1.50%, Number of sales 89, Weekly median advertised rent $275

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

If you compare the increase in value of investment property in Crestwood, 2620 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 20.32%.

Taking the average capital gain, or increase in median house value, Crestwood,2620 has racked up an average of 20.32% over the period. This ranks it number 1121th in the whole country for real estate investors looking at median house price increases.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.18% offered to property buyers. Sellers in Crestwood itself are offering an average vendor discount of -3.94% to real estate investors.

Crestwood has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -2.61% to date .

The five-year average increase in median property values for Crestwood,2620 has given property investors a potential capital gain of -14.91% across each of those five 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 Crestwood, 2620. Typically our figures indicate that -5.42% is being offered, which puts this NSW suburb at 701th most discounted overall in Australia.

With the median price for a house in Crestwood being $242500 and the advertised rent reaching $275 the gross rental yield for property investors calculates out to be 5.90%

Metrics i HOUSE UNIT
$565,500 $242,500
7.71% 0.94%
20.32% -2.61%
4.37% 1.50%
$470 $275
44 89
4.32% 5.90%
61 108.04

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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