Suburb Profile Report for Crows Nest QLD (4355)

Crows Nest House: Median price $279,000, Annual capital growth 2.30%, Number of sales 27, Weekly median advertised rent $280

  • 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

Investment property in Crows Nest has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -12.81%

The five-year average increase in median property values for Crows Nest,4355 has given property investors a potential capital gain of 9.20% across each of those five years.

Vendor discounting in Crows Nest is giving property investors an average Vendor Discount of around -9.49%. This puts suburb at number 77th in QLD when ranking the most discounted suburbs.

Crows Nest is 272th on a list of best yielding suburbs for rents in QLD with a 5.22% return

Metrics i HOUSE UNIT
$279,000 N/A
-11.71% N/A
-12.81% N/A
2.30% N/A
$280 N/A
27 N/A
5.22% N/A
97.2 N/A

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 : Below average (H), Balanced (U)
Find a mortgage broker in Crows Nest QLD
Demographics
Total population 2038
Median household income ($/weekly) 640
Median age of persons 49
Median housing loan repayment ($/monthly) 1100
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 250 12.3
    35-44 years 192 9.4
    45-54 years 226 11.1
    55-64 years 297 14.6
    65-74 years 333 16.3
    Others 739 36.3
    Age Group
    Census Count Percent(%)
    Registered Married 761 54.0
    Not Married 521 37.0
    Defacto Relationship 126 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1737 89.1
    Greece 13 0.7
    Papua New Guinea 44 2.3
    United Kingdom 105 5.4
    Other 20 1.0
    Others 31 1.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 7 0.4
    Christianity 1500 79.2
    Hinduism 4 0.2
    Other Religious Groups 6 0.3
    No Religion 371 19.6
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 107 15.0
    $400-$599 176 24.7
    $600-$799 93 13.1
    $800-$999 83 11.7
    $1,000-$1,249 58 8.1
    Others 195 27.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 895 56.3
    Employed, worked full-time 373 23.4
    Employed, worked part-time 241 15.1
    Employed, away from work 43 2.7
    Unemployed, looking for work 39 2.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 84 12.8
    Technicians & trades workers 101 15.4
    Community & personal service workers 92 14.1
    Clerical & administrative workers 84 12.8
    Labourers 102 15.6
    Others 191 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 15 4.2
    Infants/Primary 161 45.4
    Secondary 110 31.0
    Technical or Further Educational Institution 33 9.3
    University or other Tertiary Institutions 29 8.2
    Others 7 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1688 94.8
    Semi-detached, row or terrace house, townhouse 47 2.6
    Flat, unit or apartment 7 0.4
    Caravan, cabin, houseboat 11 0.6
    House or flat attached to a shop, office 21 1.2
    Others 6 0.3
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 355 46.0
    Being purchased 211 27.4
    Rented 193 25.0
    Other tenure type 12 1.6
    Tenure Type
Census 2011, ABS
Chart Table