Crestwood is a smaller suburb in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2620). With a population of 4,936, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $89K per year, with an average household size of 2.2 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Crestwood is $824,000, having declined 3.1% over the past year. Units have a median price of $385,000 (+6.3% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,733.
Public transport access includes 18 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Crestwood offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($824K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved -3.1% year-on-year.
Crestwood is a smaller suburb in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2620). With a population of 4,936, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $89K per year, with an average household size of 2.2 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Crestwood is $824,000, having declined 3.1% over the past year. Units have a median price of $385,000 (+6.3% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,733.
Public transport access includes 18 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Crestwood offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($824K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved -3.1% year-on-year.