Crows Nest is a smaller suburb in New South Wales within the North Sydney local government area (postcode 2065). With a population of 4,974, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $136K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Crows Nest is $3.9 million, having surged 24.8% over the past year. Units have a median price of $995,000 (-4.6% YoY). The current median weekly rent is $898. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $3,033.
Crows Nest is served by 3 schools, including 3 secondary. The average ICSEA score is 1178, which is well above the national average of 1,000. Public transport access includes 1 rail station, 19 bus stops. The crime rate in the North Sydney LGA is low at 1,731 incidents per 100,000 population.
From an investment perspective, Crows Nest offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($3.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.7x is considered stretched. House prices have moved +24.8% year-on-year.
Crows Nest is a smaller suburb in New South Wales within the North Sydney local government area (postcode 2065). With a population of 4,974, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $136K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Crows Nest is $3.9 million, having surged 24.8% over the past year. Units have a median price of $995,000 (-4.6% YoY). The current median weekly rent is $898. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $3,033.
Crows Nest is served by 3 schools, including 3 secondary. The average ICSEA score is 1178, which is well above the national average of 1,000. Public transport access includes 1 rail station, 19 bus stops. The crime rate in the North Sydney LGA is low at 1,731 incidents per 100,000 population.
From an investment perspective, Crows Nest offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($3.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.7x is considered stretched. House prices have moved +24.8% year-on-year.