Crows Nest is a smaller suburb in Queensland within the Toowoomba local government area (postcode 4355). With a population of 2,212, the suburb has an older demographic with a median age of 57. Households earn a median income of $47K per year, with an average household size of 2.1 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, German.
The median house price in Crows Nest is $500,000, having surged 26.6% over the past year. Units have a median price of $435,000 (+35.9% YoY). The median weekly rent is $270 (Census 2021). This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,118.
Crows Nest is served by 1 school, including 1 combined. The average ICSEA score is 949, which is below the national average of 1,000. The crime rate in the Toowoomba LGA is moderate at 5,673 incidents per 100,000 population.
From an investment perspective, Crows Nest offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($500K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +26.6% year-on-year.
Crows Nest is a smaller suburb in Queensland within the Toowoomba local government area (postcode 4355). With a population of 2,212, the suburb has an older demographic with a median age of 57. Households earn a median income of $47K per year, with an average household size of 2.1 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, German.
The median house price in Crows Nest is $500,000, having surged 26.6% over the past year. Units have a median price of $435,000 (+35.9% YoY). The median weekly rent is $270 (Census 2021). This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,118.
Crows Nest is served by 1 school, including 1 combined. The average ICSEA score is 949, which is below the national average of 1,000. The crime rate in the Toowoomba LGA is moderate at 5,673 incidents per 100,000 population.
From an investment perspective, Crows Nest offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($500K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +26.6% year-on-year.