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Suburb Insights ยท NSW 1585

Crows Nest 1585, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Crows Nest is a regional centre in New South Wales, Australia, with a population of approximately 4,974, making it a boutique locality. Located 5 km from the Sydney CBD, Crows Nest is a regional area in New South Wales. The median household income is $135,928 AUD per year (ABS 2021 Census).

Investment Score

80 / 100 Good

Above-average earnings in Crows Nest support sustained property values. The short commute to the city centre is a key demand driver.

Location

Map shows Crows Nest, New South Wales, Australia.

Key Indicators

Postcode
1585

Official Australia Post postcode for Crows Nest. A postcode may cover multiple suburbs.

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Population
4,974

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$550/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$135,928/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
5 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$3,033/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
10% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Crows Nest serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $550/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $3,033/month. A median household income of $135,928/year supports premium property values and indicates a well-employed resident base. With only 10% separate houses, Crows Nest has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Crows Nest offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Crows Nest's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

The resale market in Crows Nest may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Crows Nest property

Full Property Analysis

30-year projections for Crows Nest

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Strong

Price movement in Crows Nest is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Crows Nest's 2026 outlook. Crows Nest remains on the radar of active property investors in New South Wales.

Frequently Asked Questions

Is Crows Nest a good suburb for investment?

Crows Nest is a regional area in New South Wales with a population of 4,974. The median rent is $550/week and the median household income is $135,928/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Crows Nest?

Key demand drivers in Crows Nest include regional employment hubs, lifestyle, and affordability. 10% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Crows Nest?

According to the ABS 2021 Census, Crows Nest has a population of approximately 4,974. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Crows Nest from the Sydney CBD?

Crows Nest is approximately 5 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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