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Suburb Insights · NSW 1585

Crows Nest, NSW 1585 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

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

Sydney
Crows Nest
New South Wales · 1585
5 km from Sydney CBD
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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 the most recent census.

Median weekly rent
$550/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$135,928/yr

Annual median household income (before tax) across all households.

Distance to CBD
5 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb.

Median monthly mortgage
$3,033/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
10% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Crows Nest

Who Crows Nest Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRental coverage trails the state average.
🏡First-home buyersPrices sit above the New South Wales median — stretch goal.
💼ProfessionalsAround 5 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Solid transport links into employment hubs.
  • Short distance to the CBD makes commuting straightforward.

Cons

  • Median mortgage sits above the New South Wales state median — entry costs are stretched.
  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.

Investment Insight

4,974 residents places Crows Nest squarely in the middle of the New South Wales suburb size distribution (state median 5,325), with market depth comparable to most NSW localities. Median household income of $135,928/year runs 39% above the New South Wales suburb median of $97,552, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Rent of $550/week (79% coverage of the $3,033/month median mortgage) leaves a gap of roughly $650/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 5 km from the Sydney CBD, Crows Nest sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Only 10% of dwellings are separate houses (vs 76% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Investment Tip

Regional property can deliver strong cash-flow yields but liquidity is tighter — plan for longer hold periods and verify local employment stability. Local rents consume roughly 21% of household income — a useful sanity check on tenant affordability.

Crows Nest vs New South Wales Median

How Crows Nest stacks up against the median of all New South Wales suburbs in our dataset. Positive values mean Crows Nest sits above the state median; negative means below.

MetricCrows NestNSW medianΔ vs state
Population4,9745,325-7%
Median household income$135,928/yr$97,552/yr+39%
Median rent (weekly)$550$430+28%
Median mortgage (monthly)$3,033$2,167+40%
Distance to CBD5 km45 km-89%
Separate houses10%76%-66pp

Investor Checklist

Pre-inspection briefing for Crows Nest — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Strong buy-and-hold fundamentals: household incomes run 39% above the New South Wales suburb median ($135,928 vs $97,552), and the 5 km CBD distance keeps this suburb in the primary demand zone. In New South Wales, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.

⚠️
Rental Yield

Moderate rental coverage: rent of $550/week covers 79% of a $3,033/month mortgage, leaving a $650/month gap that an investor bridges with equity, depreciation and tax benefits.

Renovation / Flip

Only 10% of dwellings are separate houses (vs 76% NSW median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Crows Nest property

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30-year projections for Crows Nest

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2026 Outlook

Growth: Strong Rental Demand: Low Investor Sentiment: Strong

Crows Nest enters 2026 with a demographic tailwind — household incomes 39% above the New South Wales suburb median of $97,552 and a population of 4,974 give it the depth and purchasing power to outperform the wider NSW market over the next 12–18 months. Rental coverage runs at ~79% of the typical mortgage ($2,383/month rent vs $3,033/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 80/100 places Crows Nest in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is Crows Nest a good suburb for investment?

Crows Nest scores 80/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 4,974, median household income of $135,928/year and median weekly rent of $550. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Crows Nest?

The main demand drivers in Crows Nest are proximity to Sydney (5 km), an above-state-median household income of $135,928/year, a dwelling mix that is 10% separate houses, roughly 1 schools and 2 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Crows Nest?

Crows Nest has a usual resident population of approximately 4,974, compared with a New South Wales suburb median of 5,325 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Crows Nest from the Sydney CBD?

Crows Nest sits 5 km straight-line from the Sydney CBD. This is inner-ring territory — pricing competes directly with established Sydney employment nodes.

What is the median rent in Crows Nest?

The most recent census recorded a median weekly rent of $550 in Crows Nest, equating to approximately $28,600/year in gross rental income (state median $430/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Crows Nest?

The median monthly mortgage repayment in Crows Nest is $3,033, or approximately $36,396/year (vs $2,167/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Crows Nest cash-flow positive for investors?

A median weekly rent of $550 works out to $2,383/month, covering 79% of the median mortgage repayment of $3,033/month. That leaves a $650/month shortfall (around $7,800/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Crows Nest?

The main risks are a thin buyer pool (4,974 residents), interest-rate sensitivity on the $3,033 median mortgage, a unit-heavy dwelling mix (10% houses) where body-corporate costs and apartment supply affect resale, the broader New South Wales market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Crows Nest profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

New South Wales Property Resources