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Suburb Insights ยท NSW 2324

Hawks Nest 2324, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Hawks Nest is a regional centre in New South Wales, Australia, with a population of approximately 1,413, making it a boutique locality. Located approximately 167 km from the Sydney CBD, Hawks Nest is a regional area in New South Wales. The median household income is $56,992 AUD per year (ABS 2021 Census).

Investment Score

24 / 100 Weak

Lower income levels in Hawks Nest typically translate to more affordable entry points for investors. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Hawks Nest, New South Wales, Australia.

Key Indicators

Postcode
2324

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

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Population
1,413

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

ABS Census Data โ†’
Median Rent (weekly)
$330/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
$56,992/yr

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

ABS Census Data โ†’
Distance to CBD
167 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
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,733/mo

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

ABS Census Data โ†’
Dwelling Type
34% 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, Hawks 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 $330/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,733/month. With only 34% separate houses, Hawks Nest has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Buy-and-hold in Hawks Nest carries higher risk due to limited demand drivers and slower growth fundamentals.

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Rental Yield

Rental yields in Hawks Nest are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Renovation or flip strategies in Hawks Nest face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for Hawks Nest

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Hawks Nest may remain subdued in 2026, with limited demand drivers in the near term. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Hawks Nest's 2026 outlook. Investor sentiment toward Hawks Nest is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Hawks Nest a good suburb for investment?

Hawks Nest is a regional area in New South Wales with a population of 1,413. The median rent is $330/week and the median household income is $56,992/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 Hawks Nest?

Key demand drivers in Hawks Nest include regional employment hubs, lifestyle, and affordability. 34% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Hawks Nest?

According to the ABS 2021 Census, Hawks Nest has a population of approximately 1,413. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Hawks Nest from the Sydney CBD?

Hawks Nest is approximately 167 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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