Powered by MOMENTUM MEDIA
AREA REPORTS

Hawks Nest

Suburb Profile

Hawks Nest - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2324

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 23.2% capital gain.

Property investors in HAWKS NEST enjoyed capital gains of 7.66% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $597,500.

Profits due to an upward trend in home prices there averaged 7.73% per annum over a 3-year period.

Home owners selling their properties and realtors in HAWKS NEST usually have to wait an average of 109.1 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $350 mark, reflecting a 3.05% increase in returns based on the current median price in HAWKS NEST.

HAWKS NEST, 2324 places 728th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $597,500 $410,000
GROWTH REPORT
Median Quarterly 0.42% -14.14%
Median 12 month 7.66% 11.19%
Median 3 years 23.2% 10.81%
Median 5 years 55.19% 30.16%
10 years average annual 4.94% 1.85%
Weekly media advert. rent $350 $300
Time on Market 109.1 days 102.8 days
Gross Rental Yield Percent 3.05% 3.8%
demographics (median values)
Total Population
1029
Weekly Household Income
592.3
Household Size
1.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Auction ban drives up withdrawal rates

Auction ban drives up withdrawal rates

The number of owners withdrawing their property from auction soared to 40 per cent last week, following the introduction of a ban on auction...

Grant Mifsud

‘Double trouble’: What the health crisis means for strata communities

As strata communities deal with a double dose of the coronavirus (COVID-19) pandemic impact, how can investors make sure to stay afloat in t...

Dan Creevey

COVID-19 could be a game changer for leases: expert

Amid uncertainties brought about by the ongoing health crisis, rental property owners are advised to be more cautious to avoid significant l...

Household wealth spikes

Household wealth spikes ahead of COVID-19 drag

Property prices grew over the last quarter of 2019, the latest ABS data reveals, spurring a record-high improvement in household wealth. ...

Industry reacts to straightforward rent pause

‘Overwhelmed and confused’: Industry reacts to ‘straightforward’ rent pause

States and territories will be placing a moratorium on evictions of persons as a result of financial distress very soon, but yesterday’s a...

housing

‘Sharp rebound’ expected for housing: La Trobe Financial

La Trobe Financial has announced it anticipates a “strong and sharp” rebound for the housing market, as well as for employment condition...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.