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Crookwell
AREA REPORTS

Crookwell

Crookwell - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2583

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Homeowners and real estate investors betting on CROOKWELL, 2583 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 15.22%.

A steady increase in median property prices over a five-year period in the suburb translates to a 31.4% capital gain.

Property investors in CROOKWELL enjoyed capital gains of 15.22% 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 $397,500.

Profits due to an upward trend in home prices there averaged 10.47% per annum over a 3-year period.

Home owners selling their properties and realtors in CROOKWELL usually have to wait an average of 114.7 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $340 mark, reflecting a 4.45% increase in returns based on the current median price in CROOKWELL.

CROOKWELL, 2583 places 193rd in Australia based on median property value growth during the quarter.

Data report can be found below

Crookwell
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $397,500 N/A
GROWTH REPORT
Median Quarterly 8.9% N/A
Median 12 month 15.22% N/A
Median 3 years 31.4% N/A
Median 5 years 44.55% N/A
10 years average annual 6.02% N/A
Weekly media advert. rent $340 N/A
Time on Market 114.7 days N/A
Gross Rental Yield Percent 4.45% N/A
demographics (median values)*
Total Population
4382
Weekly Household Income
1011
Household Size
2.30
Age
51
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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