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Crestwood

Suburb Profile

Crestwood - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2620

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unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

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 $583,000.

The upward trend in home prices in CRESTWOOD, 2620 averaged 8.91% per annum over a 3-year period.

Average weekly rents on listings have reached the $500 mark, reflecting a 4.46% increase in returns based on the current median price in CRESTWOOD.

An average of 4.17 real estate transactions take place per month in CRESTWOOD which translates to 50 per annum.

50 properties were sold in CRESTWOOD in 2016, making it the 363rd most active market in NSW based on total real estate transactions.

CRESTWOOD, 2620 places 517th 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 $583,000 $225,000
GROWTH REPORT
Median Quarterly 2.28% -3.02%
Median 12 month 2.28% -10.36%
Median 3 years 26.74% -4.26%
Median 5 years 29.56% -26.47%
10 years average annual 3.4% -1.03%
Weekly media advert. rent $500 $300
Time on Market 82.0 days 74.7 days
Gross Rental Yield Percent 4.46% 6.93%
demographics (median values)
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