Crows Nest

Source: RP data Dec 2020,APM Dec 2020 Houses are renting for a premium price in Crows Nest, the average rental price for a house in our office was $1,650pw.We leased these two properties in Hayberry Street and Ernest Street in the very first week. If you are an investor looking to buy, an owner or landlord with a property to rent, we’d love the opportunity to help you, please contact me. Alex Sullivan 0422 378 865 alex.sullivan @ belleproperty.com Apartment average weekly rent is $540pw House average weekly rent is $900pw Crows Nest & Cammeray Vacancy Rate – 5.3% Belle Property Neutral Bay Vacancy Rate – 1.5% APARTMENT YIELD 3.3% HOUSE YIELD 2.4% CROWS NEST – THE BEST TO INVEST? With the rental market being severely impacted this year due to COVID-19, it may come as a surprise that Crows Nest topped the list of growth suburbs with a 29% increase this year in apartments, whilst the median rental price has only dropped by $10 this year.With the new metro coming in 2024, this has potential to make Crows Nest a great suburb to invest in. RENTAL MARKET UPDATE FROM ALEX 90 Hayberry St, Crows Nest 99 Ernest St, Crows Nest