What is the true cost of buying an apartment in Crows Nest?

The median apartment in Crows Nest is $950,000. Including stamp duty ($37,280), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $70,148, or $5,846/month.

What does it really cost to buy a house in Crows Nest?

The median house in Crows Nest is $2,850,000. True first-year cost including stamp duty ($139,160), rates, insurance, maintenance, and mortgage repayments is approximately $192,282.

What is the vacancy rate in Crows Nest?

Crows Nest currently has a vacancy rate of 1.8%. Properties average 28 days on market.

buyer.chat

True Cost of Buying in Crows Nest

2065 NSW · 5km to CBD

Rising

Market Intelligence

Crows Nest is a vibrant inner-city suburb on Sydney's Lower North Shore, positioned just 5.2km from the CBD. With a population of 4,200, it's a densely populated urban enclave dominated by modern apartments (68%) that attract young professionals and couples. The suburb has undergone significant transformation with the opening of Crows Nest Metro Station in 2024, dramatically improving connectivity and driving urban renewal. The demographic profile shows a highly educated population (48% university educated) with strong incomes (median $95,000) and a cosmopolitan mix (42% born overseas). Property values reflect its premium location, with median house prices at $2.15M and units at $820K. The area offers excellent walkability (88/100) with Willoughby Road forming a bustling commercial spine filled with cafes and restaurants. While family-friendly amenities are limited, the suburb excels as a lifestyle destination for professionals seeking urban convenience, strong transport links, and proximity to both the CBD and North Shore amenities.

New Crows Nest Metro Station providing direct CBD connectivityPremium Lower North Shore location with strong capital growthVibrant cafe and restaurant scene along Willoughby RoadHigh walkability score and urban convenienceStrong rental demand from young professionals

Market Snapshot

Median House

$2.9M

+8.5% 1yr

Median Apartment

$950K

+12.2% 1yr

Median Townhouse

$1.8M

Vacancy Rate

1.8%

28 avg DOM

Yield (Apartment)

4.8%

Yield (House)

3.2%

Auction Clearance

78%

Population

4,800

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$5,846/mo

Purchase Price

$950,000

Stamp Duty

$37,280

1st Year Total

$70,148

House

$16,024/mo

Purchase Price

$2,850,000

Stamp Duty

$139,160

1st Year Total

$192,282

Townhouse

$9,691/mo

Purchase Price

$1,750,000

Stamp Duty

$78,660

1st Year Total

$116,288

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

Open Calculator