True Cost of Buying in Hawks Nest

2324 NSW · 280km to CBD

Stable

Market Intelligence

Hawks Nest, NSW 2324 is a charming coastal suburb that offers a relaxed lifestyle, with a strong focus on community and outdoor activities. The median house price is $850,000, and the median unit price is $520,000, indicating a relatively high-end market. With a population of 1200 residents, the suburb maintains a tight-knit atmosphere, perfect for families and retirees. The walkability score of 45.0/100 suggests that while the suburb is not highly walkable, residents can still enjoy the scenic views and beaches. The schools rating of 6.0/10 and safety rating of 9.0/10 provide reassurance for families. As an investment, Hawks Nest has a moderate to high potential, with an investment score of 72.0/100 and growth potential of 68.0/100. The rental yield for houses is 3.2%, and the vacancy rate is 1.8%, indicating a relatively stable rental market. However, the distance to the CBD is 280.0km, which may deter some investors. Overall, Hawks Nest is an attractive option for those seeking a laid-back lifestyle and a potentially strong long-term investment.

High safety rating of 9.0/10, indicating a secure environment for residentsRelaxed coastal lifestyle with scenic views and beachesModerate to high investment potential, with an investment score of 72.0/100Strong growth potential of 68.0/100, indicating potential long-term appreciationLow vacancy rate of 1.8%, suggesting a stable rental market

Market Snapshot

Median House

$850K

+8.5% 1yr

Median Apartment

$520K

+6.2% 1yr

Median Townhouse

Vacancy Rate

1.8%

45 avg DOM

Yield (Apartment)

4.1%

Yield (House)

3.2%

Auction Clearance

68%

Population

1,200

True Cost Breakdown

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

Apartment

$3,671/mo

Purchase Price

$520,000

Stamp Duty

$17,930

1st Year Total

$44,048

House

$5,077/mo

Purchase Price

$850,000

Stamp Duty

$32,780

1st Year Total

$60,926

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Community Profile

Median Income

$52,000

Median Age

58

Family Households

45%

Owner-Occupied

72%

Walkability

45/100

Public Transport

1/10

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