Your Crows Nest Mortgage Broker
The Crows Nest and St Leonards area of the Lower North Shore of Sydney is one of the best places to live in Sydney. With boutique cafe’s, great pubs and transport connections Crows Nest is the fun, vibrant neighbour of the business hubs that are North Sydney, and St Leonards. Connected loans have been helping the people of Crows Nest fund their dream homes or investments for the past 30 years. We’ve watched the suburb mature as the Royal North Shore Hospital, and North Sydney CBD attract some of Sydney’s best business and health professionals. Keep Reading to get in the inside word on what you need to know about Crows Nest.
What is it like to live in Crows Nest?
Located just 5 kilometres north of the Sydney CBD Crows Nest is perched on the upper northern perimeter of Sydney’s Lower North Shore. Well known for its thriving nightlife, there’s no doubt if you end up living on the North Shore you’ll spend a night or two at one of Crows Nest’s restaurants, bars or pubs. Crows Nest is one of Sydney’s safest nightlife hotspots meaning living close to the main strip isn’t a hassle. Likewise, if you’ve landed a job on the North Shore or in North Sydney specifically, Crows Nest is without a doubt one of the best places to live. Crows Nest is close enough to the CBD for a convenient short commute and far enough to uphold its warm and friendly vibe.
It’s no surprise to us that Crows Nest was awarded the Most Liveable Suburb in Sydney, in the Urban Living Index out of 228 other suburbs in Sydney. The index measures the affordability, community, employability, amenity and accessibility of an area, and it’s safe to say that Crows Nest ticks all of those boxes with its own unique touch of class.
Crows Nest Suburb Investment Profile
Crows Nest may not have the allure or class of Neutral Bay or harbour views like Mosman, but it has something unique to Sydney’s Lower North Shore, vibrancy. With quick and easy public transport connections and a diverse range of properties available, Crows Nest is quickly becoming the hub of the Lower North Shore. Crows Nest is a suburb on the rise with a population of 4,798 people, with 44.81% of its residents live in rental accommodation. Median property prices over the last year range from $2,200,000 for houses to $920,000 for units. If you are looking for an investment property, Crows Nest offers an appetising opportunity with the average house in Crows Nest renting out from $930 PW an annual rental yield of 2.2%, and units rent from $500 PW with a rental yield of 2.8%. Crows Nest has seen a growth rate of 14.29% compared to last year and the average time to sell a house/townhouse is now sitting at 38 days.
At Connected Loans, we believe lending should be an enjoyable experience, regardless of what you’re borrowing for. Our difference is we start with actually listening to what you need, to help you get the right loan. We then use the contacts we have made over 30 years in the industry to find the right solution for you. We’re a locally owned company, with 30 years of experience in the Crows Nest area. If you’d like to find out more about us or any of our lending solutions, get in touch.