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Crows Nest vs Pagewood

Property investment comparison - Crows Nest, NSW 2065 vs Pagewood, NSW 2035

Head-to-head across core investment metrics: Crows Nest wins 0, Pagewood wins 6. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricCrows NestPagewood
Median house price$2.8M$2.8M
Median unit price$1.0M$1.0M
Gross rental yield (houses)2.26%-
Gross rental yield (units)3.80%4.38%
1-year house growth-13.4%+0.4%
3-year house growth+12.2%+12.4%
Vacancy rate1.2%0.7%
Population4,9743,885

Crows Nest vs Pagewood: what the numbers say

The median house price is $2.8M in Crows Nest and $2.8M in Pagewood, so Pagewood is the cheaper entry point.

For units, Crows Nest sits at a median of $1.0M against $1.0M in Pagewood, which makes Pagewood the more affordable unit market and Crows Nest the pricier one.

Over the past year house prices moved -13.4% in Crows Nest and +0.4% in Pagewood, so recent momentum favours Pagewood, while Crows Nest went backwards.

Looking back three years, Crows Nest houses are +12.2% and Pagewood houses +12.4%, so Pagewood has compounded faster than Crows Nest over the longer window.

Rental vacancy is 0.7% in Pagewood and 1.2% in Crows Nest, so landlords in Pagewood face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Crows Nest is the bigger suburb, with a population of 4,974 against 3,885, larger than Pagewood; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Pagewood for a lower purchase price, Pagewood for recent price momentum, Pagewood for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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