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Crookwell suburb profile

Crookwell is a charming rural town located in the Southern Tablelands of New South Wales, approximately 240km southwest of Sydney. Known for its picturesque landscapes and cool climate, Crookwell offers a peaceful country lifestyle with a strong sense of community. The town is famous for its rich agricultural heritage, particularly in wool production, and hosts the annual Crookwell Show, celebrating local produce and crafts. With its historic buildings, boutique shops, and welcoming atmosphere, Crookwell attracts visitors seeking a tranquil escape and residents who appreciate the simplicity and beauty of rural living.

Crookwell property market performance

Crookwell’s property market has experienced steady growth over the past 12 months, with house values rising by 4.2%. The current median house price stands at $650,000. Due to the lack of unit sales, the median unit price remains unchanged at $0.

In terms of activity, 22 houses and just 1 unit have been sold in the last year, with houses spending a median of 99 days on the market. This suggests a slower sales pace in the housing sector.

The rental market in Crookwell has seen a 4.3% increase for houses, pushing the average rent to $480 per week, while units remain unavailable for rent, highlighting the suburb’s limited rental options.

HousesUnits
Median price
Past 3 months
$650KN/A
Change in value
Past 12 months
4.2%N/A
Sold
Past 3 months
221
Median days on market
Past 12 months
99N/A
Average rent
Past 12 months
$480N/A
Change in rent
Past 12 months
4.3%N/A

5 year median price trend for houses and units

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Crookwell demographics

Crookwell, nestled in the Southern Tablelands of New South Wales, is a charming rural town known for its picturesque landscapes and close-knit community. With a population of 2,686, Crookwell offers a serene lifestyle away from the hustle and bustle of city life. The median age of 52 indicates a mature population, with many residents enjoying the tranquility and slower pace that the town provides. This makes Crookwell an attractive destination for retirees and those seeking a peaceful environment.

The town's housing market is characterized by a high rate of outright home ownership, with 56% of properties owned outright. This reflects the stability and long-term residency of its inhabitants. Additionally, 26.4% of homes are owned with a mortgage, while only 17.6% are rented, highlighting a community that values home ownership and permanence. The family structure in Crookwell is predominantly composed of couple families without children, making up 49.8% of the population, followed by couple families with children at 33.3%.

Crookwell's economy is supported by agriculture and local businesses, contributing to a modest median household income of $1,196 per week. The town's rural charm, combined with its strong sense of community and scenic surroundings, makes it a desirable location for those looking to enjoy a relaxed and fulfilling lifestyle. Whether you're drawn to its rolling hills, historic buildings, or friendly atmosphere, Crookwell offers a unique blend of country living and community spirit.

Crookwell infrastructure, key developments and investment opportunities

Crookwell benefits from steady investment in essential services, with the local district hospital providing 24-hour emergency care and modern health facilities that support the town’s appeal for retirees and families seeking reliable medical access.[5] Proximity to larger employment and service hubs such as Goulburn and Canberra, both within practical commuting distance, underpins demand from buyers looking for more affordable housing while retaining access to broader job markets and amenities.[3][5]

The town’s position on the Great Dividing Range and access to nearby natural attractions and agricultural land continue to shape its long-term planning focus around rural lifestyle, tourism and sustainable growth, which generally supports property values over time.[3][5] At present, there are no widely publicised major new transport links, school builds or large-scale redevelopment projects specific to Crookwell, so local property dynamics are being driven more by regional lifestyle demand and existing infrastructure than by new infrastructure-led change.[3]

Crookwell rental market trends

The rental market in Crookwell has seen a modest increase, with house rents rising 4.3% over the past year to $480 per week. However, unit rents have remained stable at $0, indicating limited availability in this segment. Crookwell presents unique opportunities for renters and investors seeking affordability in a regional setting.

Suburbs near Crookwell

Some popular suburbs near Crookwell include:

How does Crookwell compare to nearby suburbs?

  • Median house prices: Crookwell’s median house price is 8.5% lower than Goulburn’s.
  • House price growth: Property prices in nearby Run-O-Waters have risen 0.1% more than in Crookwell over the past year.
  • Selling speed for houses: Properties in nearby Goulburn are selling 56.6% faster than in Crookwell.

Common questions about Crookwell

  • Is Crookwell a nice place to live?

    Crookwell is a delightful place to call home, offering a serene and picturesque lifestyle that is perfect for those who appreciate the charm of rural living. The town is known for its welcoming atmosphere and strong sense of community, making it an ideal location for families and retirees alike. With its historic buildings and boutique shops, Crookwell exudes a quaint and inviting vibe that draws residents and visitors seeking a peaceful escape from the hustle and bustle of city life.

    Living in Crookwell means enjoying the benefits of a close-knit community while still having access to essential amenities. The local district hospital provides reliable medical care, which is a significant advantage for families and retirees. While the town itself offers a range of local businesses and services, its proximity to larger hubs like Goulburn and Canberra ensures that residents can easily access broader employment opportunities and amenities when needed.

    For families, Crookwell provides a safe and nurturing environment with plenty of outdoor spaces to explore. The town's rural setting offers numerous opportunities for outdoor activities, from leisurely walks in the countryside to participating in community events like the annual Crookwell Show. However, it's important to note that while Crookwell offers a peaceful lifestyle, it may lack some of the modern conveniences and entertainment options found in larger urban areas. This trade-off is often outweighed by the town's tranquil environment and the strong sense of belonging it fosters among its residents.

    Overall, Crookwell is a charming and peaceful place to live, offering a unique blend of rural beauty and community spirit. Whether you're looking to raise a family in a safe and supportive environment or seeking a quiet retreat in your retirement years, Crookwell provides a fulfilling lifestyle that many find hard to resist.

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  • Is it expensive to live in Crookwell?

    Living in Crookwell offers a more affordable lifestyle compared to many other parts of New South Wales. The median house price in Crookwell is $650,000, which is significantly lower than the prices you'll find in Sydney or other major cities within the state. This makes purchasing a home in Crookwell more attainable for those looking to settle in a regional area.

    When it comes to renting, the average rent for houses is around $480 per week. This is relatively reasonable, especially when you consider the median total household income in Crookwell is $1,196 per week. In comparison, the average annual salary in New South Wales is about $108,000, which translates to approximately $2,077 per week. This suggests that while the cost of living in Crookwell is manageable, it might still require careful budgeting, particularly for those earning closer to the local median income.

    Overall, Crookwell provides a more cost-effective living environment compared to the bustling city life, with the added charm of a regional town. If you are thinking of living in Crookwell, it's a great option for those seeking a balance between affordability and a peaceful lifestyle away from the city's hustle and bustle.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Crookwell a good place to invest?

    Crookwell presents a stable investment opportunity, particularly for those interested in the housing market. Over the past year, the suburb has experienced a 4.2% increase in median house values, indicating a steady appreciation in property prices. This growth, coupled with a 4.3% rise in house rents, suggests a consistent demand for housing, making it appealing for investors seeking reliable rental income.

    While unit values and rents have remained unchanged, the stability in this segment might appeal to investors looking for low-risk, long-term options. Crookwell's charm lies in its rural setting, offering a peaceful lifestyle that attracts families and retirees, which could sustain demand for housing in the future. Overall, Crookwell offers a balanced investment landscape with moderate growth potential, particularly in the housing sector, making it a worthwhile consideration for those seeking steady returns.

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Choose the right real estate agents in Crookwell

Currently, there are 26 real estate agents working in Crookwell—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 26 agents sold 71.8% of all properties in Crookwell over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Crookwell typically charge a commission of 1.95% to 3.07%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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