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Hawks Nest suburb profile

Hawks Nest is a picturesque coastal suburb located in the Mid-Coast region of New South Wales, known for its stunning beaches and tranquil atmosphere. Nestled between the Myall River and the Pacific Ocean, it offers a serene escape with pristine sandy shores and lush natural surroundings. The suburb is a popular destination for holidaymakers and nature enthusiasts, offering activities such as fishing, boating, and bushwalking. Hawks Nest's relaxed vibe, coupled with its proximity to the Myall Lakes National Park, makes it an ideal spot for those seeking a peaceful retreat with ample outdoor adventures.

Hawks Nest property market performance

Current median dwelling price$845,000Past 3 months

Property growth+5.9%Past 12 months

Hawks Nest’s property market has experienced a significant upswing over the past 12 months, with house values soaring by 23.6%, bringing the current median house price to $1.18 million. Unit values have remained unchanged during this period. The suburb has seen 21 houses sold and just 1 unit sold over the last year, highlighting limited activity in the unit market.

Houses in Hawks Nest are spending an average of 71 days on the market, indicating that buyers may be taking their time before committing. The rental market for houses has been booming, with average rents increasing by 16% to $580, while there is no change in the unit rental market due to a lack of activity.

HousesUnits
Median price
Past 3 months
$1.18MN/A
Change in value
Past 12 months
23.6%-11.8%
Sold
Past 3 months
211
Median days on market
Past 12 months
71N/A
Average rent
Past 12 months
$580N/A
Change in rent
Past 12 months
16.0%N/A

5 year median price trend for houses and units

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Hawks Nest demographics

Hawks Nest, a serene coastal suburb in New South Wales, is renowned for its tranquil beaches and relaxed lifestyle. With a population of 1,413, it offers a peaceful retreat from the hustle and bustle of city life. The median age of 61 indicates a community largely composed of retirees and older residents who are drawn to the area's natural beauty and slower pace of life. This demographic is reflected in the high percentage of couple families without children, which stands at 65.6%, highlighting the suburb's appeal to those seeking a quiet, family-oriented environment.

The housing landscape in Hawks Nest is characterized by a significant proportion of properties owned outright, accounting for 58% of the total. This suggests a stable community with long-term residents who have settled into the area. Meanwhile, 14.9% of properties are owned with a mortgage, and 27.1% are rented, offering a mix of housing options for both permanent residents and those seeking temporary stays, perhaps to enjoy the area's natural attractions.

The median total household income weekly is $1,096, which aligns with the suburb's demographic profile of retirees and older adults. The community's composition includes 19.6% of couple families with children and 13% of one-parent families, indicating a smaller presence of younger families. Hawks Nest's charm lies in its picturesque setting, making it an ideal location for those looking to enjoy a peaceful lifestyle by the sea, with the added benefit of a close-knit community atmosphere.

Hawks Nest infrastructure, key developments and investment opportunities

Hawks Nest remains a low-density coastal township with no major new transport or school infrastructure currently announced, which is helping preserve its quiet seaside character and limiting large-scale development pressure. However, ongoing tourism promotion and the popularity of Bennetts Beach, Hawks Nest Beach and nearby natural attractions continue to support demand for holiday homes and lifestyle properties, particularly among downsizers and Sydney or Newcastle buyers seeking weekend retreats.

Local amenities such as the established golf club and small retail and hospitality strip underpin day-to-day livability, but residents still rely on nearby centres for higher-order services, which can moderate rapid population growth. There are periodic discussions and planning processes around land use, environmental protection and development intensity in and around Hawks Nest, but at this stage there are no widely reported, large-scale infrastructure projects or rezonings that are expected to materially change the property market in the short term.

Hawks Nest rental market trends

The rental market in Hawks Nest has experienced notable growth, with house rents increasing 16% over the past year to $580 per week. Unit rents remain unchanged at $0. The suburb's appeal as a coastal destination with natural beauty and recreational opportunities makes it an attractive option for renters and investors alike, despite limited unit rental activity.

Suburbs near Hawks Nest

Some popular suburbs near Hawks Nest include:

How does Hawks Nest compare to nearby suburbs?

  • Median house prices: Hawks Nest’s median house price is 34.9% higher than Tea Gardens’s.
  • Median unit prices: Hawks Nest’s median unit price is 28.7% lower than Shoal Bay’s.
  • House price growth: Over the past 12 months, house prices in Hawks Nest have grown 24.1% higher than in Tea Gardens.
  • Unit price growth: Property prices in nearby Shoal Bay have risen 8.2% more than in Hawks Nest over the past year.
  • Selling speed for houses: Properties in Hawks Nest are selling 33.6% faster than in Tea Gardens.

Common questions about Hawks Nest

  • Is Hawks Nest a nice place to live?

    Hawks Nest is a delightful coastal suburb that offers a serene and peaceful lifestyle, perfect for those who appreciate the beauty of nature and a slower pace of life. With its charming beaches and lush surroundings, it provides a picturesque setting that is hard to resist. The suburb exudes a relaxed vibe, making it an ideal place for families who enjoy outdoor activities and a close-knit community atmosphere. The local amenities, including a golf club and a small retail strip, cater to everyday needs, while the proximity to natural attractions ensures there's always something to do, whether it's a day at the beach or a leisurely walk in nature.

    For families, Hawks Nest offers a safe and welcoming environment, although it's worth noting that the suburb is more popular with retirees and older residents. This demographic trend means that while the community is stable and friendly, younger families might find fewer peers in the area. Additionally, the lack of major new transport or school infrastructure could be a consideration for those with school-aged children. However, the trade-off is a peaceful, low-density living experience that is increasingly rare in more developed areas.

    While Hawks Nest may not have the bustling nightlife or extensive shopping options of a larger city, its charm lies in its tranquility and natural beauty. The suburb's appeal is undeniable for those seeking a retreat from the hustle and bustle, with the added benefit of being part of a supportive and friendly community. Whether you're looking for a permanent home or a weekend getaway, Hawks Nest offers a unique blend of coastal living and community spirit that is truly special.

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  • Is it expensive to live in Hawks Nest?

    Living in Hawks Nest can be quite expensive, especially when you consider the property market. The median house price is currently around $1,180,000, which is quite high compared to many other areas. For those looking to rent, the average rent for houses is approximately $580 per week. It's important to note that there are no units available, which limits more affordable housing options.

    When you compare these figures to the average annual wage in Hawks Nest, which is about $61,000, it becomes clear that a significant portion of income would need to be allocated towards housing costs. This is particularly evident when you consider that the median total household income weekly is $1,096, which may not stretch far enough to comfortably cover housing expenses alongside other living costs.

    Overall, while Hawks Nest offers a beautiful coastal lifestyle, the cost of living, particularly in terms of housing, is on the higher side. If you are thinking of living in Hawks Nest, it's crucial to evaluate your financial situation to ensure it aligns with the expenses associated with residing in this picturesque suburb.

    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 Hawks Nest a good place to invest?

    Hawks Nest is showing promising signs as a potential investment hotspot, particularly for those interested in houses. Over the past year, the suburb has experienced a significant 23.6% increase in median house values, indicating strong demand and a thriving market. This growth suggests that Hawks Nest is becoming increasingly popular, likely due to its appealing coastal lifestyle and proximity to natural attractions, which are highly sought after by both buyers and renters.

    While the median unit values and rents have remained stable with no change over the last 12 months, the rental market for houses has seen a notable 16% increase. This rise in rental prices for houses suggests a growing demand for family homes, making it an attractive option for investors seeking rental income. The stability in unit prices and rents might indicate a more balanced market, offering potential for future growth as the suburb continues to develop.

    Overall, Hawks Nest presents a compelling opportunity for investors, especially in the housing sector. Its recent growth in house values and rental demand highlights its potential for capital appreciation and rental returns. As the suburb continues to gain popularity, it could offer a solid investment choice for those looking to capitalize on its coastal charm and increasing desirability.

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Choose the right real estate agents in Hawks Nest

Currently, there are 8 real estate agents working in Hawks Nest—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 8 agents sold 93.5% of all properties in Hawks Nest 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 Hawks Nest typically charge a commission of 2.29% to 3.25%. 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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