Crestwood
Suburb profile, market snapshot and recent listings for Crestwood, NSW 2620.
About Crestwood
Welcome to Crestwood
Crestwood is a small residential pocket on the New South Wales side of the Queanbeyan-Canberra region, tucked among Queanbeyan, Queanbeyan West, Queanbeyan East, Karabar and Greenleigh. It's the kind of suburb many Canberrans know as a practical, well-priced alternative to the ACT, offering easy access to the national capital without the Canberra price tag.
With a population of just under 5,000 and a median age of 35, Crestwood has settled into itself as a family-friendly, established suburb rather than a new estate still finding its feet. It suits first-home buyers, young families and anyone who wants a quieter residential setting with Queanbeyan's shops and services close at hand.
Lifestyle & dining
Crestwood itself is predominantly residential, so day-to-day life tends to revolve around neighbouring Queanbeyan, just a short drive away, where the café strips, pubs and restaurants along Monaro Street and Crawford Street cover most needs. It's a low-key lifestyle by design: quiet streets, backyards, and a sense of space that's harder to find across the border in Canberra's more built-up suburbs.
For bigger nights out or a wider spread of dining options, Canberra's Civic and Fyshwick precincts are within easy reach, making Crestwood a good base for those who want suburban calm with the city still on the doorstep.
Shopping
Queanbeyan's retail core, including Riverside Plaza and the Monaro Street shopping strip, serves as Crestwood's main shopping destination, covering supermarkets, specialty stores and everyday essentials. Karabar and Greenleigh also have local shopping options nearby, while Canberra's larger shopping centres are a short drive over the border for anything more specialised.
Getting around
Crestwood's location just outside Queanbeyan makes it a genuinely convenient spot for commuters into Canberra, particularly for those working in Civic, Fyshwick or the Parliamentary Triangle. Local and regional bus services connect the suburb to Queanbeyan and on into the ACT's public transport network, while the Queanbeyan railway station provides a rail link for those heading further afield.
The Monaro Highway and Kings Highway both run close by, making car travel straightforward whether the destination is central Canberra, the coast, or other parts of the Queanbeyan-Palerang region.
Schools & families
With a median age of 35, Crestwood has a solid base of young and establishing families, and nearby Karabar and Queanbeyan offer a good spread of public and Catholic primary and high schools. The suburb's quiet layout and proximity to established community infrastructure in Queanbeyan make it a practical choice for families wanting settled surrounds without straying too far from Canberra's employment hubs.
Housing & architecture
Crestwood's housing stock is genuinely mixed, and current listings reflect that diversity: apartments and units make up around half of what's on the market, houses account for about a third, with townhouses and land making up the remainder. That spread gives buyers real choice, from low-maintenance units through to freestanding houses on suburban blocks.
Median prices sit at $790,000 for houses and $361,000 for units, a gap that highlights just how differently the two ends of the market perform here and gives entry-level buyers a genuine foothold that's increasingly hard to find closer to central Canberra.
The property market
House prices in Crestwood have grown by 4.6% recently, a solid result that points to steady, ongoing demand rather than a speculative spike. Median weekly rent of $675 suggests healthy tenant demand too, likely fuelled by renters priced out of, or simply looking to avoid, the ACT market just across the border.
With such a strong presence of apartments and townhouses in current listings alongside traditional houses, Crestwood offers something for a range of budgets, from investors chasing rental yield to owner-occupiers wanting a house with a backyard within commuting distance of Canberra.
Market snapshot
Crestwood property market
Median sale price
$790k
House · 3 bed
Median rent
$675
per week
Gross rental yield
4.4%
annual rent ÷ sale price
Typical price range
Entry
$600k
Median
$790k
Premium
$896k
Days on market
42
Auction clearance
77%
Sold this year
31
Median sold price trend · House 3 bed
Compound growth +2.0% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Crestwood by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Crestwood, NSW 2620.
Population
4,936
residents (2021)
Median age
35
years
Household income
$1,719
median, per week
Median rent
$320
per week
Median mortgage
$1,733
per month
Mortgage / income
23%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Crestwood
$350k
14/15 Crest Road
Sold ~July 2026
$1.05m
5 Elliott Street
Sold ~July 2026
$870k
26 Early Street
Sold ~July 2026
$475k
6/88 Henderson Road
Sold ~July 2026
$345k
43/85 Derrima Road
Sold ~July 2026
$500k
9/88 Henderson Road
Sold ~June 2026
$899k
45 Surveyor Street
Sold ~June 2026
$359k
68 Morton Street
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Crestwood
Compare the area
Price map around Crestwood
Every listing for sale near Crestwood, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Common questions
Crestwood suburb FAQ
What is the median property price in Crestwood?
The median unit price in Crestwood, NSW is $361k for a 2-bedroom home. Over the past year, median sold prices have risen about 3.1%.
How much is rent in Crestwood?
The median weekly rent in Crestwood is around $450 per week.
Is Crestwood a good place to live?
Crestwood is an established residential suburb in NSW, with a population of around 4,936.
What is the population of Crestwood?
Crestwood has a population of 4,936 (ABS 2021 Census), with a median age of 35.
How long do homes take to sell in Crestwood?
Properties in Crestwood take around 46 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Crestwood?
Entry-level properties in Crestwood start around $307k, while premium homes reach $473k.
What suburbs are near Crestwood?
Suburbs near Crestwood include Queanbeyan, Queanbeyan West, Queanbeyan East, Karabar and Greenleigh.
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