Crestwood

Population growth drivers in Crestwood are above average based on AreaSearch's ranking of recent, and medium to long-term trends

As of Feb 2026, the estimated population of Crestwood is around 4,912, a decrease of 24 people from the 2021 Census figure of 4,936. This decrease is inferred from AreaSearch's estimate of 4,906 residents, based on their examination of the latest ERP data release by the ABS in June 2024 and validation of 12 new addresses since the Census date. The population density ratio is 2,506 persons per square kilometer, placing Crestwood in the upper quartile relative to other locations assessed by AreaSearch. Overseas migration contributed approximately 73.0% of overall population gains during recent periods. For projections until 2041, AreaSearch uses ABS/Geoscience Australia data released in 2024 with a base year of 2022 for covered SA2 areas and NSW State Government's SA2 level projections released in 2022 with a base year of 2021 for uncovered areas.

Growth rates by age group are applied to all areas from 2032 to 2041. Based on these aggregations, Crestwood is forecasted to increase its population by 1,438 persons to 2041, reflecting a total increase of 29.1% over the 17 years.

The level of residential development activity in Crestwood is very low in comparison to the average area assessed nationally by AreaSearch

Crestwood has seen limited development activity over the past five years, with an average of 3 approvals per year, totalling 16. This low level is typical of rural areas where housing needs are modest and construction activity is restricted by local demand and infrastructure capacity. Yearly growth figures and relativities can vary significantly due to the small number of approvals.

Crestwood's development levels are substantially lower than those in Rest of NSW, and well below national averages. New developments consist of 33% detached dwellings and 67% townhouses or apartments, reflecting a trend towards denser housing that appeals to downsizers, investors, and entry-level buyers. With approximately 1415 people per dwelling approval, Crestwood's market is highly mature. By 2041, Crestwood's population is expected to grow by 1,432 residents, according to the latest AreaSearch quarterly estimate. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing buyer competition and supporting stronger price growth.

Looking ahead, Crestwood is expected to grow by 1,432 residents through to 2041 (from the latest AreaSearch quarterly estimate). If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

Crestwood has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified one major project likely affecting the region: Yass Road, Bungendore Road and Ellerton Drive Intersection Upgrade; Queanbeyan Regional Integrated Transport Plan; Queanbeyan CBD Towers; and Queanbeyan Sewage Treatment Plant Upgrade are key projects, with the following list detailing those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch analysis reveals Crestwood significantly outperforming the majority of regions assessed nationwide

Crestwood's workforce is highly educated with significant representation in essential services sectors. The unemployment rate was 2.4% as of AreaSearch's statistical area data aggregation. As of December 2025, 2,884 residents were employed, with an unemployment rate of 1.6%, below Regional NSW's rate of 3.9%.

Workforce participation in Crestwood was 72.0%, higher than Regional NSW's 61.3%. According to Census responses, only 7.6% of residents worked from home, considering Covid-19 lockdown impacts. The primary industries for employment among residents were public administration & safety, health care & social assistance, and construction. Crestwood had a notable concentration in public administration & safety, with employment levels at 3.1 times the regional average.

Conversely, agriculture, forestry & fishing had limited presence with only 0.2% employment compared to Regional NSW's 5.3%. The predominantly residential area appeared to offer limited local employment opportunities based on Census working population vs resident population comparison. Between December 2024 and December 2025, Crestwood's labour force decreased by 4.8%, with employment declining by 4.0%, resulting in a 0.8 percentage point drop in unemployment. In contrast, Regional NSW experienced an employment decline of 1.2%, labour force decline of 0.8%, and a 0.4 percentage point rise in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 projected a 6.6% expansion over five years and 13.7% over ten years for national employment. Applying these projections to Crestwood's employment mix suggested local employment should increase by 6.2% over five years and 12.9% over ten years, though these are simple weighting extrapolations for illustrative purposes and do not account for localized population projections.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

The suburb of Crestwood's income level aligns with national averages, as per latest ATO data aggregated by AreaSearch for financial year 2023. The median income among taxpayers in Crestwood is $57,137, and the average income stands at $67,268. These figures compare to Regional NSW's median income of $52,390 and average income of $65,215. Based on Wage Price Index growth of 8.86% since financial year 2023, current estimates for Crestwood would be approximately $62,199 (median) and $73,228 (average) as of September 2025. According to the 2021 Census, personal income ranks at the 77th percentile ($982 weekly), while household income sits at the 48th percentile. The largest income bracket comprises 35.7% earning $1,500 - $2,999 weekly (1,753 residents), mirroring the surrounding region where 29.9% occupy this bracket. Housing affordability pressures are severe, with only 84.1% of income remaining after housing costs, ranking at the 49th percentile. The area's SEIFA income ranking places it in the 5th decile.

Crestwood displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region

As of the latest Census, dwelling structures in Crestwood consisted of 45.7% houses and 54.3% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Regional NSW's 82.6% houses and 17.4% other dwellings. Home ownership in Crestwood stood at 23.4%, with mortgaged dwellings at 34.2% and rented ones at 42.4%. The median monthly mortgage repayment was $1,733, aligning with Regional NSW's average. The median weekly rent was recorded at $320, compared to Regional NSW's $330. Nationally, Crestwood's mortgage repayments were lower than the Australian average of $1,863, while rents were substantially below the national figure of $375.

Crestwood features high concentrations of lone person households and group households, with a lower-than-average median household size

Family households account for 57.4% of all households, including 23.0% couples with children, 22.8% couples without children, and 10.1% single parent families. Non-family households constitute the remaining 42.6%, with lone person households at 38.8% and group households comprising 3.9%. The median household size is 2.2 people, which is smaller than the Regional NSW average of 2.4.

Educational attainment in Crestwood aligns closely with national averages, showing typical qualification patterns and performance metrics

The area's university qualification rate is 30.2%, exceeding the Rest of NSW average of 21.3% and the SA4 region's rate of 24.1%. Bachelor degrees are most common at 17.3%, followed by postgraduate qualifications (10.6%) and graduate diplomas (2.3%). Vocational credentials are held by 33.0% of residents aged 15+, with advanced diplomas at 11.1% and certificates at 21.9%.

Educational participation is high, with 26.7% of residents currently enrolled in formal education. This includes 8.3% in primary, 5.5% in tertiary, and 5.0% in secondary education.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Crestwood has 30 active public transport stops, all of which are bus stops. These stops are served by 31 different routes that together facilitate 536 weekly passenger trips. The area's transport accessibility is rated as excellent, with residents on average being located just 145 meters from the nearest stop. As a predominantly residential zone, most inhabitants commute outward. Cars remain the primary mode of transportation, used by 90% of residents. On average, there are 1.1 vehicles per dwelling in Crestwood, which is below the regional average.

According to the 2021 Census, only 7.6% of residents work from home, a figure that might be influenced by COVID-19 conditions. The service frequency across all routes averages 76 trips per day, equating to roughly 17 weekly trips per stop.

Health performance in Crestwood is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

Crestwood faces significant health challenges according to AreaSearch's assessment.

Mortality rates and chronic condition prevalence are high, with common health conditions prevalent across both younger and older age groups. Private health cover is higher than average at approximately 54% of the total population (~2,629 people). The most common medical conditions are mental health issues affecting 9.8% of residents and asthma impacting 8.1%. A majority, 68.5%, report having no medical ailments compared to 63.3% across Regional NSW. Working-age residents have a higher prevalence of chronic health conditions. The area has 11.7% of residents aged 65 and over (574 people), lower than the 23.4% in Regional NSW. Health outcomes among seniors present some challenges, with national rankings broadly in line with the general population.

The level of cultural diversity witnessed in Crestwood was found to be above average when compared nationally for a number of language and cultural background related metrics

Crestwood's population was found to be more culturally diverse than most local markets, with 29.9% born overseas and 26.7% speaking a language other than English at home. Christianity was the main religion in Crestwood, comprising 46.6% of its population. However, the most significant overrepresentation was seen in the 'Other' category, which made up 3.7% of Crestwood's population compared to Regional NSW's 0.8%.

In terms of ancestry, Australian was the top group at 23.2%, followed by English at 22.4%, and Other at 14.5%. These figures were notably lower than regional averages for Australian (30.0%) and English (30.5%), but substantially higher for Other (4.8%). Additionally, certain ethnic groups showed notable divergences: Macedonian was overrepresented at 1.6% compared to the regional average of 0.4%, Hungarian at 0.4% versus 0.2%, and Croatian at 1.1% versus 0.3%.

Crestwood's population is younger than the national pattern

Crestwood's median age is 34, which is lower than Regional NSW's figure of 43 and Australia's figure of 38. The 25-34 age group is notably over-represented in Crestwood at 24.7%, compared to the regional average, while the 65-74 age group is under-represented at 6.9%. This concentration of young adults is higher than the national figure of 14.4%. Between 2021 and present, younger residents have shifted the median age down by 1.2 years to 34. During this period, the 25-34 age group grew from 22.2% to 24.7%, and the 35-44 cohort increased from 14.7% to 16.5%. Conversely, the 55-64 cohort declined from 10.0% to 8.6%, and the 5-14 age group dropped from 10.2% to 8.8%. Population forecasts for 2041 indicate substantial demographic changes in Crestwood. The 25-34 age group is projected to grow by 38% (465 people), reaching 1,679 from 1,213. In contrast, the 55-64 cohort shows minimal growth of just 5% (19 people).