Crestwood

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

As of Nov 2025, the estimated population of the Crestwood statistical area (Lv2) is around 4,911 people. This figure reflects a decrease from the 2021 Census population of 4,936, indicating a drop of 25 people or approximately 0.5%. The latest estimate, based on AreaSearch's validation of new addresses and examination of ABS ERP data released in Jun 2024, shows a resident population of 4,906. This results in a population density ratio of 2,505 persons per square kilometer, placing the Crestwood (SA2) in the upper quartile relative to national locations assessed by AreaSearch. Overseas migration contributed approximately 73.0% of overall population gains during recent periods for this area.

Future projections for the Crestwood statistical area (Lv2), based on ABS/Geoscience Australia data released in 2024 with a base year of 2022, anticipate significant growth by 2041. The area is expected to expand by 1,460 persons over this period, reflecting an increase of approximately 30.4% compared to the current population estimate.

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

Crestwood has seen minimal construction activity with three new dwellings approved annually over the past five years, totalling 16. These low development levels reflect the rural nature of the area, where housing needs typically drive development rather than broad market demand. Notably, yearly growth figures and relativities can vary considerably based on individual projects due to such low approval numbers.

Crestwood shows significantly less construction activity compared to Rest of NSW and is well below national averages. New development consists of 33% detached dwellings and 67% townhouses or apartments, focusing on higher-density living for affordability and suitability for downsizers, investors, and first-home buyers. With around 1413 people per dwelling approval, Crestwood reflects a highly mature market. Looking ahead, Crestwood is expected to grow by 1,491 residents by 2041 according to the latest AreaSearch quarterly estimate (as of March 2023). If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

Looking ahead, Crestwood is expected to grow by 1,491 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 this region: Yass Road, Bungendore Road and Ellerton Drive Intersection Upgrade; Queanbeyan Regional Integrated Transport Plan; Queanbeyan CBD Towers; 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.

Employment performance in Crestwood exceeds national averages across key labour market indicators

Crestwood has a well-educated workforce with significant representation in essential services sectors. Its unemployment rate is 2.8%, as per AreaSearch's aggregation of statistical area data.

As of September 2025, there are 2,883 employed residents, with an unemployment rate of 1.0% lower than Rest of NSW's rate of 3.8%. Workforce participation in Crestwood is high at 69.9%, compared to Rest of NSW's 56.4%. The dominant employment sectors among residents are public administration & safety, health care & social assistance, and construction. Public administration & safety has a notable concentration with employment levels at 3.1 times the regional average.

Conversely, agriculture, forestry & fishing is under-represented, comprising only 0.2% of Crestwood's workforce compared to Rest of NSW's 5.3%. The predominantly residential area appears to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. Between September 2024 and September 2025, labour force decreased by 5.9% while employment declined by 6.0%, leaving unemployment broadly flat in Crestwood. In contrast, Rest of NSW experienced an employment decline of 0.5% and a labour force decline of 0.1%, with a 0.4 percentage point rise in unemployment. State-level data up to 25-Nov-25 shows NSW employment contracted by 0.03% (losing 2,260 jobs), with the state unemployment rate at 3.9%. This compares favourably to the national unemployment rate of 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment should expand by 6.6% over five years and 13.7% over ten years, with varying growth rates between industry sectors. Applying these projections to Crestwood's employment mix indicates local employment could increase by 6.2% over five years and 12.9% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not consider localised population projections.

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

The suburb of Crestwood had a median taxpayer income of $57,137 and an average income of $67,268 in the financial year 2023, according to postcode level ATO data aggregated by AreaSearch. This is comparable to national averages, contrasting with Rest of 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, estimated incomes as of September 2025 would be approximately $62,199 (median) and $73,228 (average). Census data indicates personal income ranks at the 77th percentile ($982 weekly), with household income at the 48th percentile. The $1,500 - $2,999 earnings band captures 35.7% of Crestwood's community (1,753 individuals), consistent with broader trends showing 29.9% in the same category across the broader area. Housing affordability pressures are severe, with only 84.1% of income remaining after housing costs, ranking at the 49th percentile. The suburb'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

Crestwood's dwelling structures, as per the latest Census, consisted of 45.7% houses and 54.3% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Non-Metro NSW had 74.5% houses and 25.5% other dwellings. Home ownership in Crestwood was at 23.4%, with mortgaged dwellings at 34.2% and rented ones at 42.4%. The median monthly mortgage repayment was $1,733, below Non-Metro NSW's average of $2,167. The median weekly rent figure in Crestwood was $320, compared to Non-Metro NSW's $355. Nationally, Crestwood's mortgage repayments were lower than the Australian average of $1,863, and 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 constitute 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 account for 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, smaller than the Rest of NSW average of 2.6.

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%, higher than the Rest of NSW average of 21.3% and the SA4 region's 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% 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 operational public transport stops, all of which are bus services. These stops are served by 31 unique routes that collectively facilitate 536 weekly passenger trips. The accessibility of these transport options is rated as excellent, with residents typically residing just 145 meters from the nearest stop.

On average, there are 76 daily trips across all routes, which equates to approximately 17 weekly trips per individual stop.

Crestwood's residents are relatively healthy in comparison to broader Australia with common health conditions somewhat prevalent across both younger and older age cohorts

Crestwood's health metrics are close to national benchmarks. Common health conditions are somewhat prevalent across both younger and older age cohorts.

The rate of private health cover is approximately 54%, impacting around 2,628 people, which leads that of the average SA2 area but lags behind Rest of NSW at 61.9%. Mental health issues affect 9.8% of residents, while asthma impacts 8.1%. About 68.5% of residents declare themselves completely clear of medical ailments, similar to the 68.7% in Rest of NSW. The area has 11.7%, or 574 people, aged 65 and over, which is lower than the 13.4% in Rest of NSW. Health outcomes among seniors present some challenges, broadly in line with the general population's health profile.

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 showed higher cultural diversity than most local markets, with 29.9% born overseas and 26.7% speaking a language other than English at home. Christianity was the predominant religion in Crestwood, accounting for 46.6%. Notably, the 'Other' religious category comprised 3.7%, higher than Rest of NSW's 1.6%.

In terms of ancestry, Australians made up 23.2%, English 22.4%, and Other 14.5%, significantly above Rest of NSW's average of 7.9%. Specific ethnic groups like Macedonian (1.6% vs regional 1.5%), Hungarian (0.4% vs 0.3%), and Croatian (1.1% vs 0.9%) were notably overrepresented in Crestwood.

Crestwood's population is younger than the national pattern

Crestwood has a median age of 34, which is lower than Rest of NSW's figure of 43 and Australia's figure of 38. The 25-34 age group is notably over-represented in Crestwood at 24.0%, compared to the Rest of NSW average, while the 65-74 year-olds are under-represented at 6.8%. This concentration of the 25-34 age group is well above the national figure of 14.5%. Since 2021, the 25-34 age group has grown from 22.2% to 24.0%, and the 35-44 cohort has increased from 14.7% to 16.0%. Conversely, the 5-14 age group has declined from 10.2% to 9.0%, and the 65-74 age group has dropped from 7.9% to 6.8%. By 2041, demographic modeling suggests Crestwood's age profile will evolve significantly. The 25-34 age cohort is projected to expand by 513 people (44%), from 1,178 to 1,692. Meanwhile, the 55-64 age cohort grows by a modest 1% (5 people).