Crestwood is a compact residential suburb of Queanbeyan, sitting within the Queanbeyan-Palerang Regional Council LGA in south-eastern New South Wales, immediately adjacent to the Australian Capital Territory border. Its SEIFA IRSAD score of 1046 places it in decile 8 of 10 nationally, comfortably above the national mean of 1000, and classifies it as an advantaged area. That reading reflects a resident base that skews toward professional occupations and owner-occupiers, consistent with a suburb that has long absorbed Canberra public-service spillover demand. PropertyRanker uses this SEIFA signal as one of twelve scoring inputs, weighting it across the economic strength, hazard risk, and entry point risk criteria.
ABS 2021 IRSAD release. Score 1046 (national mean = 1000).
A SEIFA IRSAD decile of 8 tells investors that Crestwood sits in the upper third of Australian suburbs by relative socioeconomic advantage. In practical terms, this tends to correlate with lower arrears risk, more stable tenant profiles, and reduced sensitivity to economic downturns compared with lower-decile postcodes. The suburb's position on the ACT border is a structural demand driver: workers employed in Canberra's public service sector have historically sought more affordable housing in Queanbeyan, and Crestwood, at roughly 14 kilometres from central Canberra, sits within a commutable range. The suburb covers approximately two square kilometres of hilly Southern Tablelands terrain, with a mix of established post-war homes and newer infill stock. The resident profile leans toward couples and professionals, with owner-occupancy above 56 percent at the 2021 census. That owner-occupier weighting can compress rental supply and support yield stability, but it also means the investor share of the market is smaller and comparable sales data can be thinner than in higher-turnover suburbs. The postcode 2620 is broad, covering many localities beyond Crestwood itself, so suburb-level data should be used rather than postcode-level aggregates when assessing any specific listing. SEIFA sits on the macro side of PropertyRanker's model. It cannot see the specific street, the build year, the strata condition, or the orientation of a given property. A strong decile 8 reading does not make every listing in Crestwood a sound investment, and a weaker listing inside this postcode can still score poorly on PropertyRanker's full twelve-criterion model.
Crestwood NSW 2620 recorded a median house sale price of $848,000 over the 12 months to mid-2026, representing annual growth of approximately 0.9% according to propertyvalue.com.au (Cotality data), with 48 house sales transacted in that period. yourinvestmentpropertymag.com.au (CoreLogic data to April 2026) similarly reported a median of $840,000 and annual growth of 2.75%, with houses averaging 66 days on market and a vendor discount of -4.4%. Rental vacancy sits at a tight 0.88% per htag.com.au, though the combination of elevated days on market and moderate vendor discounting points to a steady rather than hot market.
Anchor points pulled per refresh from publicly available suburb profiles. Approximate; not a moving average.
Vacancy is very tight at 0.88% but days on market are elevated at 66 days and vendor discounting of -4.4% persists, producing a mixed signal that resolves to steady.
Sources: Crestwood NSW 2620 House Prices and Property Trends (2026-06-01); Crestwood NSW 2620 Suburb Profile and Property Report (2026-07-30); Crestwood NSW 2620 Property Market and House Prices 2026 (2026-08-05); Crestwood Queanbeyan suburb profile (2026-01-17); Queanbeyan property market remains steady but some areas have surged (2019-08-03) · Refreshed 30 Sep 2026
PropertyRanker scores any Australian property against 12 criteria across three pillars: Growth, Cashflow, and Risk. SEIFA is a primary signal for economic strength and a supporting one for entry-price risk. It also informs the crime side of hazard risk, though physical overlays like flood, bushfire and coastal exposure, and recorded crime data where available, take priority there. The decile of 8 shown above gives a listing in Crestwood a stronger starting line on economic strength than the national median postcode, and a softer one on entry-price risk, since more advantaged postcodes usually carry higher entry prices.
On top of that, PropertyRanker chooses one of four strategies (Balanced, Growth, Yield, Regional) and applies a per-strategy yield anchor. The anchors are 3.5% for Growth, 5% for Balanced, 6% for Yield, and 7% for Regional. A postcode at this level of relative advantage tends to suit the Growth (3.5% anchor) and Balanced (5% anchor) strategies more readily than Yield (6%) or Regional (7%), because a higher entry price compresses the gross yield a listing can reach without a specific value-add.
Read the scoring guide for the full criteria list and how the verdict thresholds work.
Investors assessing a Crestwood listing should confirm several things that a postcode-level SEIFA reading cannot resolve. First, check the property type: houses and units in this suburb have shown meaningfully different yield and growth trajectories, so the asset class matters before any strategy match is made. Second, verify overlay and flood status through the Queanbeyan-Palerang Regional Council's planning portal, given the suburb's hilly terrain and creek drainage patterns. Third, confirm current vacancy conditions at the street level rather than relying on suburb-wide averages, as the small size of Crestwood means a handful of listings can shift the apparent vacancy rate. On strategy fit, the suburb's above-average SEIFA and Canberra-proximity demand profile may align with a Capital Growth or Balanced strategy, but the specific gross yield of any listing needs to be tested against PropertyRanker's yield anchors of around 3.5 percent for Capital Growth and around 5 percent for Balanced. Score the specific listing in PropertyRanker for a verdict that accounts for what a postcode-level reading cannot see, including current SQM vacancy, body corporate health, flood and overlay status, and pricing against recent comparable sales.
Crestwood's SEIFA IRSAD score of 1046 (decile 8 of 10 nationally) signals an economically advantaged area with a professional, predominantly owner-occupying resident base, which tends to support rental stability and reduce downside risk relative to lower-decile suburbs. However, a strong SEIFA reading alone does not determine whether a specific listing is a sound investment. Investors should score individual properties in PropertyRanker, which weighs SEIFA alongside eleven other criteria including vacancy, comparable sales, and overlay risk.
Crestwood's above-average socioeconomic profile and proximity to Canberra's employment base are characteristics that tend to align more naturally with a Capital Growth or Balanced strategy, where PropertyRanker anchors gross yield expectations at around 3.5 percent and 5 percent respectively. Whether a specific listing clears those thresholds depends on the asset class and current asking price, both of which vary considerably within the suburb. Run the listing through PropertyRanker to confirm which strategy band it actually falls into before drawing conclusions.
The suburb's small geographic footprint of approximately two square kilometres means comparable sales data can be thin, making accurate pricing assessment harder than in larger suburbs. The postcode 2620 covers a wide range of localities with very different characteristics, so investors relying on postcode-level aggregates rather than suburb-level data risk mispricing. Overlay and drainage risk on the hilly Southern Tablelands terrain should also be verified through the Queanbeyan-Palerang Regional Council's planning portal for any specific site.
PropertyRanker uses the SEIFA IRSAD reading as a primary input for three of its twelve scoring criteria: economic strength, hazard risk, and entry point risk. For Crestwood, the decile 8 score of 1046 contributes positively to those three criteria within the model. The remaining nine criteria draw on listing-specific data that SEIFA cannot see, including current SQM vacancy, body corporate health, flood and overlay status, and pricing against recent comparable sales, so the final score for any property will differ from what the suburb-level SEIFA reading alone would suggest.
Crestwood, Queanbeyan West, and Karabar all share the 2620 postcode and sit within the Queanbeyan-Palerang Regional Council LGA, so they operate within the same broad regulatory and demand environment. Differences in stock type, street-level vacancy, and individual property condition mean that a listing in one suburb can score materially differently from a listing in another, even at similar price points. Comparing the PropertyRanker scores for specific listings across these suburbs is a more reliable method than comparing suburb-level averages.
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