Chatswood vs Crows NestTwo Sydney suburbs compared for a home loan
Chatswood (NSW 2067) is approximately 10 km north of the Sydney CBD. Crows Nest (NSW 2065) is approximately 4 km north of the Sydney CBD, on the Metro line. At the 2021 Census, Chatswood had 25,553 residents with a median age of 37, and Crows Nest had 4,974 residents with a median age of 36.
In both suburbs the most common occupied dwelling was flats and apartments. Flats and apartments made up 68% of occupied dwellings in Chatswood and 61% in Crows Nest, while 51% of Chatswood households rented compared with 55% in Crows Nest. These differences matter for finance, because lenders assess apartments, strata buildings and houses on land differently.
Both suburbs are in the same state, so transfer duty is calculated on the same scale and the difference in upfront cost comes from the purchase price. The panel below applies that scale, and an estimate of lenders mortgage insurance, to the prices you enter.
NSW 2067 · Lower North Shore
Chatswood
A guide to buying in Chatswood, a Lower North Shore centre and rail and metro interchange, covering towers, period homes, strata and lending.
Willoughby City Council. Approximately 10 km north of the Sydney CBD.
Read the full Chatswood guideNSW 2065 · Lower North Shore
Crows Nest
Crows Nest gained a metro station in August 2024, and is 61.0 per cent apartments with 54.5 per cent renting and only 11.2 per cent houses.
North Sydney. Approximately 4 km north of the Sydney CBD, on the Metro line.
Read the full Crows Nest guide
What buying in Chatswood and Crows Nest would mean for the loan
The difference between two suburbs is usually a difference in price, and price drives the deposit, the transfer duty, any lenders mortgage insurance and the repayment. Enter the prices you are seeing and the panel works out each of those for Chatswood and Crows Nest.
Your prices and deposit
Enter the price you are seeing in each suburb. BorrowWise does not quote prices, so the comparison uses yours.
- Loan amount
- $3,090,000
- Loan to value ratio
- 96.9%
- Transfer duty, New South Wales
- $156,737
- Lenders mortgage insurance
- Deposit under 5%
- Upfront cash needed
- $259,737
Enter a price for Crows Nest to see the repayment, transfer duty and upfront cash.
Warning: The interest rate used here is an example only. It is not a comparison rate and is not a rate offered by any lender, and it does not include fees and charges. Different rates, terms, fees or loan amounts will give a different result.
Estimates only. Repayments assume a principal and interest loan at a constant rate, which is an assumption and not a current market rate. Transfer duty is indicative for established homes, first home buyer relief depends on eligibility, and upfront cash includes an allowance of $3,000 for conveyancing and inspections. Lenders mortgage insurance is an estimate and is added to the loan. A lender makes its own assessment.
Chatswood and Crows Nest: Census profile compared
Figures are from the 2021 Census, so rents, repayments and incomes have moved since. They are most useful for comparing one suburb with another and with Australia as a whole.
| Measure | Chatswood | Crows Nest |
|---|---|---|
| People and households | ||
| Residents | 25,553 | 4,974 |
| Median ageAustralia 38 | 37 | 36 |
| Average household sizeAustralia 2.5 | 2.5 | 2.0 |
| Median household income, weeklyAustralia $1,746 | $2,158 | $2,614 |
| Housing costs at the 2021 Census | ||
| Median rent, weeklyAustralia $375 | $577 | $550 |
| Median mortgage repayment, monthlyAustralia $1,863 | $2,858 | $3,033 |
| Who owns and who rents | ||
| Households rentingAustralia 31% | 51% | 55% |
| Owned with a mortgageAustralia 35% | 20% | 24% |
| Owned outrightAustralia 31% | 26% | 20% |
| Types of home | ||
| Separate housesAustralia 72% | 28% | 11% |
| Townhouses, terraces and semi-detachedAustralia 13% | 4% | 26% |
| Flats and apartmentsAustralia 14% | 68% | 61% |
| Homes with two bedrooms or fewer | 58% | 69% |
| Homes with four bedrooms or more | 18% | 6% |
| Dwellings unoccupied on Census night | 12% | 11% |
Source: Australian Bureau of Statistics, 2021 Census (CC BY 4.0). Tenure shares exclude households that did not state their tenure. Dwelling shares are of occupied private dwellings.
Home loan considerations in Chatswood and Crows Nest
Lenders treat houses on land, townhouses and apartments differently, and some apply extra conditions to small apartments, high-density buildings or particular postcodes. These are the points each guide raises.
Chatswood
- First home buyers
- Upgraders
- Investors
- Downsizers
- Some lenders cap exposure to a single tower or apply lower loan-to-value limits to high-rise apartments in areas they regard as heavily supplied.
- Strata levies in full-service buildings are counted as living expenses and can materially reduce assessed borrowing capacity.
- Off-the-plan apartments are valued close to completion, and any shortfall against the contract price is met by the buyer.
- Very small units and serviced apartments may fall outside standard residential lending policy.
- Heritage conservation area controls limit redevelopment of some houses, which valuers take into account alongside condition.
Crows Nest
- Investors
- First home buyers
- Downsizers
- One-bedroom dwellings and studios often fall below minimum internal floor areas.
- Single-development exposure limits bind readily in a suburb of 2,364 occupied dwellings.
- Older walk-up blocks and recent buildings raise quite different strata questions.
- The metro station opened in August 2024, after the Census described here.
- Willoughby Road is a licensed dining strip affecting nearby amenity at night.
Housing stock in Chatswood and Crows Nest compared
Chatswood
- High-rise apartments
- Towers near the station and the edges of the commercial core, many with concierge services and shared facilities.
- Older walk-up and mid-rise units
- Earlier strata blocks with larger rooms, lower levies and ageing common property.
- Federation and interwar houses
- Detached period homes on established blocks, some within heritage conservation areas adjoining the centre.
Crows Nest
- Apartments
- The 1,441 flats counted at the 2021 Census, 61.0 per cent of occupied homes.
- Terraces and semi-detached dwellings
- At 622 dwellings, or 26.3 per cent of occupied homes, unusually high for inner Sydney.
- Very few freestanding houses
- Separate houses numbered only 264 at the 2021 Census, 11.2 per cent of occupied homes.
Official sale price and rent figures for Chatswood and Crows Nest
Only figures published free of charge by a government agency are shown. Where none is published the space is left empty rather than filled with an estimate. Each guide charts the full series.
Chatswood
- Median dwelling price, 2026 Q1 (postcode 2067)
- $1,518,000
- Median house price, 2026 Q1 (postcode 2067)
- $3,190,000
- Median unit price, 2026 Q1 (postcode 2067)
- $1,160,000
- Median weekly rent, house (all bedrooms), 2026 Q2 (postcode 2067)
- $1,350
- Median weekly rent, 2 bedroom flat/unit, 2026 Q2 (postcode 2067)
- $950
Source: NSW Department of Communities and Justice.
Crows Nest
No government agency publishes a free median sale price or rent series for Crows Nest, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Transport, schools and amenities in Chatswood and Crows Nest
Chatswood
Transport
- Chatswood Station (train)
- Chatswood Station (Metro) (metro)
- Chatswood bus interchange (bus)
- Pacific Highway (road)
- Mowbray Road (road)
Schools and campuses
- Chatswood Public School (primary, government)
- Chatswood High School (secondary, government)
- Mercy Catholic College (secondary, catholic)
- St Pius X College (combined, catholic)
Amenities
- Westfield Chatswood
- Chatswood Chase
- The Concourse
- Chatswood Library
- Chatswood Oval
- Beauchamp Park
Crows Nest
Transport
- Crows Nest Metro (metro)
- St Leonards Station (train)
- Sydney buses (bus)
- Pacific Highway (road)
Amenities
- Willoughby Road precinct
- Royal North Shore Hospital
- Crows Nest local parks
School listings show name, level and sector only. Enrolment areas change, so confirm eligibility for a specific address with the school or the New South Wales education department.
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