Figures show Crows Nest on the rise

WITH some of the Toowoomba region losing value over the past year, Crows Nest residents are delighted with the CoreLogic data showing their median house prices have risen in value by an impressive 18.1 per cent.

Crows Nest is a rural town of about 2160 people situated at the head of Cressbrook Creek, 35km north of Toowoomba.

The town offers residents a laid-back country lifestyle, while still being close enough to Toowoomba for workers to commute.

It presents affordable housing options with a good blend of classic cottages and modern brick homes.

The block sizes are large and there are rural residential and small acreage allotments.

The median sales price in Crows Nest is $319,000, which has grown by more than 18 per cent.

Most of the dwellings in the town are free-standing homes.

Town houses make up 4.5 per cent, units 0.8 per cent and other dwelling types 2.3 per cent. Owner-occupiers make up 73.4 per cent and, interestingly, 46 per cent of residents own their properties outright.

Today, the business centre clusters around Centenary Park, which was established as a village green.

Its streets are filled with striking old buildings.

The town and district offers a P–10 state school, a library, shopping area and swimming pool as well as golf and bowling facilities.

There’s also a hospital, a progress association, historical society, the showgrounds and the former shire hall.

Of historical interest, the Ray White real estate empire began in 1902 in Crows Nest, where the first office was in a tin shed in the railway yards.

Crows Nest National Park is 6km east and walking tracks lead to the Valley of Diamonds and a rock pool with a waterfall and steep granite gorges.

Wildflowers and birds abound — you may even see the rare brush-tailed rock wallaby.

Held in October each year, the Crows Nest Festival includes among its highlights the infamous Perseverance Cup for racing worms.