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Queanbeyan West

Suburb Profile

Queanbeyan West - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2620

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Property investors enjoyed capital gains of 3.88% over the last 12 months in QUEANBEYAN WEST, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 2.83% growth over a ten-year period. It ranks 2458th on our list of suburbs that property investors should look into.

QUEANBEYAN WEST, 2620 has a capital gain of 3.88% for the past year, which is lower than average compared to its 25.16% growth within a five-year period.

With the median home price in QUEANBEYAN WEST sitting at $589,500, and the average rent at $470, property owners could potentially earn a 4.15% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in QUEANBEYAN WEST are low, as opposed to average gains per annum over the past five years.

QUEANBEYAN WEST, 2620 in NSW belongs to the local government area of Queanbeyan-Palerang Regional (A).

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $589,500 $427,500
GROWTH REPORT
Median Quarterly 2.52% 12.5%
Median 12 month 3.88% 5.82%
Median 3 years 10.14% 12.5%
Median 5 years 25.16% 16.64%
10 years average annual 2.83% 1.67%
Weekly media advert. rent $470 $350
Time on Market 77.3 days 0.0 days
Gross Rental Yield Percent 4.15% 4.26%
demographics (median values)
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