NSW/
Queanbeyan west

Suburb Profile

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

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Property investors enjoyed capital gains of 15.61% 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 4.41% growth over a ten-year period. It ranks 1787th on our list of suburbs that property investors should look into.

QUEANBEYAN WEST, 2620 has a capital gain of 15.61% for the past year, which is higher than average compared to its 24.47% growth within a five-year period.

With the median home price in QUEANBEYAN WEST sitting at $585,000, and the average rent at $450, property owners could potentially earn a 4% 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.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $585,000 $384,000
GROWTH REPORT
Median Quarterly 4.46% 0.52%
Median 12 month 15.61% 2.4%
Median 3 years 26.62% -4%
Median 5 years 24.47% -3.88%
10 years average annual 4.41% 3.5%
Weekly media advert. rent $450 $320
Time on Market 64.8 days 76.4 days
Gross Rental Yield Percent 4% 4.33%
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