Queanbeyan West

POSTAL CODE: NSW, 2620

HOUSE

UNIT

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 6.02% growth over a ten-year period. It ranks 2724th on our list of suburbs that property investors should look into.

QUEANBEYAN WEST, 2620 has a capital gain of -1.13% for the past year, which is lower than average compared to its 37.11% growth within a five-year period.

With the median home price in QUEANBEYAN WEST sitting at $877,500, and the average rent at $670, property owners could potentially earn a 3.97% 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.

Based on its average 5-year and quarterly capital gains QUEANBEYAN WEST, 2620 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 5.35% growth over a ten-year period. It ranks 848th on our list of suburbs that property investors should look into.

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

QUEANBEYAN WEST, 2620 has a capital gain of 7.24% for the past year, which is higher than average compared to its 31.31% growth within a five-year period.

With the median home price in QUEANBEYAN WEST sitting at $585,000, and the average rent at $430, property owners could potentially earn a 3.82% 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.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$877,500	$585,000
Growth Report
Median Quarterly	-1.68%	1.65%
Median 12 month	-1.13%	7.24%
Median 3 years	6.36%	-4.1%
Median 5 years	37.11%	31.31%
10 years average annual	6.02%	5.35%
Weekly media advert. rent	$670	$430
Time on Market	58.1 days	N/A
Gross Rental Yield Percent	3.97%	3.82%

Demographics (Median Values)*

Total Population n.a.

Weekly Household Income n.a.

Household Size n.a.

Average Age n.a.

Monthly Loan Repayment n.a.

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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