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Queanbeyan West
AREA REPORTS

Queanbeyan West

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

house
unit

Property investors enjoyed capital gains of 34.96% 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 6.58% growth over a ten-year period. It ranks 1654th on our list of suburbs that property investors should look into.

QUEANBEYAN WEST, 2620 has a capital gain of 34.96% for the past year, which is higher than average compared to its 66.83% growth within a five-year period.

With the median home price in QUEANBEYAN WEST sitting at $830,000, and the average rent at $650, property owners could potentially earn a 4.07% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in QUEANBEYAN WEST are high, 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

Queanbeyan West
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $830,000 $500,000
GROWTH REPORT
Median Quarterly 15.28% 2.56%
Median 12 month 34.96% 9.59%
Median 3 years 47.95% 22.1%
Median 5 years 66.83% 35.14%
10 years average annual 6.58% 2.88%
Weekly media advert. rent $650 $365
Time on Market 51.6 days 46.7 days
Gross Rental Yield Percent 4.07% 3.8%
demographics (median values)*
Total Population
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Weekly Household Income
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Household Size
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Age
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Monthly Loan Repayment
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* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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