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Queenstown

POSTAL CODE: SA, 5014
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Property investors have seen a -1.41% drop in QUEENSTOWN based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains QUEENSTOWN, 5014 saw average growth in the long term.

The SA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $875,000

Profits averaged 14% per annum over a 3-year period, due to an upward trend in home prices in QUEENSTOWN, 5014.

This means, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.

The gross rental yield in QUEENSTOWN, 5014 is 3.57%.

An average of 2.83 real estate transactions take place per month in QUEENSTOWN which translates to 34 per annum.

Surburb overview

Queenstown, located approximately 11 kilometres northwest of Adelaide’s central business district, is a small, primarily residential suburb within the City of Port Adelaide Enfield. With a population of around 2,500 people, Queenstown offers a quiet suburban lifestyle while being close to the bustling Port Adelaide area. The suburb attracts a mix of families, professionals, and retirees, drawn by its proximity to both the city and the coast.

Public transportation options in Queenstown are convenient, with regular bus services connecting the suburb to Adelaide’s CBD and surrounding areas. The nearby Port Adelaide railway station provides easy access to the city via train, making the suburb a suitable location for commuters. Queenstown is also well-connected by major roads, offering quick access to the Adelaide CBD, beaches, and other key parts of the metropolitan area.

Essential amenities are within easy reach, as Queenstown is close to the commercial and retail hubs of Port Adelaide and West Lakes. Residents have access to supermarkets, medical centres, and a wide range of retail shops. Schools and childcare facilities are also available nearby, including Le Fevre High School and Portside Christian College. For more extensive healthcare needs, the Queen Elizabeth Hospital in Woodville is just a short drive away.

Recreational activities in Queenstown are centred around its close proximity to the Port River and the Semaphore coastline. The suburb is only a few minutes away from Semaphore Beach, which is popular for swimming, fishing, and picnicking. In addition, the nearby West Lakes offers opportunities for kayaking and rowing. Port Adelaide, with its historic buildings, museums, and cafes, is also a major draw for residents. The area hosts regular community events, including markets and festivals, adding to the vibrant atmosphere. Queenstown’s location, with its blend of suburban living and access to recreational facilities, makes it a desirable suburb for a variety of residents.

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