If you compare the increase in value of investment property in Queens Park, 2022 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 14.63%.
If we look at median property appreciation over just the last three months, Queens Park has given property investors a paper return of 4.44%. This puts Suburb as 382 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Queens Park is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 391th in terms of most discounted suburbs in NSW
At number 260 in a list of fastest selling suburbs, Queens Park is in the TOP 10% of suburbs in Australia with an average of days on market 42.78 for properties listed there.
Renters in Suburb are facing rents around $15540 per annum or $1295 every week.
Investment property in Queens Park has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.48%
Over the longer term, Queens Park has seen property prices show investors a 29.80% return over the last 3 years. This is worse than over the last 12 months
In the last year 19 properties changed hands in Queens Park, which puts it as the 455th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Queens Park, 2022 is in the Waverley local government area.