Suburb Profile Report for Queanbeyan East NSW (2620)

Queanbeyan East House: Median price $537,750, Annual capital growth 3.66%, Number of sales 31, Weekly median advertised rent $460

Queanbeyan East Unit: Median price $215,000, Annual capital growth 2.42%, Number of sales 133, Weekly median advertised rent $250

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Queanbeyan East have tracked close to the NSW average of 8.26% over the last 12 months.

If we look at median property appreciation over just the last three months, Queanbeyan East has given property investors a paper return of 1.46%. This puts Suburb as 880 on a list of fastest fasting appreciating suburbs in NSW

At number 1205th of NSW’s most discounted properties, Queanbeyan East is in the TOP 10% of the state/territory when listing in order of most discounted to least.

At number 1195 in a list of fastest selling suburbs, Queanbeyan East is in the TOP 40% of suburbs in Australia with an average of days on market 64.35 for properties listed there.

Queanbeyan East, 2620’s gross rental yield is 4.45%

Queanbeyan East is in the bottom 10% in NSW when comparing median price capital growth over the last year. Queanbeyan East gave property investors a dismal capital gain figure when compared to the rest of the state, with -25.86%.

Queanbeyan East,2620 was ranked 958 in Australia by increase in median property value over the quarter.

The most recent median price for Queanbeyan East is $215000, with sellers offering an average of -5.06% off the asking price.

A $250 per week rent on the median house gives suburb investors a gross yield of circa 6.05%, without taking into account capital value appreciation, which has been averaging out at 2.42%.

Metrics i HOUSE UNIT
$537,750 $215,000
1.46% 0.00%
5.96% -25.86%
3.66% 2.42%
$460 $250
31 133
4.45% 6.05%
64.35 118.19

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 3765
Median household income ($/weekly) 1291
Median age of persons 33
Median housing loan repayment ($/monthly) 1896
Average household size 2
  • Census Count Percent(%)
    20-24 years 363 9.6
    25-34 years 857 22.8
    35-44 years 610 16.2
    45-54 years 499 13.3
    55-64 years 339 9.0
    Others 1097 29.1
    Age Group
    Census Count Percent(%)
    Not Married 1396 49.3
    Registered Married 1020 36.1
    Defacto Relationship 413 14.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2529 72.3
    Indonesia 162 4.6
    Papua New Guinea 77 2.2
    United Kingdom 123 3.5
    Other 194 5.5
    Others 414 11.8
    Country of Birth
    Census Count Percent(%)
    Christianity 2258 66.5
    Hinduism 112 3.3
    Islam 100 2.9
    Other Religious Groups 100 2.9
    No Religion 750 22.1
    Others 74 2.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 146 9.1
    $800-$999 141 8.8
    $1,000-$1,249 171 10.7
    $1,250-$1,499 169 10.6
    $1,500-$1,999 259 16.2
    Others 714 44.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1628 55.1
    Not in the labour force 671 22.7
    Employed, worked part-time 453 15.3
    Employed, away from work 132 4.5
    Unemployed, looking for work 73 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 234 10.6
    Professionals 411 18.5
    Technicians & trades workers 337 15.2
    Community & personal service workers 228 10.3
    Clerical & administrative workers 414 18.7
    Others 593 26.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 235 31.5
    Secondary 118 15.8
    Technical or Further Educational Institution 146 19.5
    University or other Tertiary Institutions 174 23.3
    Other type of educational institution 38 5.1
    Others 36 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1439 41.5
    Flat, unit or apartment 1139 32.9
    Semi-detached, row or terrace house, townhouse 877 25.3
    House or flat attached to a shop, office 12 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 836 49.6
    Being purchased 528 31.3
    Fully owned 314 18.6
    Other tenure type 8 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals