Over the last year, property investments in Queanbeyan East, 2620 have given investors a capital gain of 7.98%. This compares badly with the 11.06% for NSW as a whole.
Queanbeyan East,2620 was ranked 2379 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Queanbeyan East itself are offering an average vendor discount of -1.67% to real estate investors.
Situated 243.68km from the CBD, Queanbeyan East is one of Queanbeyan localities in the postcode 2620.
Investment property in Queanbeyan East has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.99%
Taking the average capital gain, or increase in median house value, Queanbeyan East,2620 has racked up an average of 6.99% over the period. This ranks it number 1631th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Queanbeyan East, 2620. Typically our figures indicate that -4.10% is being offered, which puts this NSW suburb at 968th most discounted overall in Australia.
At number 1149 in a list of fastest selling suburbs, Queanbeyan East is in the bottom 30% of suburbs in Australia with an average of days on market 100.66 for properties listed there.
Queanbeyan East is 64th on a list of best yielding suburbs for rents in NSW with a 5.31% return