Property value increases in Queanbeyan East have tracked lower than the NSW average of 7.93% over the last 12 months.
While Queanbeyan East,2620 ranked number 738th in NSW for increase in median house value (annualised) increase, it is ranked 1158th over the last 5 years.
Sellers are offering property buyers an average discount of -3.08% to buyers in Queanbeyan East at the moment, which is less than average for the rest of NSW.
With the median price for a house in Queanbeyan East being $507500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.61%
Property investors who have had real estate in Queanbeyan East, 2620 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -23.31%
When looking at the potential capital gains offered to property investors over the last 3 years, Queanbeyan East comes in at number 529th in NSW.
Our latest figures would indicate that property sellers in Queanbeyan East are currently offering property investors an average price cut of -5.56% below the asking price at the moment.
Situated 239.28km from the CBD, Queanbeyan East is one of Queanbeyan localities in the postcode 2620.