Suburb Profile Report for Queanbeyan East NSW (2620)

Queanbeyan East House: Median price $540,500, Annual capital growth 3.73%, Number of sales 30, Weekly median advertised rent $450

Queanbeyan East Unit: Median price $215,000, Annual capital growth 2.67%, Number of sales 124, Weekly median advertised rent $248

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1713th in the list of Australian suburbs ordered by increase in median house value over the last year, Queanbeyan East, 2620 is in the top half with a property value increase of 6.50% recorded in median house prices.

Queanbeyan East,2620 has offered an average of 6.50% return per annum in house price rises to property investors over the last three years.

Queanbeyan East2620 is located in NSW which offers an average discount of -5.49% to property investors. Queanbeyan East itself is showing figures that indicate -2.07% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $5400 per annum or $450 every week.

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 -25.86%

Queanbeyan East,2620 was ranked 245 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Queanbeyan East is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 125th in terms of most discounted suburbs in NSW

Residents and property investors in Queanbeyan East have been waiting around 117.4 days to sell a property.

Advertised rents are around the $247.5 mark per week – giving a return of 5.99% based on the median price in Suburb

Metrics i HOUSE UNIT
$540,500 $215,000
3.94% 5.13%
6.50% -25.86%
3.73% 2.67%
$450 $248
30 124
4.33% 5.99%
64.35 117.4

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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
Chart Table
Recent sales & rentals