Property value increases in Queanbeyan East have tracked just lower than the NSW average of 10.13% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Queanbeyan East has increased when compared to the 5 year average annual rate.
Vendor discounting in Queanbeyan East is giving property investors an average Vendor Discount of around -2.11%. This puts suburb at number 1184th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Queanbeyan East the average time real estate has been on the market is 46.35 days.
Property investors should expect to get $460 weekly from the median priced house in this suburb.
Queanbeyan East, 2620 ranked 538th in NSW when comparing growth in median property values or capital gain over the last 12 months. Queanbeyan East is one of 3163 in our list for NSW
Queanbeyan East,2620 has offered an average of -12.57% return per annum in house price rises to property investors over the last three years.
At number 168th of NSW’s most discounted properties, Queanbeyan East is in the bottom 40% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Queanbeyan East being $226000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 5.75%