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