Property value increases in Queanbeyan East have tracked close to the NSW average of 8.26% over the last 12 months.
If we look at median property appreciation over just the last three months, Queanbeyan East has given property investors a paper return of 1.46%. This puts Suburb as 880 on a list of fastest fasting appreciating suburbs in NSW
At number 1205th of NSW’s most discounted properties, Queanbeyan East is in the TOP 10% of the state/territory when listing in order of most discounted to least.
At number 1195 in a list of fastest selling suburbs, Queanbeyan East is in the TOP 40% of suburbs in Australia with an average of days on market 64.35 for properties listed there.
Queanbeyan East, 2620’s gross rental yield is 4.45%
Queanbeyan East is in the bottom 10% in NSW when comparing median price capital growth over the last year. Queanbeyan East gave property investors a dismal capital gain figure when compared to the rest of the state, with -25.86%.
Queanbeyan East,2620 was ranked 958 in Australia by increase in median property value over the quarter.
The most recent median price for Queanbeyan East is $215000, with sellers offering an average of -5.06% off the asking price.
A $250 per week rent on the median house gives suburb investors a gross yield of circa 6.05%, without taking into account capital value appreciation, which has been averaging out at 2.42%.