NSW has seen average median house prices change by 8.26% which means that Queanbeyan West, 2620 has done well for property investors by showing a capital gain of 1.18% over the last year
The five-year average increase in median property values for Queanbeyan West,2620 has given property investors a potential capital gain of 9.57% across each of those five years.
Sellers are offering property buyers an average discount of -6.08% to buyers in Queanbeyan West at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 3.83 sales per month, which equates to 46 per year.
Using the current median advertised rental of $470 and the average annual increase in value of a median property of 3.12%, investors should hope to achieve an overall return of 4.75%
Giving property investors a an average capital gain of 3.88% for the last year, Queanbeyan West, 2620 is the 779th highest performer in Australia in this respect.
LACK OF BUYER INTEREST may well be the reason that Queanbeyan West is offering property investors an average of -4.33. This rate of discount on properties puts Suburb at number 281th in terms of most discounted suburbs in NSW
Situated 246.86km from the CBD, Queanbeyan West is one of Queanbeyan localities in the postcode 2620.