Queanbeyan West has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.17% to date .
Queanbeyan West,2620 was ranked 2165 in Australia by increase in median property value over the quarter.
Queanbeyan West, 2620 is offering NSW ‘s 1013th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
Property investors who have had real estate in Queanbeyan West, 2620 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.95%
Over the longer term, Queanbeyan West has seen property prices show investors a -3.90% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Queanbeyan West are currently offering property investors an average price cut of -5.54% below the asking price at the moment.
Queanbeyan West, 2620’s gross rental yield is 4.78%