Queanbeyan West is in the bottom 20% in NSW when comparing median price capital growth over the last year. Queanbeyan West gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.19%.
Over the longer term, Queanbeyan West has seen property prices show investors a 5.82% return over the last 3 years. This is worse than over the last 12 months
Queanbeyan West2620 is located in NSW which offers an average discount of -5.49% to property investors. Queanbeyan West itself is showing figures that indicate -5.10% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Queanbeyan West being $500000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.68%
Investment property in Queanbeyan West has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.31%
The five-year average increase in median property values for Queanbeyan West,2620 has given property investors a potential capital gain of -4.34% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Queanbeyan West is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 265th in terms of most discounted suburbs in NSW
Queanbeyan West, 2620’s gross rental yield is 4.71%