If you compare the increase in value of investment property in Queanbeyan West, 2620 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -3.74%.
Over the longer term, Queanbeyan West has seen property prices show investors a 6.72% return over the last 3 years. This is worse than over the last 12 months
Advertised rents are around the $540 mark per week – giving a return of 5.20% based on the median price in Suburb
With a capital gain of -5.37% for the last 12 months, Queanbeyan West, 2620 has performed for property investments than its average annual 0.44% property growth over the last 5 years.
The five-year average increase in median property values for Queanbeyan West,2620 has given property investors a potential capital gain of -7.50% across each of those five years.
The most recent median price for Queanbeyan West is $370000, with sellers offering an average of -4.10% off the asking price.
Situated 246.53km from the CBD, Queanbeyan West is one of Queanbeyan-Palerang Regional (A) localities in the postcode 2620.