Queanbeyan West is in the TOP 30% in NSW when comparing median price capital growth over the last year. Queanbeyan West gave property investors a good capital gain figure when compared to the rest of the state, with 15.61%.
Comparing Queanbeyan West,2620 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Queanbeyan West is $585000, with sellers offering an average of -3.85% off the asking price.
In the last year 43 properties changed hands in Queanbeyan West, which puts it as the 743th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 4.41%, investors should hope to achieve an overall return of 4.00%
If you compare the increase in value of investment property in Queanbeyan West, 2620 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.40%.
Queanbeyan West,2620 was ranked 901 in Australia by increase in median property value over the quarter.
At number 278th of NSW’s most discounted properties, Queanbeyan West is in the middle of the state/territory when listing in order of most discounted to least.
At number 836 in a list of fastest selling suburbs, Queanbeyan West is just in the bottom half of suburbs in Australia with an average of days on market 76.42 for properties listed there.