Selling points: Queanbeyan is located 15 minutes from the centre of Canberra, so you get all the benefits of living close to the capital without having to pay through the teeth for it. Because of that, many people moving to the Canberra region prefer to rent in Queanbeyan, as it has a nice country feel without being out in the sticks. The current vacancy rate is less than 0.5% and some of the amazing rental returns we’ve been seeing recently have been surprising even us.
Most sought after properties: Four-bedroom houses on decent-sized blocks are moving well for owner-occupiers, and we’ve had a large number of walk-in investors wanting to buy standard two- bedroom units around the $250,000 mark.
Most common properties: Everything from heritage-listed homes from the early 1900s to brand new townhouses and apartment complexes. There are several unique little pockets in Queanbeyan, which means there’s something for everyone, whether you’re looking for a semi-rural mansion on 5,000sqm, a brand new apartment or a standard four-bedroom home.
Top amenities: Queanbeyan has excellent schools in every corner of town, a large shopping centre, and a railway station. It is located just 10 minutes to Canberra Airport and 15 minutes to Canberra City. Queanbeyan has its own hospital as well as being close to the Canberra Hospital. It’s only a 15 minute drive from Queanbeyan to the bush. Queanbeyan River is popular with anglers, while there are also lots of churches, plenty of parks and ovals.
Local industry and business: Lots of residents are commuters to the city, but there are a large number of workers for local construction companies and other trades as well as a large number of local businesses including doctors, lawyers, accountants, real estate agents, etc.
Recent changes: In the last 12 months alone there’s been a huge redevelopment in Queanbeyan, with several new and exciting things happening at the recently completed Crawford Street lifestyle precinct. The Royal Hotel Queanbeyan's multi-million dollar renovation is also finished and a new library and major new retailer just a few months away. Googong township is up and coming with new blocks being released and the opening of the Edwin Land Parkway, which connects Queanbeyan directly to Jerrabomberra.
Best streets: Buy close to St Ives Primary School on Lynbara, Catherine or one of the other sheltered streets. Steer clear of Eastern Arterial, Mona Vale and Horace to protect resale values – these are high traffic thoroughfares and although you can snag a bargain property there, resale may be more difficult.
Public transport: There are a number of regular bus routes which go directly into Canberra as well as buses to all other areas of the country. There is a train station in Queanbeyan and the town is only 10 minutes from Canberra Airport.
Main arteries: The Kings Highway takes you straight to the south coast (2.5hrs), the Federal Highway takes you straight to Sydney (3hrs) and Canberra Avenue takes you into the heart of Canberra (15 mins).