Queenstown, 5014 ranked 210th in SA when comparing growth in median property values or capital gain over the last 12 months. Queenstown is one of 853 in our list for SA
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Queenstown has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Queenstown are currently offering property investors an average price cut of -5.83% below the asking price at the moment.
On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.
Renters in Suburb are facing rents around $19240 per annum or $370 every week.
Over the last year, property investments in Queenstown, 5014 have given investors a capital gain of 14.55%. This compares very favourably with the 1.05% for SA as a whole.
Queenstown,5014 was ranked 929 in Australia by increase in median property value over the quarter.