Queanbeyan is a mid-sized suburb in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2620). With a population of 6,409, the suburb has an established demographic with a median age of 38. Households earn a median income of $88K per year, with an average household size of 2 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Queanbeyan is $925,000, having increased 2.8% over the past year. Units have a median price of $363,000 (-16.7% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,668.
Queanbeyan is served by 8 schools, including 5 primary, 2 secondary, 1 combined. The average ICSEA score is 1003, which is around the national average of 1,000. Public transport access includes 1 rail station, 29 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Queanbeyan offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($925K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +2.8% year-on-year.
Queanbeyan is a mid-sized suburb in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2620). With a population of 6,409, the suburb has an established demographic with a median age of 38. Households earn a median income of $88K per year, with an average household size of 2 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Queanbeyan is $925,000, having increased 2.8% over the past year. Units have a median price of $363,000 (-16.7% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,668.
Queanbeyan is served by 8 schools, including 5 primary, 2 secondary, 1 combined. The average ICSEA score is 1003, which is around the national average of 1,000. Public transport access includes 1 rail station, 29 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Queanbeyan offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($925K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +2.8% year-on-year.