Queanbeyan East is a smaller suburb in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2620). With a population of 4,240, the suburb has a mix of young professionals and families with a median age of 34. 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 English, Australian, Irish.
The median house price in Queanbeyan East is $860,000, having dropped significantly 12.5% over the past year. Units have a median price of $370,000 (-21.3% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,647.
Public transport access includes 19 bus stops. 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 East offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($860K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.8x is considered moderate. House prices have moved -12.5% year-on-year.
Queanbeyan East is a smaller suburb in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2620). With a population of 4,240, the suburb has a mix of young professionals and families with a median age of 34. 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 English, Australian, Irish.
The median house price in Queanbeyan East is $860,000, having dropped significantly 12.5% over the past year. Units have a median price of $370,000 (-21.3% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,647.
Public transport access includes 19 bus stops. 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 East offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($860K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.8x is considered moderate. House prices have moved -12.5% year-on-year.