Queanbeyan West is a smaller suburb in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2620). With a population of 3,146, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $110K per year, with an average household size of 2.5 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 West is $898,000, having increased 2.3% over the past year. Units have a median price of $800,000 (+40.5% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,000.
Public transport access includes 25 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 West offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($898K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.2x is considered moderate. House prices have moved +2.3% year-on-year.
Queanbeyan West is a smaller suburb in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2620). With a population of 3,146, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $110K per year, with an average household size of 2.5 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 West is $898,000, having increased 2.3% over the past year. Units have a median price of $800,000 (+40.5% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,000.
Public transport access includes 25 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 West offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($898K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.2x is considered moderate. House prices have moved +2.3% year-on-year.