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Queanbeyan

NSW 2620LGA: Queanbeyan-Palerang Regional

Investment Score

78

/100

AI Intelligence Summary

Queanbeyan is a thriving regional city in NSW, strategically positioned on the ACT border and serving as a major residential hub for Canberra workers. With a population of approximately 42,000, the city offers an attractive alternative to ACT living with more affordable housing, strong community amenities, and excellent connectivity to the national capital. The suburb features a diverse housing mix from heritage homes in the established town center to modern developments on the periphery. Queanbeyan benefits from steady population growth driven by ACT employment opportunities, with many residents commuting to Canberra for work while enjoying the relaxed regional lifestyle and lower cost of living. The local economy is supported by retail, services, and light industry, complemented by quality educational facilities and recreational amenities. The property market remains closely linked to Canberra's economic performance and offers strong investment potential for both owner-occupiers and investors seeking exposure to the ACT employment market at more accessible price points.

Strengths

  • Strategic location adjacent to ACT border with easy Canberra access
  • Significantly more affordable housing compared to equivalent ACT suburbs
  • Strong rental demand from ACT workers seeking lower cost accommodation
  • Established infrastructure with ongoing upgrades supporting growth

Opportunities

  • Continued population growth driven by Canberra's expansion
  • Infrastructure development projects enhancing connectivity and amenities
  • New residential developments expanding housing supply and choice
  • Growing appeal as affordable alternative to ACT property market

Considerations

  • Heavy economic dependence on ACT government employment stability
  • Limited local employment diversity outside government and services
  • Potential traffic congestion during peak commuting periods
  • Competition from other border suburbs for Canberra workers

Property Market

Median House

$720K

+8.5% 1yr

Median Unit

$485K

+7.2% 1yr

Median Townhouse

$620K

Rent (House)

$580/wk

Rent (Unit)

$475/wk

Days on Market

32

Vacancy Rate

1.8%

Auction Clearance

72.0%

Price Growth

Type1 Year3 Year5 Year
House+8.5%+28.2%+45.8%
Unit+7.2%+25.5%+42.1%

Rental Yields

House Yield

4.2%

Unit Yield

5.1%

Townhouse Yield

4.5%

Investment Scorecard

Overall Investment Score78/100
Growth Potential82/100
Cashflow Score74/100
Risk Score (lower = safer)72/100
Affordability Index72/100

Demand/Supply Ratio: 1.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Queanbeyan at median house price

Standard transfer
$26,930
First Home Buyer
Exempt

Save $26,930

Foreign buyer surcharge
$57,600

+8% surcharge

Annual rent income
$30,160

$580/wk

Interest (80% LVR @ 6.5%)
-$37,440
Other expenses (~2.5%)
-$18,000
Net rental position
-$25,280

Negatively geared

Tax benefit (39% MTR)
+$9,859

Reduces taxable income

After-tax holding cost
$15,421/yr

~$297/week

Based on 9.2% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$1.12M
Capital gain
$365,434
After discount
$182,717
CGT payable
$71,260

10-Year Hold

Est. value
$1.73M
Capital gain
$979,158
After discount
$489,579
CGT payable
$190,936

Investor Quick Summary

Entry cost (stamp duty)

$26,930

After-tax yield

2.56%

Weekly holding cost

$297/wk

10yr CGT (est.)

$190,936

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

42,000

Median Age

38

Median Income

$85K

per annum

Family Households

68.0%

Professionals

45.0%

University Educated

42.0%

Unemployment

4.2%

Born Overseas

28.0%

Dwelling Mix

Houses: 72%Units: 22%Townhouses: 6%Total: 18,500

Lifestyle & Community

Walkability65/100
Public Transport6/10
Schools Rating7/10
Safety8/10
Family Friendly9/10
Cafes & Restaurants

85

Parks

15

Hospitals

2

Distance to CBD

290.0 km

Nearest Station: Queanbeyan Railway Station (heritage, no passenger service)

Family-oriented community with parks, sporting facilities, local markets, heritage attractions, and easy access to Canberra's entertainment and cultural amenities

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Data sourced from multiple sources. Last updated 29 March 2026.

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