All Suburbs

Queanbeyan

NSW 2620LGA: Queanbeyan-Palerang Regional

Investment Score

78

/100

AI Intelligence Summary

Queanbeyan (2620), NSW, presents a compelling profile for astute real estate investors and lifestyle seekers, strategically positioned as a robust regional hub with strong ties to the ACT. The median house price of $720,000 and unit price of $485,000 offer a more accessible entry point compared to its Canberra neighbours, yet still reflect a healthy market. With a significant population of 42,000 and a median income of $85,000, the suburb demonstrates a solid economic foundation and a stable demographic. Its impressive Investment Score of 78.0/100 and Growth Potential of 82.0/100 highlight its attractiveness for capital appreciation and rental returns. The healthy rental yield for houses at 4.2% and a low vacancy rate of 1.8% underscore a strong rental market, indicating consistent demand from tenants. While its 290km distance from the Sydney CBD positions it as a regional centre rather than a commuter suburb, its proximity and connectivity to Canberra are its defining features. Lifestyle amenities are well-balanced, with a respectable Walkability Score of 65.0/100, good Schools Rating of 7.0/10, and a high Safety Rating of 8.0/10, making it an appealing choice for families and individuals seeking a community-oriented environment with urban conveniences. Queanbeyan is evolving, shedding its 'satellite town' image to become a vibrant, self-sufficient city with ongoing infrastructure development and a growing local economy that promises continued stability and growth.

Strengths

  • Strong Investment and Growth Potential scores indicate a robust market for capital appreciation.
  • Healthy rental yield (4.2% for houses) combined with a very low vacancy rate (1.8%) points to a strong and desirable rental market.
  • Accessible median house and unit prices compared to the adjacent Canberra market, offering relative affordability.
  • Solid population base (42,000) and healthy median income ($85,000) support local amenities and economic stability.

Opportunities

  • Continued integration and economic synergy with Canberra, leveraging its growth and employment opportunities.
  • Development of local industries and services to further enhance self-sufficiency and reduce reliance on Canberra.
  • Attracting a diverse range of residents, including those priced out of the Canberra market, seeking a more affordable and community-focused lifestyle.
  • Investment in local infrastructure and amenities to capitalise on strong growth potential and improve resident experience.

Considerations

  • Distance from major metropolitan CBDs (290km to Sydney) might limit appeal for those seeking direct city connections.
  • Perception as a 'satellite' to Canberra, potentially overshadowing its independent identity and local economic drivers.
  • Ongoing infrastructure development required to support continued population growth and maintain liveability standards.

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). This calculator provides estimates for illustrative purposes only and does not constitute financial, tax, or investment advice. Results depend on assumptions that may not reflect your actual situation. Tax laws, interest rates, and market conditions change frequently. Always consult a qualified professional — such as a CPA, mortgage broker, or financial adviser — before making financial decisions. Ding Group provides integrated advisory through Local Knowledge (CPA), Ding Financial (Mortgage Brokerage), and Ding Real Estate (Licensed Agency).

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

Interested in Queanbeyan?

Get a personalised buyer brief with AI-powered property intelligence for this suburb.

Data sourced from multiple sources. Last updated 16 April 2026.

Browse all suburbsContact DING