Queanbeyan East, NSW

OVERVALUED

3,290 sales · 21 years of data · NSW, Australia

$570,000
Median (All)
$950,000
Median (Houses)
$479,000
Median (Apartments)
5.0%
10yr CAGR
1.9%
21yr CAGR
68.1%
Strata %
21 years of data · 3,290 sales analysed · 2,500+ suburbs · Updated weekly

Queanbeyan East, NSW Property Market Overview

Queanbeyan East, located in New South Wales near the border with the ACT, presents a diverse property market with a mix of houses and apartments. Our analysis, based on 21 years of data, reveals a total of 3,290 recorded sales in the suburb. The current median property price across all dwelling types in Queanbeyan East stands at $570,000.

Queanbeyan East is notable for its relatively high proportion of strata-titled properties, with apartments accounting for a significant segment of the market. The suburb offers a range of housing options, reflected in the difference between the median house price of $950,000 and the median apartment price of $479,000.

Currently overvalued
Relative to the long-term price trend line
$500K invested 10yr ago → $814,447
Based on the 10-year compound annual growth rate of 5.0%
Predominantly apartments68% apartments
32% of sales are houses and other non-strata properties
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Property Mix

32%
68%
Houses 32%$950,000Apartments 68%$479,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
21 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Queanbeyan East

Street Rankings

Top streets in Queanbeyan East, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Yass RdApartment10$596,500
2Waniassa StApartment6$522,500
3Bungendore RdApartment8$592,500
4Ford StApartment6$558,750

... and 53 more streets available

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  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Thurralilly StApartment8$3,330/m²
2Yass RdApartment7$3,690/m²
3Thomas Royal GdnsHouse3$1,955/m²
4Mowatt StApartment3$2,882/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Yass RdHouse+15.2%
2Booth StApartment+6.4%
3Macquoid StApartment+9.2%
4Waniassa StApartment+6.2%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

54
apartment buildings analysed
#AddressSalesMedian$/m²
16 High St7$442,000$4,350/m²
27 Bungendore Rd5$595,000$4,537/m²
320 Mowatt St3$557,000$2,882/m²
42 Dominion Pl5$401,500$3,979/m²

... and 50 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

46
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

68%
apartments across 54 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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57 streets and 54 buildings to explore

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Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
54 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 3,290 verified property sales across 21 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Queanbeyan East at a Glance

Region
Southern Tablelands
CBD Distance
15km east of Canberra CBD
Train Station
Queanbeyan Station (NSW TrainLink)
Council
Queanbeyan-Palerang Regional Council
Property Character
Established residential with a mix of houses and apartments
Community
Families and professionals

Queanbeyan East, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Queanbeyan East, NSW

Living in Queanbeyan East offers a blend of suburban convenience and access to natural amenities. Families are drawn to the area due to schools like Queanbeyan East Public School and Karabar High School. Shopping needs are easily met at the nearby Queanbeyan shopping centres.

Residents enjoy outdoor activities at parks like Queanbeyan Park and along the Queanbeyan River. The suburb provides a relaxed atmosphere with a strong sense of community. Queanbeyan East offers a mix of established homes and modern apartments, catering to diverse lifestyles. Proximity to Canberra provides additional employment and recreational opportunities for residents of Queanbeyan East.


Who Buys in Queanbeyan East?

Queanbeyan East attracts a diverse range of buyers. The relatively high percentage of strata properties (68.1%) suggests a significant number of apartment dwellers, including first home buyers and downsizers seeking low-maintenance living. The median house price of $950,000 also appeals to families looking for larger homes. The historical CAGR of 5.0% over the past 10 years may also attract investors seeking long-term growth in Queanbeyan East.

Market Analysis

Currently, the Queanbeyan East property market is positioned above its long-term trend, suggesting it is in overvalued territory. This cycle position indicates that property prices in Queanbeyan East may be elevated compared to their historical average.

Potential buyers and sellers in Queanbeyan East should be aware of this market dynamic, as it can influence negotiation strategies and expectations. The suburb's market cycle position reflects broader economic conditions and investor sentiment in the region.


Is Queanbeyan East a Good Investment?

Queanbeyan East's property market presents an interesting case for potential growth. The suburb's 10-year CAGR of 5.0% indicates a history of solid price appreciation, although the 20-year and full-period CAGR is lower at 1.9%. These figures suggest stronger growth in recent years compared to earlier periods.

Currently, Queanbeyan East's property market is positioned above its long-term trend, indicating it is in overvalued territory. This cycle position is an important factor to consider when analysing the potential for future price movements in Queanbeyan East. Understanding these historical trends and the current market cycle is crucial for assessing the suburb's long-term value proposition.


Queanbeyan East Market Outlook

As of early 2026, the Queanbeyan East property market is positioned above its long-term trend, indicating it's in overvalued territory. Recent price trends have reflected broader market conditions in the region. Monitoring these trends will be crucial for understanding the future direction of the Queanbeyan East property market.

Streets & Location in Queanbeyan East, NSW

Queanbeyan East, identified by postcode 2620, features a variety of residential streets. Among the streets with higher median prices are WANIASSA ST, THURRALILLY ST, and MULLOON ST. The suburb consists of 57 streets in total, offering a range of property types and locations within Queanbeyan East.

Market Dynamics

Transaction patterns in Queanbeyan East show an average settlement timeframe of 46 days. This indicates a relatively efficient process for property sales in the area. Data regarding quick-flip percentages is currently unavailable, but the average settlement time provides a snapshot of market liquidity in Queanbeyan East.

Development & Density

Queanbeyan East features a mix of housing types, with a notable presence of apartment buildings. There are 54 apartment buildings located within the suburb. The high percentage of strata-titled properties (68.1%) highlights the prevalence of apartment living in Queanbeyan East, influencing the overall density and housing composition of the area.

Growth & Property Mix

Historically, Queanbeyan East's property market has demonstrated steady growth. Over the past 10 years, the suburb has achieved a Compound Annual Growth Rate (CAGR) of 5.0%. Looking back further, the 20-year CAGR is 1.9%, matching the full-period CAGR since data collection began. These growth rates provide context for assessing the suburb's long-term performance, noting the differing growth rates over various timeframes.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Queanbeyan East, NSW

What is the median property price in Queanbeyan East?
The current median property price in Queanbeyan East is $570,000 across all dwelling types. This comprises a median house price of $950,000 and a median apartment price of $479,000, reflecting the diverse housing options available.
Is Queanbeyan East overvalued or undervalued?
According to our analysis, the Queanbeyan East property market is currently positioned above its long-term trend. This indicates that the suburb is in overvalued territory as of early 2026.
How has the Queanbeyan East property market performed over 10 years?
Over the past 10 years, the Queanbeyan East property market has experienced a Compound Annual Growth Rate (CAGR) of 5.0%. This demonstrates a steady increase in property values over the decade.
What percentage of Queanbeyan East is apartments vs houses?
Apartments account for a significant portion of the property market in Queanbeyan East. Approximately 68.1% of properties in the suburb are strata-titled, indicating a higher prevalence of apartments compared to houses.
Where is Queanbeyan East in the property cycle?
As of early 2026, Queanbeyan East is currently positioned above its long-term trend. This means the suburb is considered to be in overvalued territory within the property cycle.
What schools are near Queanbeyan East?
Queanbeyan East is conveniently located near several schools, including Queanbeyan East Public School and Karabar High School. These schools provide education options for families residing in the suburb.
What is Queanbeyan East like to live in?
Queanbeyan East offers a suburban lifestyle with access to essential amenities and green spaces. Residents enjoy a mix of established homes, modern apartments, and local parks, creating a comfortable and convenient living environment.
Is Queanbeyan East good for families?
Queanbeyan East can be a suitable suburb for families due to its proximity to schools, parks, and essential services. The availability of houses and apartments caters to different family sizes and preferences.
How far is Queanbeyan East from Sydney CBD?
Queanbeyan East is located approximately 275km southwest of the Sydney CBD. It is much closer to Canberra, being only about 15km east of the Canberra CBD.
What transport options are in Queanbeyan East?
Queanbeyan East offers various transport options, including the Queanbeyan train station providing access to NSW TrainLink services. Several bus routes also operate within the suburb, and major roads connect it to surrounding areas.
How does Queanbeyan East compare to nearby suburbs?
Queanbeyan East's median property price of $570,000 may be different to nearby suburbs, reflecting varying property types and amenities. Growth rates may also differ, influencing the relative attractiveness of each suburb.
Is Queanbeyan East a good first home buyer suburb?
With a median apartment price of $479,000, Queanbeyan East may present opportunities for first home buyers. The presence of apartments and the suburb's historical growth trends are factors to consider.
What are the best streets in Queanbeyan East?
While 'best' is subjective, streets with higher median prices in Queanbeyan East include WANIASSA ST, THURRALILLY ST, and MULLOON ST. These streets may offer desirable locations or property characteristics within the suburb.
How many properties have been sold in Queanbeyan East?
Over the past 21 years, there have been a total of 3,290 recorded property sales in Queanbeyan East. This figure represents the total number of transactions captured in our dataset.
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