Queanbeyan, NSW

FAIR VALUE

17,029 sales · 36 years of data · NSW, Australia

$620,000
Median (All)
$905,000
Median (Houses)
$435,000
Median (Apartments)
5.6%
10yr CAGR
5.8%
36yr CAGR
31.5%
Strata %
36 years of data · 17,029 sales analysed · 2,500+ suburbs · Updated weekly

Queanbeyan, NSW Property Market Overview

Queanbeyan, NSW, a significant regional centre not far from Canberra, presents a well-established property market. With 36 years of recorded data and a total of 17,029 sales, Queanbeyan offers a comprehensive historical perspective for property analysis. The current median property price across all types is $620,000, reflecting a diverse market.

Queanbeyan's property landscape includes houses with a median price of $905,000 and apartments at $435,000. The suburb's historical growth is notable, demonstrated by its long-term capital appreciation. This makes Queanbeyan a key area for understanding property trends in the broader NSW region.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $862,202
Based on the 10-year compound annual growth rate of 5.6%
Mixed housing32% apartments
69% of sales are houses and other non-strata properties
Loading chart...

Property Mix

69%
32%
Houses 69%$905,000Apartments 32%$435,000

Data You Can Trust

Every figure backed by NSW government sale records

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

What Subscribers See

A preview of the full analysis available for Queanbeyan

Street Rankings

Top streets in Queanbeyan, NSW by median sale price

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

#StreetTypeSalesMedian Price
1Derrima RdHouse5$759,000
2Stornaway RdHouse5$920,000
3Erin StApartment5$685,000
4Morton StHouse6$885,000

... and 531 more streets available

Subscribers also see:

  • 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
1Stornaway RdApartment5$4,294/m²
2Kathleen StHouse4$1,884/m²
3Crawford StHouse7$1,977/m²
4Erin StApartment3$4,419/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
1Donald RdApartment+12.7%
2Carinya StApartment+7.6%
3Stornaway RdHouse+8.7%
4Ross RdHouse+7.6%

... 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

80
apartment buildings analysed
#AddressSalesMedian$/m²
140 Antill St4$640,000$3,962/m²
29 Stornaway Rd5$400,000$4,294/m²
319 Henderson Rd3$583,000$5,205/m²
44 Ross Rd4$472,500$3,195/m²

... and 76 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

45
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

32%
apartments across 80 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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535 streets and 80 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
80 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 17,029 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Queanbeyan 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, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Queanbeyan, NSW

Living in Queanbeyan offers a blend of community spirit and convenient access to amenities. Families are drawn to the area due to its schools, including Queanbeyan South Public School and Queanbeyan High School. The Queanbeyan train station provides easy access to Canberra and surrounding areas.

Shopping needs are met by the Queanbeyan City Centre, which features a variety of retail outlets and services. For outdoor recreation, residents can enjoy parks like Queanbeyan Park and the Queanbeyan River. The suburb fosters a friendly, community-oriented vibe, making it an attractive place to call home. Queanbeyan is known for its strong sporting culture and active community groups.


Who Buys in Queanbeyan?

Queanbeyan attracts a diverse range of buyers, including families, first home buyers, and investors. The median house price of $905,000 appeals to established families seeking larger homes. The apartment median of $435,000, coupled with the 31.5% strata title percentage, makes Queanbeyan attractive to first home buyers and downsizers. The historical CAGR figures also draw investors seeking long-term capital growth. Queanbeyan's blend of affordability and growth potential caters to a broad spectrum of property purchasers.

Market Analysis

Currently, Queanbeyan's property market is assessed as being near its long-term trend, indicating fair value. This suggests that property prices in Queanbeyan are aligned with their historical performance.

A market in this cycle position typically displays stable growth patterns, reflecting underlying economic fundamentals rather than speculative bubbles. Understanding this cycle position can provide insights into the potential for future price movements in Queanbeyan.


Is Queanbeyan a Good Investment?

Queanbeyan's property market has demonstrated consistent growth over the long term, making it an area of interest for property observers. The 10-year CAGR of 5.6% and the full-period CAGR of 5.8% indicate sustained capital appreciation. The historical performance of Queanbeyan's property market suggests underlying stability.

Currently, the property market in Queanbeyan is assessed as being near its long-term trend, suggesting fair value. This cycle position may indicate a balanced market dynamic, reflecting both supply and demand factors. The combination of historical growth and the current cycle position makes Queanbeyan a suburb worth considering for those interested in the NSW property market.


Queanbeyan Market Outlook

As of early 2026, Queanbeyan's property market is assessed as being near its long-term trend, indicating fair value. Recent price trends in Queanbeyan reflect this stable market position. The property market in Queanbeyan continues to be influenced by regional economic factors and population growth. This stable position provides a foundation for continued observation of the Queanbeyan market.

Streets & Location in Queanbeyan, NSW

Queanbeyan, postcode 2620, features a variety of residential streets, with a total of 535 streets contributing to its unique character. Notable streets in Queanbeyan, based on median property prices, include STORNAWAY RD, CRAWFORD ST, and IRENE AVE. The location of these streets within Queanbeyan influences their property values. Queanbeyan's proximity to Canberra also plays a role in its property market dynamics.

Market Dynamics

Property transactions in Queanbeyan typically have an average settlement timeframe of 45 days. This indicates a reasonably efficient market process for buyers and sellers. While specific quick-flip data is not available, the settlement timeframe provides a general indication of market activity in Queanbeyan. Understanding these dynamics can assist in gauging the fluidity of the property market in Queanbeyan.

Development & Density

Queanbeyan features a mix of housing types, with a notable presence of apartment buildings. There are approximately 80 apartment buildings within Queanbeyan, contributing to a strata title percentage of 31.5%. This indicates a significant proportion of apartment living within the suburb. The development density in Queanbeyan reflects its growth as a regional centre, balancing traditional housing with more compact living options.

Growth & Property Mix

Queanbeyan's property market has demonstrated consistent growth over the long term. The 10-year Compound Annual Growth Rate (CAGR) stands at 5.6%, while the 20-year CAGR is 4.2%. Over the entire 36-year period, the CAGR is 5.8%. This historical data highlights the long-term capital appreciation potential of Queanbeyan properties. The property mix in Queanbeyan includes both houses and apartments, with apartments representing a notable portion of the market.

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, NSW

What is the median property price in Queanbeyan?
The current median property price in Queanbeyan is $620,000 across all property types. Houses have a higher median price of $905,000, while apartments are more affordable with a median of $435,000.
Is Queanbeyan overvalued or undervalued?
Currently, Queanbeyan's property market is assessed as being near its long-term trend, indicating fair value. This suggests that property prices are aligned with their historical performance.
How has the Queanbeyan property market performed over 10 years?
Over the past 10 years, the Queanbeyan property market has shown a Compound Annual Growth Rate (CAGR) of 5.6%. This indicates consistent growth and capital appreciation over that period.
What percentage of Queanbeyan is apartments vs houses?
Apartments comprise a significant portion of the Queanbeyan property market, with a strata title percentage of 31.5%. This means that approximately 31.5% of properties in Queanbeyan are apartments.
Where is Queanbeyan in the property cycle?
Queanbeyan's property market is currently assessed as being near its long-term trend. This suggests that the market is at fair value.
What schools are near Queanbeyan?
Queanbeyan is served by several schools, including Queanbeyan South Public School, Queanbeyan West Public School, and Queanbeyan High School. These schools cater to families living in and around the area.
What is Queanbeyan like to live in?
Queanbeyan offers a community-oriented lifestyle with a mix of residential areas, parks, and local shops. It provides a balance between city convenience and a more relaxed pace of life, making it attractive to families and professionals alike.
Is Queanbeyan good for families?
Queanbeyan can be a good option for families, with access to schools, parks, and community facilities. The suburb features a mix of housing options, including houses suitable for families, and is generally considered a safe area.
How far is Queanbeyan from Sydney CBD?
Queanbeyan is located approximately 280 kilometres southwest of the Sydney CBD. The journey by car takes around 3 hours, while train services are also available, connecting through Canberra.
What transport options are in Queanbeyan?
Queanbeyan is serviced by the Queanbeyan train station, providing rail links to Canberra and Sydney. Several bus routes operate within the suburb, and major roads like the Monaro Highway connect Queanbeyan to surrounding areas.
How does Queanbeyan compare to nearby suburbs?
Compared to Canberra suburbs, Queanbeyan generally offers more affordable property prices. While Canberra might have higher growth rates in certain periods, Queanbeyan provides a more established market with a longer history.
Is Queanbeyan a good first home buyer suburb?
Queanbeyan may be an option for first home buyers, particularly those priced out of Canberra's market. The presence of apartments with a median price of $435,000 presents a more affordable entry point, and the historical growth suggests potential for long-term capital appreciation.
What are the best streets in Queanbeyan?
Based on median property prices, some of the top streets in Queanbeyan include STORNAWAY RD, CRAWFORD ST, and IRENE AVE. These streets may offer desirable locations and property characteristics within the suburb.
How many properties have been sold in Queanbeyan?
Over the 36 years of recorded data, a total of 17,029 properties have been sold in Queanbeyan. This indicates a substantial volume of transactions and a well-established property market.
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