Queanbeyan West, NSW

FAIR VALUE

1,511 sales · 20 years of data · NSW, Australia

$780,000
Median (All)
$890,000
Median (Houses)
$569,500
Median (Apartments)
5.9%
10yr CAGR
4.0%
20yr CAGR
35.7%
Strata %
20 years of data · 1,511 sales analysed · 2,500+ suburbs · Updated weekly

Queanbeyan West, NSW Property Market Overview

Queanbeyan West, NSW, 2620, is a suburb located near the Australian Capital Territory, offering a mix of residential living options. With a comprehensive dataset spanning 20 years and 1,511 recorded sales, AusPropertyInsights.app provides a detailed look into the Queanbeyan West property market.

The current median property price in Queanbeyan West is $780,000, with houses commanding a median of $890,000 and apartments at $569,500. Queanbeyan West presents a diverse property landscape, appealing to a range of buyers. This analysis delves into the key market dynamics shaping the value and appeal of properties in Queanbeyan West.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $887,012
Based on the 10-year compound annual growth rate of 5.9%
Mixed housing36% apartments
64% of sales are houses and other non-strata properties
Loading chart...

Property Mix

64%
36%
Houses 64%$890,000Apartments 36%$569,500

Data You Can Trust

Every figure backed by NSW government sale records

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

What Subscribers See

A preview of the full analysis available for Queanbeyan West

Street Rankings

Top streets in Queanbeyan West, NSW by median sale price

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

#StreetTypeSalesMedian Price
1Allumba StHouse5$945,000
2John Bull StHouse5$1,130,000
3Hellmund StHouse5$780,000
4Cassidy StApartment6$545,000

... and 53 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
1John Bull StHouse5$1,453/m²
2Gilmore RdApartment4$2,440/m²
3Bilkurra StHouse3$1,287/m²
4Cassidy StApartment5$4,464/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
1Nimmitabel StHouse+4.6%
2Gilmore PlHouse+4.8%
3Allumba StHouse+5.1%
4Cassidy StApartment+3.1%

... 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

13
apartment buildings analysed
#AddressSalesMedian$/m²
14 Cassidy St4$507,500$4,464/m²

... and 9 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.

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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

36%
apartments across 13 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

Unlock the full Queanbeyan West analysis

57 streets and 13 buildings to explore

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3 street rankings
All 57 streets ranked
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
13 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 1,511 verified property sales across 20 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Queanbeyan West at a Glance

Region
Southern Tablelands
CBD Distance
280km southwest of Sydney 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 West, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Queanbeyan West, NSW

Queanbeyan West offers a blend of suburban living with access to essential amenities. Families are drawn to the area due to schools like Queanbeyan West Public School and Queanbeyan South Public School, providing educational options within the local community.

Residents enjoy recreational spaces such as Queanbeyan Park and nearby green areas. Shopping needs are met by local shops and the larger Queanbeyan shopping precinct, providing convenient retail options. With easy access to Queanbeyan train station, commuting to Canberra and surrounding areas is facilitated. The suburb fosters a community atmosphere, appealing to those seeking a family-friendly environment.

The vibe is generally relaxed with a mix of established residents and newer families. Community events and local initiatives contribute to the suburb's strong sense of belonging.


Who Buys in Queanbeyan West?

Queanbeyan West attracts a diverse range of buyers, including families, first home buyers, and investors. The median house price of $890,000 and apartment price of $569,500 caters to varying budgets. The 35.7% strata (apartment) percentage suggests a significant market for apartment living, appealing to singles, couples, and downsizers.

The 10-year CAGR of 5.9% may attract investors seeking long-term growth potential. The suburb's combination of housing options, amenities, and relative affordability makes it an appealing choice for a broad spectrum of buyers.

Market Analysis

As of early 2026, the Queanbeyan West property market is assessed to be near its long-term trend, indicating fair value. This assessment suggests that property prices in Queanbeyan West are currently aligned with historical growth patterns and broader economic indicators.

Being at fair value means that the market isn't showing signs of being significantly over or undervalued, providing a stable environment for both buyers and sellers in Queanbeyan West. While this doesn't guarantee future performance, it suggests a market that is currently behaving predictably, based on historical data.


Is Queanbeyan West a Good Investment?

Queanbeyan West presents a market with historical growth patterns that warrant consideration. The 10-year CAGR of 5.9% reflects sustained property value appreciation over the past decade. The full-period CAGR of 4.0% over 20 years offers a longer-term perspective on market performance.

As of early 2026, the market is assessed to be near its long-term trend, indicating fair value. This suggests that current prices are aligned with historical trends, potentially offering a stable entry point for buyers. The blend of houses and apartments, as reflected in the strata percentage, provides diverse property options. The question of whether Queanbeyan West is a 'good investment' depends on individual circumstances and risk tolerance, but the suburb's historical performance and current market position are key factors to analyse.


Queanbeyan West Market Outlook

As of early 2026, the Queanbeyan West property market is assessed as being near its long-term trend, indicating fair value. Recent price trends suggest a stable market environment. This assessment is based on historical data and current market indicators.

While future performance cannot be guaranteed, the current market conditions in Queanbeyan West provide a snapshot of the suburb's property landscape as of early 2026.

Streets & Location in Queanbeyan West, NSW

Queanbeyan West, postcode 2620, features a variety of streets each contributing to the suburb's character. Notable streets in Queanbeyan West, based on median property prices, include HELLMUND ST, ALLUMBA ST, and GILMORE RD. The suburb comprises a total of 57 streets, creating a diverse residential environment.

Its location places it within proximity to both urban amenities and natural landscapes. Queanbeyan West provides a balance between convenient access to services and a suburban lifestyle.

Market Dynamics

Property transactions in Queanbeyan West typically settle in around 45 days, reflecting standard market efficiency. There is no data available regarding quick-flip activity in Queanbeyan West. This settlement timeframe provides a benchmark for understanding the pace of property sales in the area.

The recorded sales data indicates consistent activity in the Queanbeyan West property market, suggesting ongoing demand and turnover of properties.

Development & Density

Queanbeyan West contains 13 apartment buildings, contributing to the suburb's overall housing density. The strata percentage of 35.7% indicates a significant proportion of apartments within the suburb's property landscape. This mix of housing types caters to a diverse range of residents.

The existing development density in Queanbeyan West shapes the suburb's character and contributes to its appeal for those seeking different housing options.

Growth & Property Mix

Over the past 10 years, Queanbeyan West has experienced a Compound Annual Growth Rate (CAGR) of 5.9%. The full-period CAGR, calculated across the entire 20-year dataset, stands at 4.0%. These growth rates reflect the historical performance of the Queanbeyan West property market.

The suburb's property mix includes a strata (apartment) percentage of 35.7%, indicating a blend of housing types contributing to the overall market dynamics of Queanbeyan West.

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 West, NSW

What is the median property price in Queanbeyan West?
The current median property price in Queanbeyan West is $780,000. This figure is broken down into a median house price of $890,000 and a median apartment price of $569,500.
Is Queanbeyan West overvalued or undervalued?
As of early 2026, AusPropertyInsights.app assesses the Queanbeyan West property market to be near its long-term trend, indicating fair value. This means the market isn't currently showing signs of significant overvaluation or undervaluation.
How has the Queanbeyan West property market performed over 10 years?
Over the past 10 years, Queanbeyan West has experienced a Compound Annual Growth Rate (CAGR) of 5.9%. This reflects a consistent level of property value appreciation in Queanbeyan West over that period.
What percentage of Queanbeyan West is apartments vs houses?
Apartments account for approximately 35.7% of the properties in Queanbeyan West, as indicated by the strata percentage. This suggests a mix of housing types, with houses making up the larger proportion.
Where is Queanbeyan West in the property cycle?
Currently, the Queanbeyan West property market is assessed to be near its long-term trend, which indicates fair value. This suggests a balanced market with prices aligned with historical performance.
What schools are near Queanbeyan West?
Queanbeyan West and its surrounding areas are serviced by several schools. These include Queanbeyan West Public School and Queanbeyan South Public School, providing educational options for families in the area.
What is Queanbeyan West like to live in?
Queanbeyan West offers a suburban lifestyle with access to local amenities and green spaces. It's a community-oriented suburb with a mix of families and professionals, providing a relaxed and convenient living environment.
Is Queanbeyan West good for families?
Queanbeyan West can be a suitable suburb for families. It has schools, parks, and a mix of housing options, contributing to a family-friendly environment. Its proximity to Canberra also adds to its appeal.
How far is Queanbeyan West from Sydney CBD?
Queanbeyan West is approximately 280km southwest of the Sydney CBD. While it's not a commutable distance for daily work, it is accessible via major roads and train services.
What transport options are in Queanbeyan West?
Queanbeyan West is serviced by the Queanbeyan train station, which provides NSW TrainLink services to Canberra and other regional areas. Local bus routes also operate within the suburb, and major roads connect it to surrounding areas.
How does Queanbeyan West compare to nearby suburbs?
Compared to some nearby Canberra suburbs, Queanbeyan West may offer more affordable property options. Growth rates can vary, so it's important to compare historical performance and current market conditions with neighbouring areas.
Is Queanbeyan West a good first home buyer suburb?
Queanbeyan West may be an option for first home buyers, particularly with the availability of apartments and more affordable houses compared to Sydney. The median prices, along with historical growth, are factors to consider.
What are the best streets in Queanbeyan West?
Based on median property prices, some of the top streets in Queanbeyan West include HELLMUND ST, ALLUMBA ST, and GILMORE RD. These streets reflect varying property characteristics and price points within the suburb.
How many properties have been sold in Queanbeyan West?
Over the 20-year data period, there have been a total of 1,511 recorded property sales in Queanbeyan West. This indicates a consistent level of market activity within the suburb.
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