Queens Park, NSW

UNDERVALUED

1,845 sales · 30 years of data · NSW, Australia

$2,800,000
Median (All)
$3,715,000
Median (Houses)
$1,290,000
Median (Apartments)
6.3%
10yr CAGR
8.5%
30yr CAGR
25.8%
Strata %
30 years of data · 1,845 sales analysed · 2,500+ suburbs · Updated weekly

Queens Park, NSW Property Market Overview

Queens Park, NSW, 2022, is a highly sought-after residential suburb located in Sydney's Eastern Suburbs. Our data spans 30 years, encompassing 1,845 recorded sales, providing a robust understanding of its property market. The current median property price (all types) in Queens Park sits at $2,800,000.

Queens Park's property landscape is diverse, with houses boasting a current median of $3,715,000 and apartments at $1,290,000. This mix of property types contributes to the suburb's appeal, accommodating a range of lifestyles and budgets. Queens Park is notable for its proximity to Centennial Park, quality schools, and convenient access to the Sydney CBD.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $921,091
Based on the 10-year compound annual growth rate of 6.3%
Predominantly houses26% apartments
74% of sales are houses and other non-strata properties
Loading chart...

Property Mix

74%
26%
Houses 74%$3,715,000Apartments 26%$1,290,000

Data You Can Trust

Every figure backed by NSW government sale records

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

What Subscribers See

A preview of the full analysis available for Queens Park

Street Rankings

Top streets in Queens Park, NSW by median sale price

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

#StreetTypeSalesMedian Price
1Alt StHouse9$5,435,000
2Queens Park RdApartment9$1,260,000
3Denison StHouse8$3,445,000
4Birrell StHouse8$2,800,000

... and 30 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
1Edmund StHouse4$15,327/m²
2Alt StHouse9$21,562/m²
3Birrell StApartment3$19,636/m²
4Denison StHouse8$18,420/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
1York RdHouse+6.9%
2Rawson AveHouse+9.1%
3Denison StHouse+6.0%
4Isabella StHouse+6.7%

... 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

45
apartment buildings analysed
#AddressSalesMedian$/m²
173 Birrell St3$836,000$19,636/m²
2129 Bronte Rd4$1,981,000$13,931/m²
3139 Bronte Rd3$1,207,500$12,212/m²

... and 41 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

61
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

26%
apartments across 45 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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34 streets and 45 buildings to explore

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3 street rankings
All 34 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
45 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 1,845 verified property sales across 30 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Queens Park at a Glance

Region
Eastern Suburbs
CBD Distance
6km east of Sydney CBD
Train Station
Bondi Junction Station (T4 Eastern Suburbs Line)
Council
Waverley Council
Property Character
Established residential with a mix of houses and apartments
Community
Affluent families and professionals

Queens Park, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Queens Park, NSW

Living in Queens Park offers a blend of leafy residential streets and convenient access to recreational amenities. The suburb is renowned for its proximity to Centennial Park, providing ample green space for outdoor activities and relaxation.

Queens Park boasts excellent schools, including Queens Park Public School and nearby Waverley College, making it an attractive location for families. The suburb is also well-serviced by public transport, with easy access to Bondi Junction train station and bus routes.

Residents enjoy the village atmosphere and community feel, with local cafes and shops catering to everyday needs. The proximity to Bondi Junction Westfield provides extensive shopping and dining options. Queens Park offers a relaxed lifestyle with easy access to both the city and the beach.


Who Buys in Queens Park?

Queens Park attracts a diverse range of buyers, including families drawn to the area's excellent schools and parks. The relatively high median prices, with houses at $3,715,000 and overall at $2,800,000, suggests an affluent demographic.

The 25.8% strata percentage indicates a significant proportion of apartment living, appealing to downsizers and professionals seeking low-maintenance properties. While the 6.3% 10-year CAGR reflects solid growth, it also points to a market that attracts discerning buyers looking for long-term value in Queens Park.

Market Analysis

Currently, Queens Park's property market is assessed to be below its long-term trend, placing it in undervalued territory. This cycle position reflects the relationship between current property values and historical performance.

Being in an undervalued position suggests that property prices in Queens Park may be temporarily lower than expected based on past trends. The market in Queens Park is subject to various factors, including interest rates, economic conditions, and buyer sentiment, all of which contribute to its cyclical movements.


Is Queens Park a Good Investment?

Queens Park has demonstrated consistent growth over the long term, with a 30-year CAGR of 8.5%. This historical performance suggests a resilient property market driven by strong demand and limited supply.

The suburb's current cycle position as below its long-term trend presents an interesting dynamic for potential buyers. The 10-year CAGR of 6.3% and 20-year CAGR of 6.2% further highlight Queens Park's consistent performance. Factors such as proximity to the CBD, quality schools, and lifestyle amenities contribute to the desirability and value of properties in Queens Park.


Queens Park Market Outlook

As of early 2026, Queens Park's property market is currently positioned below its long-term trend. Recent price trends reflect this cycle position, with adjustments observed across both houses and apartments.

Market conditions in Queens Park, as of early 2026, are influenced by broader economic factors and buyer sentiment. The suburb continues to be a sought-after location, and its long-term fundamentals remain strong.

Streets & Location in Queens Park, NSW

Queens Park is characterised by its leafy streets and proximity to Centennial Park. Key thoroughfares such as QUEENS PARK RD, RAWSON AVE, and DENISON ST are among the streets with the highest median property prices, reflecting their desirability.

Located within the 2022 postcode, Queens Park offers a blend of residential tranquility and convenient access to urban amenities. The suburb comprises a total of 34 streets, contributing to its diverse character and appeal.

Market Dynamics

Property transactions in Queens Park typically settle in around 61 days, representing the average timeframe from sale agreement to completion. This settlement period provides an indicator of market efficiency.

The absence of quick-flip data suggests a longer-term holding pattern for properties in Queens Park. This may indicate a preference for owner-occupiers and long-term investors over short-term speculation in Queens Park.

Development & Density

Queens Park exhibits a mix of housing types, with a noticeable presence of apartment buildings. The suburb contains 45 apartment buildings, contributing to its overall residential density.

The development density in Queens Park reflects its evolution as an established Eastern Suburbs location. The mix of houses and apartments caters to a diverse range of residents, influencing the suburb's character and appeal.

Growth & Property Mix

Over the past 10 years, Queens Park has demonstrated a Compound Annual Growth Rate (CAGR) of 6.3%. Looking further back, the 20-year CAGR is 6.2%. Considering the entire 30-year data period, Queens Park shows a CAGR of 8.5%.

The property mix in Queens Park includes a significant proportion of apartments, representing 25.8% of properties as strata title. This blend of houses and apartments contributes to the overall investment profile of the suburb.

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 Queens Park, NSW

What is the median property price in Queens Park?
The current median property price in Queens Park is $2,800,000 across all property types. Houses have a higher median of $3,715,000, while apartments are at $1,290,000.
Is Queens Park overvalued or undervalued?
According to our analysis, Queens Park is currently below its long-term trend, indicating it's in undervalued territory. This suggests that property prices may be lower than expected compared to historical performance.
How has the Queens Park property market performed over 10 years?
Over the past 10 years, the Queens Park property market has shown a solid Compound Annual Growth Rate (CAGR) of 6.3%. This indicates consistent growth in property values over that period.
What percentage of Queens Park is apartments vs houses?
Apartments, represented by strata titles, make up 25.8% of the properties in Queens Park. This indicates a mix of housing types, with houses making up the majority.
Where is Queens Park in the property cycle?
Our analysis indicates that Queens Park is currently below its long-term trend, placing it in undervalued territory. This reflects the current relationship between property values and historical trends.
What schools are near Queens Park?
Queens Park is located near several reputable schools, including Queens Park Public School and Waverley College. These schools contribute to the area's appeal for families.
What is Queens Park like to live in?
Queens Park offers a relaxed and leafy lifestyle with excellent access to Centennial Park. It's a family-friendly suburb with good schools, local shops, and convenient transport links.
Is Queens Park good for families?
Yes, Queens Park is generally considered a good suburb for families. It boasts quality schools, numerous parks, and a safe, community-oriented environment.
How far is Queens Park from Sydney CBD?
Queens Park is located approximately 6 kilometres east of the Sydney CBD. It's easily accessible by car, bus, or train via Bondi Junction station.
What transport options are in Queens Park?
Queens Park is well-connected by public transport, with Bondi Junction train station (Eastern Suburbs Line) providing direct access to the CBD. Numerous bus routes also service the area, and major roads offer convenient access to surrounding suburbs.
How does Queens Park compare to nearby suburbs?
Compared to its neighbours, Queens Park generally maintains higher median property prices, reflecting its desirability and location. While growth rates may fluctuate, Queens Park's long-term performance is typically strong compared to surrounding areas.
Is Queens Park a good first home buyer suburb?
With a median property price of $2,800,000, Queens Park can be a challenging market for first home buyers. However, the availability of apartments (median $1,290,000) provides some entry-level opportunities.
What are the best streets in Queens Park?
According to our data, QUEENS PARK RD, RAWSON AVE, and DENISON ST are among the streets with the highest median property prices in Queens Park. These streets are highly sought-after due to their location and property values.
How many properties have been sold in Queens Park?
Over the period of our data collection, a total of 1,845 properties have been sold in Queens Park, providing a substantial dataset for analysis.
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