Queanbeyan NSW Property Investment

---

## 2. Market Overview - Median house price: $792,335 - Median unit price: $465,110 - 1‑year price change: ‑2.8 % (indicates a short‑term dip, giving buyers negotiating power) - 5‑year CAGR: 14.9 % per annum (demonstrates strong long‑term capital growth) - 3‑year growth forecast: 13.5 % (suggests the market is expected to rebound strongly) - Days on market: *Data not provided*

Signal: Sellers are likely to be motivated after the recent 2.8 % decline, while buyers can lock in a high yield and position themselves for the projected 13.5 % upside over the next three years.

---

## 3. Rental Market - Median weekly rent: $650 / wk - Gross rental yield: 4.3 % - Vacancy rate: *Data not provided* - Demand rating: *Data not provided*

Interpretation: A 4.3 % yield signals robust rental demand relative to price. Even without vacancy data, the yield alone suggests the suburb can generate attractive cash flow for investors.

---

## 4. Short‑Term Rental (STR) Opportunity - STR nightly rate: *Data not provided* - STR occupancy: *Data not provided* - Estimated annual STR revenue: *Data not provided*

Conclusion: With no STR metrics available, the long‑term rental (LTR) model remains the only quantifiable option. Investors should treat LTR as the primary strategy until reliable STR data emerges.

---

## 5. Infrastructure & Growth Drivers - Known projects / transport: *Data not provided* - Employment base: *Data not provided*

Context: Queanbeyan sits on the border of the Australian Capital Territory, benefitting from spill‑over employment and services from Canberra. This proximity is a de‑facto growth catalyst, even though specific projects are not listed.

---

## 6. Bull Case Assume the 3‑year growth forecast of 13.5 % materialises as total price appreciation over the period:

• Projected median house price in 3 years:

• Potential rental upside: If weekly rent rises in line with price growth (13.5 % over three years), rent could reach roughly $650 × 1.135 ≈ $738 / wk, lifting the gross yield to around 4.3 % (or higher if yields improve).

Upside scenario: Capital gain of roughly $107,000 per median house plus rising cash flow, delivering total returns well above the current 4.3 % yield.

---

## 7. Risks | Risk | Quantified Concern | |------|--------------------| | Vacancy risk | No vacancy data; a rise above the national average (≈2.5 %) could erode the 4.3 % yield. | | Single‑employer dependency | No employment data; reliance on a dominant local employer would amplify downside if that employer contracts. | | Supply pipeline | No data on new dwellings; a surge in approvals could increase stock and pressure prices/yields. | | Rate sensitivity | Recent ‑2.8 % 1‑year price dip shows the market reacts to higher borrowing costs; further rate hikes could deepen the decline. |

---

## 8. The Play - Entry price range: $750,000 – $850,000 (brackets the median house price of $792,335). - Minimum yield target: ≥ 4.3 % (to match current market performance). - Watch signals: 1. Changes in days on market (once data becomes available). 2. Emerging vacancy statistics. 3. Interest‑rate movements from the RBA. 4. Any announced new housing supply or infrastructure projects.

• Recommended strategy: Acquire a median‑priced house or a well‑located unit, hold for 3–5 years to capture the forecast 13.5 % capital uplift, and rely on the 4.3 % gross yield for cash‑flow stability. Re‑evaluate if vacancy rates climb or if a significant supply pipeline is confirmed.