Queens Park NSW Property Investment

Waverley · 2022 · Score: 71/100 · Buy

Median House Price
$4.08M
Rental Yield
2.5%
Vacancy Rate
1.6%
Median Weekly Rent
$1973/wk
Median Unit Price
$1.39M
Population
3,143
Days on Market
52 days
Annual Growth
-27.8%

Queens Park Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$496/night
Occupancy Rate
40%
Est. Annual Revenue
$72K
AI Investment Analysis

Queens Park NSW Investment Brief

BUY$4,078,150 median with 7.3%/yr growth over 5 years.

THE MARKET

Queens Park has compounded at 7.3%/yr over 5 years — a house that cost $2,867,244 in 2021 is worth $4,078,150 today. Properties are sitting on market for 52 days (buyers have negotiating room). At the same growth rate, today's median reaches $5,800,452 by 2031.

  • Median house: $4,078,150 | Units: $1,390,102
  • Gross yield: 2.5% | Net yield: 1.0%
  • 5yr price CAGR: 7.3%/yr | 3yr forecast: 9.1%/yr
  • Population: 3,143 | Owner-occupier rate: 49% | Affluence: Very High
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 1.6% (improving) | Rental demand: High
  • Median weekly rent: $1,973/wk | Days on market: 52 (worsening)
  • Landlord market — rents likely to keep rising.

SHORT-TERM RENTAL

  • Median nightly rate: $496/night | Occupancy: 40%
  • Estimated annual STR gross: ~$72,416/yr
  • vs long-term rent: $102,596/yr (comparable — LTR offers simpler management)

INFRASTRUCTURE & CATALYSTS

  • New Intercity Fleet (NSW Trains) (Under Delivery)
  • Sydney Gateway (Under Construction)
  • Sydney Metro City & Southwest (Operational)
  • Sydney Metro West (Under Construction)
  • Transport: Well-connected inner-city location

BULL CASE

If Queens Park maintains 3%+ annual growth and vacancy stays below 1.1%, median prices could reach $4,689,872 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Queens Park pull back 10-15% from $4,078,150, with vacancy rising to 2.9% and rental yields softening as tenants gain leverage.

KEY RISKS

  • Premium price point limits buyer pool and increases interest rate sensitivity

COMPARABLE MARKETS

  • Bondi (NSW): $4,422,566 median, 2.4% yield, 7.1% 1yr growth
  • Burraneer (NSW): $3,381,233 median, 2.8% yield, 8.5% 1yr growth
  • Chatswood (NSW): $3,338,902 median, 2.1% yield, 2.5% 1yr growth

THE PLAY

Queens Park presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 2.5% and prioritise properties with value-add potential. Consider timing entry around the current above_trend phase of the market cycle.

  • Entry range: $3,670,335$4,485,965
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy staying below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Early gentrification signals5.5/10
High SEIFA decile — already upgraded or established affluent area
Above-average capital growth (7.3% CAGR)
Inner/middle ring location (5.1km to CBD) — high gentrification corridor
High renter base (48%) — room for tenure upgrade as area improves
Active development pipeline (1122 approvals) — supply attracting new residents

Growth Forecast

high confidence
1yr Forecast
6.7%
p.a.
2yr Forecast
6.1%
p.a.
5yr Forecast
5.3%
p.a.

Basis: 5yr CAGR 7.3% + 10yr CAGR 6.3%

Growth drivers
  • +Above-average population growth (1.6%/yr)
  • +Low rental vacancy (1.6%) — constrained supply
Headwinds
  • High supply pipeline (1122 new approvals) — may cap price growth

Suburb Metric Thresholds

7 green4 yellow4 red
Rental Vacancy Rate
1.6 high impact
Days on Market
52 high impact
Weekly Rent (house)
1973 medium impact
5yr Price CAGR
7.34 high impact
10yr Price CAGR
6.31 high impact
1yr Price Growth
-27.8 medium impact
Population Growth
1.55 high impact
Median Household Income
2484 medium impact
Unemployment Rate
4.1 medium impact
Public Transport Score
No data medium impact
School Zone Quality
7.1 medium impact
Distance to CBD
5.06 medium impact
SEIFA Advantage/Disadvantage
10 medium impact
Owner Occupier Rate
48.6 medium impact
Gross Rental Yield (%)
2.52 high impact
Net Rental Yield (%)
1.02 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-04

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

231

2020

208

2021

416

2022

115

2023

152

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 2022

Most disadvantagedLeast disadvantaged

Decile 9 of 10 — Low disadvantage

Population

13,509

Education (IEO)

10/10

Econ. Resources (IER)

4/10

10-Year Investment Projection

Modelled on Queens Park NSW data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $1973/wk median rent for Queens Park. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Waverley PS
PrimaryGovernment
9/10
Randwick HS
SecondaryGovernment
7.4/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.