Queanbeyan’s central boom: New homes, old-school value

It’s just a 20-minute drive between the CBDs of Canberra and Queanbeyan, yet their residential home markets are a study in contrasts.

The biggest difference is in the median price of detached homes, with the cross-border town’s sitting well below comparable ACT postcodes: $770,000 versus $1.14 million, according to the latest Domain House Price Report.

However, local market momentum is being driven by more than just price, say Queanbeyan agents.

Ben Mills of Jonny Warren Properties says redevelopment potential is also part of the appeal.

“Queanbeyan’s older housing stock has seen knockdown-rebuilds with buyers attracted to larger blocks in established streets,” he says.

“That comes with the ability to design a new home, like 10 Morton Street, in a centrally located neighbourhood.”

Mills says the town continues to draw home buyers across the border for those reasons, along with its laid-back appeal.

“It’s close to Canberra, but with a down-to-earth charm that sets it apart,” he says.

Aaron Papahatzis of Belle Property Queanbeyan says sales have been strong in the first quarter of the year, especially in two sectors.

“We’re seeing ongoing interest in the townhouse and cottage markets with prices around the $700,000-$900,000 mark,” he says. “And larger homes are finding buyers in the $1.1 million to $1.3 million range.”

Papahatzis says Canberrans have realised they can get more value for their dollar in Queanbeyan and still be close to workplaces in Fyshwick, the Parliamentary Triangle and the CBD.

Joining the Q

Value and location

Queanbeyan offers comparatively affordable homes, often with character on good-sized blocks. The equation is enhanced by proximity to Canberra workplace hubs like Fyshwick, the Parliamentary Triangle and the CBD.

Crowd favourite

The town appeals to downsizers, young families and professionals drawn to its walkable centre, improving amenities – such as The Q performing arts centre – and a lively restaurant and cafe scene.

Lifestyle

Buyers are drawn to Queanbeyan’s blend of heritage streetscapes, new developments, riverside green spaces and ongoing town revitalisation, along with a relaxed, regional town vibe that is genuinely welcoming.

Feature Property

$1,399,000 - $1,479,000

10 Morton Street, Queanbeyan NSW 2620

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Agent: Jonny Warren Properties, Ben Mills 0422 765 130

Every house has a history steeped in years of memories. Yet, there is a unique magic in a brand-new build – it’s a blank page just waiting for its first chapter.

Enter this pristine 2026 house on Morton Street, Queanbeyan.

The owners’ goal has been to design a modern family home that delivers comfort and energy efficiency, while settling comfortably into its neighbourhood.

They teamed up with Pelle Architects and Onsite Building to maximise the potential of a block that’s just under 600 square metres.

The floor plan keeps it simple and makes the most of the space to deliver 234 square metres of living area.

A formal lounge room offers a quiet living area and leads into an open-plan family and dining zone beneath a raked ceiling.

The kitchen is bathed in light through Velux skylights. It features Polytec cabinetry, an island bench and brand appliances. A generous butler’s pantry adds more storage and prep space. Parents will welcome a mudroom bench in the laundry.

The home features four bedrooms. The primary suite has a spacious walk-in wardrobe and an en suite with a skylight, floor-to-ceiling tiles and a big walk-in shower. It also has access to the patio.

Seven-star energy efficiency is delivered through reverse-cycle heating and cooling, under-slab heating in the bathrooms, and high-performance double-glazing.

Outside, there’s a large covered entertainment area (with a raked ceiling, a kitchen and travertine paving) and a landscaped, low-maintenance yard with side access. Vehicles are housed in a double carport.