This Canberra border town's property market is 'buzzing'

Our border neighbour, Queanbeyan, couldn’t get much closer to Canberra, but there’s no doubt the drawn boundary between the two creates a real sense of separate identities.

Queanbeyan definitely has the feel of a NSW regional town, while just across the divide, everything is, well, capital.

Aaron Papahatzis of Belle Property Queanbeyan, says there’s plenty of optimism on his side of the border, especially when it comes to real estate.

“And Canberrans are finding plenty to like when they take a closer look at what’s on offer,” he says.

“Their budget definitely stretches further in Queanbeyan – and they can find homes with real character like the feature property cottage in Campbell Street.”

Papahatzis says the local lifestyle is also a distinctive drawcard for a wide range of people.

“Everyone from, say, retiring farmers to Canberrans are attracted to the more relaxed pace,” he says.

Gavin Van Zyl of White Rhino Property says the regional real estate market has really been buzzing.

“There’s a high number of buyers in the market and a lot of confidence,” he says.

“Lifestyle properties on acreages around Googong have been particularly sought-after.”

Van Zyl says he has also seen plenty of interest from Tuggeranong buyers seeking to maximise their budgets.

“There’s plenty of options to choose from and the travel distance to workplaces is often very similar,” he says.

“The Queanbeyan country town vibe is also a big drawcard for many who wish to become part of a tight-knit community.”

Queanbeyan property market outlook

Value

Queanbeyan still offers more bang for your buck than its capital city neighbour. First-home buyers and young families are attracted to the range of options, from apartments to detached homes.

Location

Our cross-border neighbour is as close to the Canberra CBD as some of the ACT’s outer suburbs. That means Queanbeyan is conveniently located to take advantage of capital employment, schooling and more.

Vibe

Queanbeyan exudes a regional town appeal with its typical main street, pubs, community markets and riverside location. But there’s nothing regional in its growing infrastructure, including schools, healthcare, and transport links.

Homes for sale in Queanbeyan

If you’re looking for large family homes on good-sized blocks there are plenty of options in Queanbeyan.

About 40% of properties in the suburb are separate houses, while another 25% are townhouses. Flats and units make up another 35%, Allhomes data shows.

Queanbeyan’s median house price sits at $861,500, while the median price for units is $520,000.

Search for properties for sale in Queanbeyan now.