Queanbeyan at a glance
6,421
People
$850,000
Median sale
$580/wk
Median rent
3.55%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
NSW › Queanbeyan › Banksia Cres
$799,000
Last sold
19 Jan 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
613 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$799,000
19 Jan 2026 · derived via latest_sale
Local land rate: recorded House sales in Queanbeyan (last 5 years) with land size have a median of $1,198/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
Queanbeyan at a glance
6,421
People
$850,000
Median sale
$580/wk
Median rent
3.55%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Queanbeyan
-6.0%
Median sale
Suburb $850,000
+0.22 pp
Gross yield
Suburb 3.55%
Suburb median $850,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Queanbeyan-Palerang Regional Local Environmental Plan 2022
Zone
Low Density Residential
R2
Jurisdiction
Queanbeyan-Palerang
Queanbeyan-Palerang, NSW
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Low Density Residential · R2 (Queanbeyan-Palerang Regional Local Environmental Plan 2022). Official parcel area about 714 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $580/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.
Detail
Zoned Low Density Residential · R2 (Queanbeyan-Palerang Regional Local Environmental Plan 2022). Official parcel area about 714 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.
Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · R2 (Queanbeyan-Palerang Regional Local Environmental Plan 2022). Official parcel area about 714 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 714 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Queanbeyan at a glance
6,421
People
$850,000
Median sale
$580/wk
Median rent
3.55%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ian McNamee & Partners QueanbeyanRates: $4,027.00 per annum
Block: 613m2
Positioned in a peaceful loop street directly opposite a park and playground, this affordable 4 bedroom, two-bathroom brick veneer home offers practical family living with a host of recent improvements and thoughtful inclusions.
Step inside to a generous open-plan living and meals area, complemented by a large kitchen featuring stainless steel appliances, excellent bench space, a pantry, and natural gas cooking. Year-round comfort is assured with natural gas ducted heating throughout and a split system air-conditioner in the living room.
The home includes four well-sized bedrooms, a renovated bathroom showcasing a modern walk-in shower design, plus a separate toilet for convenience. There are 2 full bathrooms. A large laundry adds to the practical layout.
Outdoor features are equally appealing, with a secure yard ideal for children and pets, garden beds, a garden shed, and a welcoming front porch. Car accommodation is well covered with a large single garage and a single carport and secure yard..
Well located, well maintained, and well suited to families or investors, this home offers an easy lifestyle in a highly convenient setting.
Features Include:
- New carpet
- Upgraded ridge capping
- Modern second bathroom
- Separate toilet
- Natural gas hot water system
- Private front patio
- Private established grounds
- Easy access to shopping village
- Secure yard for children or pets
- Safely fenced playground directly across the road
To view contact Darren Bennett on 0418 633 806 d.bennett@mcnamee.com.au
Disclaimer: All purchasers must rely on their own enquiries, as the vendors or their respective agents do not make any warranty as to the accuracy of the information provided above and do not or will not accept any liability for any errors, misstatements or discrepancies in that information. We have diligently and conscientiously undertaken to ensure it is as current and as accurate as possible.
Listing description written by Darren Bennett, Ian McNamee & Partners Queanbeyan — reproduced as published, not verified by Districts.
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