Queanbeyan East at a glance
4,260
People
$872,500
Median sale
$529/wk
Median rent
3.15%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
NSW › Queanbeyan East › Molonglo St
4
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
No recorded sale price for this property yet.
Queanbeyan East at a glance
4,260
People
$872,500
Median sale
$529/wk
Median rent
3.15%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
Planning
Planning data is being calculated
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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 $529/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
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 East at a glance
4,260
People
$872,500
Median sale
$529/wk
Median rent
3.15%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Blackshaw Queanbeyan & JerrabomberraThis offering presents numerous opportunities for property investors, SMSFs, and owner-occupiers in a low-maintenance complex comprising only two townhouses, close to the Queanbeyan CBD. What's more, there are no strata fees!
Both townhouses are single-level and include two bedrooms, one bathroom and one garage. Options include renting both properties out as an investment, or being an owner-occupier living in one of the properties and renting out the other.
Each floor plan incorporates a large open-plan lounge and dining room with direct access to the kitchen, which boasts ample cupboard and bench space. Both bedrooms in each unit are spacious, with built-in robes and served by a bathroom that comprises a separate bath, shower recess, vanity, plus the added convenience of a separate toilet.
Both spacious townhouses have large wrap-around private generous courtyards.
Car accommodation is offered via a long tandem garage that opens into the rear courtyard and separates both townhouses.
The city centre is just a 10-minute walk or 1.7 km, and a game of golf is only 5 minutes away or 550 metres.
Unit 1: Comprises, entry, open plan kitchen meals and family room, 2 bedrooms, 1 bathroom with shower and separate bathtub, laundry and a single lockup garage with roller door to the rear for access to the yard. Offering electric cooking and hot water with a lovely parcel of land around the townhouse.
Unit 2: Comprises, entry, open plan kitchen meals and family room, 2 bedrooms, 1 bathroom with shower and separate bathtub, laundry and a single lockup garage with roller door to the rear for access to the yard. Offering electric cooking and hot water with a lovely parcel of land around the townhouse.
Investment Potential:
- Offering single-level design and convenient location.
- Current rental return, Unit 1: $450 pw on a periodic lease (i.e. month-to-month)
- Current rental return, Unit 2: $380 pw on a periodic lease (i.e. month-to-month)
- No strata fees, thereby reducing ongoing costs
- Low maintenance: both properties require minimal upkeep
- Flexible use: ideal for investors looking to rent both properties, SMSF to increase your property portfolio or for owner-occupiers who wish to live in one unit and rent out the other
- Rates: $3,800 p.a
- Block size: 673.2m2
- Landlords & Building insurances: please make your own enquires with regards to these costs, as they can vary depending on an individual/s circumstances.
Surrounding amenities:
Units 1 and 2 at 41 Molonglo Street, Queanbeyan East are conveniently located close to essential amenities and services. They offer easy access to local schools, shopping centres, and recreational areas within Queanbeyan, while also being a short drive from Canberra CBD.
Parks and recreation:
The suburb is near several parks and recreational areas, such as Queanbeyan Park and the Queanbeyan River, which offer walking trails, picnic spots, and other outdoor activities.
Schools:
The area is served by several schools, making it a convenient location for families with children.
Shopping:
There are local shops, supermarkets, and larger shopping centres nearby.
Transport:
Good access to public transportation, with bus services connecting Queanbeyan East to the rest of Queanbeyan and Canberra. Major roads and highways are easily accessible, facilitating travel by car.
Here's a detailed breakdown of the distances from Units 1 and 2 at 39
Molonglo Street, Queanbeyan East to key locations:
- Shopping centres: Riverside Plaza (Queanbeyan) approximately 1.7 km; Karabar Shopping Mall approximately 2.6 km; Canberra CBD approximately 15 km.
- Local schools: Queanbeyan East Public School approximately 0.5 km; Queanbeyan High School approximately 2 km.
- Public transport: buses connect to various parts of Queanbeyan and Canberra. The Queanbeyan Train Station is approximately 1.5 km away.
- Major roads: Molonglo Street connects to Kings Highway, which leads directly to Canberra and other significant locations in the region.
The spacious interiors, low-maintenance exteriors, and flexible usage options make it an attractive choice for both investors and owner-occupiers. The existing long-term tenants in one unit add to the appeal for those looking for immediate rental income.
Your inspection is a must. Call Lou Baldan on 0403 604 888 to book an appointment to view these great properties!
Listing description written by Luigi "Lou" Baldan, Blackshaw Queanbeyan & Jerrabomberra — reproduced as published, not verified by Districts.
Also look at
U23, 56 Trinculo Pl, Queanbeyan East NSW 2620
2-bed unit. Asking $369K–$379K.
U12, 1 Mowatt St, Queanbeyan East NSW 2620
2-bed unit. Asking $395K.
1/7 Hincksman St, Queanbeyan East NSW 2620
2-bed unit. Asking $240K–$255K.
U5, 16 Yarrow St, Queanbeyan East NSW 2620
2-bed unit. Asking $439K.