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 › Erin St
2
Bedrooms
1
Bathrooms
2
Car spaces
980 m²
Land
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.
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 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.
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 $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
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 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 Blackshaw Queanbeyan & JerrabomberraLou Baldan of Blackshaw Queanbeyan & Jerrabomberra proudly presents a rare opportunity to secure a tightly held residential complex at 57 Erin Street, Queanbeyan East.
Positioned in a quiet cul‑de‑sac just moments from the Queanbeyan CBD, this elevated and well‑maintained complex comprises four two‑bedroom units on a single title. With immediate rental income, no strata fees, and strong long‑term growth prospects, this is an investment offering seldom found in today's market.
Perfect for investors, SMSFs, or those seeking a low‑maintenance asset in a high‑demand location, this property delivers both stability and upside.
Key Investment Highlights...
- 4 x two‑bedroom units on one title
- No strata fees
- Three units currently tenanted (one unit currently vacant, offering value‑add potential)
- Quiet, tightly held cul‑de‑sac
- Elevated position with well‑maintained buildings
- Strong rental demand close to Queanbeyan CBD
- Ideal for portfolio expansion or SMSF acquisition
Unit Features...
- Open‑plan kitchen, meals and living area
- Two bedrooms with built‑in robes
- Bathroom with bath, separate shower and internal laundry
- Electric cooking and hot water
- Gas bayonet
- Private balcony for each unit
Parking & Storage...
- Four tandem garages
- Generous storage: two units with substantial internal storage plus additional storage for the remaining two, see details in the floorplan
- Additional off‑street parking at the front of the property
Land Details...
- Approx. 980m² block
- R4 High Density Residential zoning
Current Rental Details...
- Unit 1: Vacant (excellent opportunity to increase yield)
- Unit 2: $460 per week – Periodic lease
- Unit 3: $460 per week – Periodic lease
- Unit 4: $440 per week – Periodic lease
Outgoings...
- QPRC Rates: $8,948.00 p.a. approx.
- Water consumption: approximately $1,900.00 p.a. approx.
- Agent Fees: $6,853.00 for the 2024/2025 financial year
- Insurance (Rent Cover): $5,720.00 p.a. approx.
- Estimated gross income: $95,000 for the 2024/2025 financial year
Location
57 Erin Street offers exceptional convenience with easy access to local shops, schools, public transport and the Queanbeyan CBD. The area is known for consistent tenant demand and strong capital growth, making this an attractive long‑term investment.
Opportunities like this are increasingly rare.
Multi‑unit complexes on a single title, with no strata fees and strong income potential, are tightly held and highly sought after. Secure a solid, future‑proof investment in a proven location.
For further information or to arrange a private inspection, please contact:
Lou Baldan
Blackshaw Real Estate
0403 604 888
All care has been taken in the preparation of this marketing material, and details have been obtained from sources we believe to be reliable. Blackshaw do not however guarantee the accuracy of the information, nor accept liability for any errors. Interested persons should rely solely on their own enquiries.
Prior to enquiry or inspection of this property, you may wish to review our Information Collection Notice and Privacy Policy.
blackshaw.com.au/privacy
Listing description written by Luigi "Lou" Baldan, Blackshaw Queanbeyan & Jerrabomberra — reproduced as published, not verified by Districts.