Queanbeyan-Palerang Regional CouncilEconomic profile
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Queanbeyan-Palerang Regional Council area

Housing prices

At June 2016, the median house valuation in the Queanbeyan-Palerang Regional Council area was $27,263 higher compared to New South Wales.

This indicator shows the value of houses and units in the Queanbeyan-Palerang Regional Council area and wider region during the period 2011-2016. Housing values are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Value of houses
Value of houses New South Wales: $711,006 New South Wales: $637,533 New South Wales: $569,226 New South Wales: $508,933 New South Wales: $457,239 New South Wales: $441,305 Regional NSW: $452,301 Regional NSW: $415,366 Regional NSW: $386,543 Regional NSW: $374,611 Regional NSW: $351,644 Regional NSW: $342,479 Queanbeyan-Palerang Regional Council area: $591,833 Queanbeyan-Palerang Regional Council area: $563,842 Queanbeyan-Palerang Regional Council area: $546,808 Queanbeyan-Palerang Regional Council area: $536,196 Queanbeyan-Palerang Regional Council area: $526,892 Queanbeyan-Palerang Regional Council area: $533,247
Source: Hometrack 2011-2016, Housing Valuation System
Value of units
Value of units New South Wales: $671,543 New South Wales: $614,575 New South Wales: $559,521 New South Wales: $496,521 New South Wales: $430,178 New South Wales: $423,410 Regional NSW: $365,414 Regional NSW: $332,854 Regional NSW: $308,161 Regional NSW: $293,646 Regional NSW: $275,224 Regional NSW: $274,634 Queanbeyan-Palerang Regional Council area: $306,292 Queanbeyan-Palerang Regional Council area: $299,049 Queanbeyan-Palerang Regional Council area: $291,727 Queanbeyan-Palerang Regional Council area: $309,669 Queanbeyan-Palerang Regional Council area: $293,683 Queanbeyan-Palerang Regional Council area: $294,782
Source: Hometrack 2011-2016, Housing Valuation System
Median housing value
HousesUnits
Year (at June)Queanbeyan-Palerang Regional Council areaRegional NSWNew South WalesQueanbeyan-Palerang Regional Council areaRegional NSWNew South Wales
2012$533,247$342,479$441,305$294,782$274,634$423,410
2013$526,892$351,644$457,239$293,683$275,224$430,178
2014$536,196$374,611$508,933$309,669$293,646$496,521
2015$546,808$386,543$569,226$291,727$308,161$559,521
2016$563,842$415,366$637,533$299,049$332,854$614,575
2017$591,833$452,301$711,006$306,292$365,414$671,543

Source: Hometrack 2011-2016, Housing Valuation System.

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