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

Housing prices

At June 2018, the median house valuation in the Queanbeyan-Palerang Regional Council area was $98,985 lower 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 2014-2018. 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: $508,933 New South Wales: $569,226 New South Wales: $639,193 New South Wales: $712,545 New South Wales: $740,444 Regional NSW: $374,611 Regional NSW: $386,543 Regional NSW: $415,366 Regional NSW: $452,587 Regional NSW: $491,578 Queanbeyan-Palerang Regional Council area: $535,829 Queanbeyan-Palerang Regional Council area: $546,220 Queanbeyan-Palerang Regional Council area: $562,276 Queanbeyan-Palerang Regional Council area: $591,180 Queanbeyan-Palerang Regional Council area: $641,459
Source: Hometrack 2014-2018, Housing Valuation System
Value of units
Value of units New South Wales: $496,521 New South Wales: $559,521 New South Wales: $613,880 New South Wales: $671,373 New South Wales: $676,368 Regional NSW: $293,646 Regional NSW: $308,161 Regional NSW: $332,854 Regional NSW: $360,645 Regional NSW: $393,185 Queanbeyan-Palerang Regional Council area: $309,669 Queanbeyan-Palerang Regional Council area: $290,891 Queanbeyan-Palerang Regional Council area: $297,803 Queanbeyan-Palerang Regional Council area: $304,723 Queanbeyan-Palerang Regional Council area: $323,750
Source: Hometrack 2014-2018, 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
2018$641,459$491,578$740,444$323,750$393,185$676,368
2017$591,180$452,587$712,545$304,723$360,645$671,373
2016$562,276$415,366$639,193$297,803$332,854$613,880
2015$546,220$386,543$569,226$290,891$308,161$559,521
2014$535,829$374,611$508,933$309,669$293,646$496,521

Source: Hometrack 2014-2018, Housing Valuation System.

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