3 The Crescent, Queanbeyan NSW 2620

3 The Crescent, Queanbeyan NSW 2620
3 The Crescent Queanbeyan | 1930 character home | 670mยฒ block | three parking spaces | skylights and stone kitchen This propertyโ€™s buying case rests on its combination of period character and practical updates in a tightly held pocket. The original hardwood floors and skylights give it a light-filled, timeless feel that competes well against newer builds, while the updated kitchen with stone bench-tops and gas appliances removes a major renovation cost for the buyer. The 670mยฒ block with three dedicated parking spaces is increasingly rare close to Queanbeyanโ€™s centre, making the house particularly suited to families or professionals who need space for vehicles or a garden without sacrificing walkability. For a buyer seeking a home that blends charm with immediate liveability, this property offers a strong positional edge. The main risk is the lack of a price guide and limited recent comparable sales, which means the buyer must rely on the 2021 sale of $960,000 and the estimated value range of $880,000 to $1.16 million as loose anchors. Without floor plans or full interior photos, there is uncertainty around layout efficiency and natural light in the secondary rooms. The 1930 build may also present hidden maintenance in plumbing or electrical systems that a pre-purchase inspection should address. On the opportunity side, the propertyโ€™s positioning in a tightly held area suggests limited future supply, which supports long-term value retention. The buyer should treat this as a hold-and-enjoy proposition rather than a quick flip, using the solid block and parking as future-proofing for lifestyle or eventual subdivision potential

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Queanbeyan presents a stable, well-connected market offering diverse housing options, attracting a broad buyer base from families to investors. Recent conditions show a softening trend across both houses and units, indicating sensitivity to broader economic factors. Its established infrastructure and proximity to Canberra provide a solid foundation, though current affordability pressures and recent price adjustments represent key considerations for prospective buyers.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

670mยฒ

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