13 Hillbar Rise Queanbeyan NSW 2620
13 Hillbar Rise Queanbeyan NSW 2620
5 bed house on 696m² lot |Currently listed $870-910k |Est value $908k-$1.04m |School catchment 0.4km|This five-bedroom house on a 696sqm block suits extended families or multi-generational households needing space near local schools. The property delivers substantial living area at 261m² with a rumpus room and above-ground pool, supporting flexible use for home offices or teen retreats on its residential-zoned lot. Single car parking aligns with street norms in this established pocket, where larger homes prioritise family functionality over garaging. Its 38% building coverage leaves room for garden or shed expansions, appealing to buyers who value outdoor living without tight constraints. Positioned in a school catchment just 0.4km from Queanbeyan South Public, it draws families prioritising convenience over urban buzz. Five-bedroom houses like this in the local market hold steady demand from relocators, often achieving quick sales when priced near estimates. Last sold in 2007, it reflects long-term owner-occupier appeal, with no overlays risking value erosion. Reliable NBN and 5G coverage future-proofs it for remote work trends. Elevated at 610m, the site offers subtle views potential, bolstering holding value amid regional growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Hillbar Rise Queanbeyan NSW 2620
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Queanbeyan functions as a structural overflow market for Canberra, with demand anchored by public sector employment and stable incomes. Buyers are a mix of commuters, first-home buyers and investors targeting relative affordability compared to the ACT. Rental demand is consistently strong due to workforce mobility, supporting investor participation. Supply is moderate but typically absorbed due to ongoing population inflow. Price growth is steady and income-supported, with less volatility than purely discretionary regional markets.
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PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
1
Land
696m²
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