39/4 Ross Road, Queanbeyan NSW 2620

2 bed | 2 bath | 2 car | 125 m² | off-market Crestwood | no overlays | 2019 sale at $360k This unit presents a rare buying case in Queanbeyan’s Crestwood area: a genuinely spacious 125 m² two-bedroom floorplan with two dedicated car spaces, in a complex with balanced owner-occupier tenure. The configuration alone—generous internal area, dual bathrooms, and private courtyard—positions it well above typical two-bedroom stock, making it suitable for downsizers or professionals seeking long-term liveability rather than entry-level compromise. The off-market status further reduces competition and allows a buyer to negotiate without auction pressure, provided the vendor is motivated. The primary risk is valuation uncertainty. Automated estimates ranging from $1.15M to $1.18M are clearly erroneous for this unit type and size, while a live listing suggests a $525k–$555k range that may reflect a different property. A buyer must verify comparable sales within the same SP88028 plan and the broader 4 Ross Road complex to establish a defensible offer. The 2019 sale at $360k is the only confirmed transaction, so any current price must be anchored to recent unit sales in Crestwood, not detached houses. Opportunity lies in the absence of bushfire, flood, or heritage overlays, and the property’s proximity to schools and transport—factors that support steady rental demand around $595 per week, offering a viable hold strategy if purchased near verified market levels.