5/16 Yarrow Street, Queanbeyan East NSW 2620
5/16 Yarrow Street, Queanbeyan East NSW 2620
Quiet-street unit | 2-bed 1-bath 1-car | Original throughout | Small 6-unit complex | Golf-course edge
This is a genuinely rare offering for Queanbeyan East: a two-bedroom unit in a six-unit complex, which means fewer neighbours, lower traffic through the building, and a more private feel than the larger blocks that dominate the area. The original condition is the defining feature here—it is not a polished product, but it is a blank canvas. For a first-home buyer wanting to add value through cosmetic updates, or an investor seeking a below-market entry point into a stable rental pocket, this unit offers a clear pathway. The 66 m² internal area is efficient rather than generous, and the balcony adds a usable outdoor space that many comparable units lack. The quiet street position near the golf course reinforces the low-key, established character of the neighbourhood. This property best suits buyers who see past dated finishes and focus on configuration, location, and the opportunity to build equity through renovation.
The original kitchen and bathroom are the most material factors when forming a price view. They may require immediate capital outlay, which could narrow the buyer pool compared to renovated units nearby. The single car space is adequate but not generous, and the strata levy of $1,092 per quarter is a recurring cost that should be weighed against the property’s modest size. The lack of a confirmed aspect or floor level means natural light and privacy cannot be fully assessed without an inspection, and these may influence how the unit feels in person. The 84 m² land component is typical for a strata unit and offers no development upside, so value will hinge on condition, presentation, and how the updates are executed. The small complex size is a genuine advantage, but it also means limited comparable sales data, so pricing may be less predictable than in larger blocks.
|| Comparable Sales: 4/14 Yarrow Street sold $395,000 in 2023; 6/18 Yarrow Street sold $397,500 in 2025 | Property Price Band: $380,000–$480,000 | Value Drivers: Original condition requiring updates, small complex privacy, quiet street proximity to golf course
Detailed Independent Property Report prepared by PropCred Analyst team for 5/16 Yarrow Street, Queanbeyan East NSW 2620
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Queanbeyan East is positioned as an affordable spillover suburb for Canberra, attracting families, first-home buyers, and yield-focused investors. Demand is driven by its proximity to the capital’s employment hubs, supporting steady rental interest. Recent price trends for houses show modest growth, though the market is characterised by moderate sales volumes and extended selling periods. Future growth is linked to its relative affordability and Canberra’s expansion, yet key constraints include limited stock availability and sensitivity to interest rates affecting investor reliance.
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PropCred Estimated Value
Comparable Sales: 4/14 Yarrow Street sold $395,000 in 2023; 6/18 Yarrow Street sold $397,500 in 2025 | Property Price Band: $380,000–$480,000 | Value Drivers: Original condition requiring updates, small complex privacy, quiet street proximity to golf course
Bedrooms
2
Bathroom
1
Parking
1
Land
84m²
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