SOLD
RECENT ADVICE
Sold on 13 Nov 2024 for $1,055,000

2 Ross Road
Queanbeyan NSW 2620

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 884m2
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Property Details for 2 Ross Rd, Queanbeyan

2 Ross Rd, Queanbeyan is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 884m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Queanbeyan in the last 12 months.

Building Type
House
Land Size
884m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
5/DP21396

Last Listing description (November 2024)

2 Ross Rd, Queanbeyan NSW is proudly presented by Rafael Posadas of gofysh | estate agents.

DA Approved Boarding House !!!

The Boarding House (25 rooms) has 21 double and 4 single rooms with at-grade parking for 15 cars.

• DA.2021.1453 (Queanbeyan-Palerang Regional Council) approved on 8th March 2023
• R4 land zoning
• 14m building height
• NO basement, all parking at-grade
• One and only New Generation Boarding House in Queanbeyan, just next to Canberra ACT

Currently a 3 bed, 2 bath home, 1 car garage with workshop and further parking for 3 cars.

Currently rented @ $650 per week ($33,800 pa)

• 4 min (350m) walk to bus stop
• 4 min (350m) walk to Queanbeyan Train Station
• 11 min (900m) walk to Queanbeyan Hospital
• 12 min (1km) walk to Queanbeyan Shops
• 5 min (3km) drive to TAFE NSW
• 8 min (7.1km) drive to Canberra Institute of Technology
• 9 min (8.3km) drive to Canberra Airport

$320 per week (potential for single room)
$350 per week (potential for double room)

Boarding House Potential Rental Return = $448,760 pa

Current Rental at Units next door (4 Ross Rd)

$450 per week - 1 bed unit
$550 per week - 2 bed unit

This is a rare offering that is highly sought!

Please call me directly on 0433 777 941 for further information or to arrange a private inspection.

Disclaimer - The information on this summary sheet should not be relied on as a substitute for legal and real estate advice. You should make your own inquiries as to the accuracy of any information or material contained in this document.

Property History for 2 Ross Rd, Queanbeyan, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$1,055,000
13 Nov 2024
Listed for Rent
07 Aug 2018
  • 13 Nov 2024
    Sold for $1,055,000
  • 05 Sep 2024
    Listed for Sale Contact Agent
  • 14 Jun 2023
    Listed for Sale Price Revision !!!
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About Queanbeyan 2620

The size of Queanbeyan is approximately 2.8 square kilometres. It has 14 parks covering nearly 15.1% of total area. The population of Queanbeyan in 2011 was 5,783 people. By 2016 the population was 6,254 showing a population growth of 8.1% in the area during that time. The predominant age group in Queanbeyan is 20-29 years. Households in Queanbeyan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queanbeyan work in a professional occupation. In 2011, 55.1% of the homes in Queanbeyan were owner-occupied compared with 48.6% in 2016.

Queanbeyan has 4,106 properties. Over the last 5 years, Houses in Queanbeyan have seen a 57.78% increase in median value, while Units have seen a 45.57% increase. As at 31 October 2024:

  • The median value for Houses in Queanbeyan is $785,077 while the median value for Units is $420,861.
  • Houses have a median rent of $558 while Units have a median rent of $450.
There are currently 25 properties listed for sale, and 23 properties listed for rent in Queanbeyan on OnTheHouse. According to CoreLogic's data, 163 properties were sold in the past 12 months in Queanbeyan.

Suburb Insights for Queanbeyan 2620

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Contact agent
Rafael Posadas
Show contact details
gofysh | estate agents
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.