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Queanbeyan West vs Tregear

Property investment comparison - Queanbeyan West, NSW 2620 vs Tregear, NSW 2770

Head-to-head across core investment metrics: Queanbeyan West wins 0, Tregear wins 5. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricQueanbeyan WestTregear
Median house price$890K$890K
Median unit price$690K$490K
Gross rental yield (houses)4.03%-
Gross rental yield (units)3.90%4.40%
1-year house growth+2.5%+11.4%
3-year house growth+6.8%+38.3%
Vacancy rate1.3%1.0%
Population3,1463,700

Queanbeyan West vs Tregear: what the numbers say

Houses cost about the same in both suburbs: the median house price is $890K in Queanbeyan West and $890K in Tregear.

For units, Queanbeyan West sits at a median of $690K against $490K in Tregear, which makes Tregear the more affordable unit market and Queanbeyan West the pricier one.

Over the past year house prices moved +2.5% in Queanbeyan West and +11.4% in Tregear, so recent momentum favours Tregear, although both suburbs recorded growth.

Looking back three years, Queanbeyan West houses are +6.8% and Tregear houses +38.3%, so Tregear has compounded faster than Queanbeyan West over the longer window.

Rental vacancy is 1.0% in Tregear and 1.3% in Queanbeyan West, so landlords in Tregear face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Tregear is the bigger suburb, with a population of 3,700 against 3,146, larger than Queanbeyan West; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Tregear for recent price momentum, Tregear for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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Queanbeyan West vs Tregear: Suburb Comparison 2026