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Queenstown, SA 5014

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$975,000

market range $425K-$1.1M

Median Unit

$640,000

market range $575K-$800K

Gross Yield

-

1yr Growth (houses)

-1.5%

market range -2.5% to +15.0%

Investment snapshot for Queenstown

Queenstown has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Queenstown market and investor summary

In Queenstown, SA 5014, the median house sells for around $975K. House prices have moved -1.5% over the past year and +40.0% over three years. At 0.4% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.4% and a resident base that is not shrinking.

Living in Queenstown: people, income and schools

Queenstown is home to around 1,943 people, and the area has been growing steadily, up about 8% over five years. At a median age of 43, it reads as skewed a little older, and families account for 54% of households.

The typical household income runs to around $58,000 a year (about $1,120 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to a steep 16.8 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 23% over five years, which tends to underpin what local buyers can pay.

Families have 31 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Queenstown sits about 11 km from the CBD. It is fairly car-dependent; the suburb scores 29 for walkability and 6 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
1,943
+8% over 5yr
Median age
43 years
Median household income
$58,000/yr
Households renting
36%
Family households
54%
Socio-economic rank
3/10
ABS advantage index
Schools within 5km
31
avg ICSEA 1007
Unemployment
5.1%
Distance to CBD
11 km
Walk score
29/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Queenstown

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Frequently asked questions about Queenstown

What should I check before investing in Queenstown?

Queenstown has enough public data for first-pass screening across yield, vacancy, price and supply signals. 3-year capital growth of +40.0% shows sustained momentum, not just a single-year spike. Tight rental market (0.4% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Queenstown?

The median property price in Queenstown, SA 5014 is $975K for houses and $640K for units.

What does recent house price growth show for Queenstown?

House prices in Queenstown are down 1.5% over the past year and up 40.0% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Queenstown?

The current vacancy rate in Queenstown is 0.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Queenstown?

Queenstown has a population of approximately 1,943 residents, with a median age of 43.

What schools are near Queenstown?

There are 31 schools within roughly 5km of Queenstown. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Queenstown affordable to buy in?

A median house in Queenstown costs about 16.8 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Queenstown's population growing?

The population of Queenstown has grown about 8% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Queenstown from the CBD?

Queenstown is about 11 km from the CBD.

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