QLD / Isaac (R) / 4820 / Queenton

Queenton Property Data December 2021

Updated 15 December 2021

Queenton Property Sales Overview

The median property value in Queenton for December is $224,338.

Houses have increased by 0.02% for the month and decreased 0% for the year.

Rental demand is up with yields increasing in February to 7.52%, from 7.35% in January.

The number of properties sold this quarter is down on last quarter from 15 to 4. This is down on the 5 year quarterly average of 24 indicating weaker demand.

What's the median House price in Queenton in December 2021?

The median property value for houses in Queenton is $224,338.

This is an increase of 0.02% ($224,283) from last month.

Median price looking back 12 months

How much does it cost to rent a House in Queenton?

Rent prices in Queenton are the highest they've been in 12 months at $331.

This is up 11.07% from a 12 month low of $298 in April 2021 and a 1.53% up from last month.

Rental cost looking back 12 months

What's the current rental yield in Queenton?

Rental yields for houses in Queenton have increased in December for the 3rd consecutive month.

This is up from a 12 month low of 6.99% in February 2021 and the same from a 12 month high of 7.52% in December 2021.

Rental yield looking back 12 months

How many properties sold in Queenton in February?

Total sales volume in Queenton is 4, which is down from 15 in the previous quarter.

This is 0% stronger than the weakest quarter in the last 5 years which was Q2 2017 with 0 sales and -66.67% weaker than the strongest quarter in the past 5 years which saw 12 sales in Q2 2021.

Quarterly volume of sales looking back 5 years

How long did it take to sell a property in Queenton in February?

60 days is the average time on market in Queenton in December, which is the same from 60 in November and has been trending down since April 2021.

This can indicate a buyers market where sellers are finding it harder to make a sale.

Number of days on market looking back 12 months

Are properties selling below or above the listing price in Queenton?

December sees the vendor expectation error for Queenton at -2.2% which means, on average, places sold for -2.2% less than the listing price.

This is a great sign for buyers looking to negotiate.

It’s worth noting that in a hot market you might want to set your price expectations even higher than the -2.2% as things can move pretty quickly.

Vendor expectation error looking back 12 months
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