Queanbeyan vs Crestwood.
Comparing two suburbs with median house prices of $900,000 and $847,500.
Crestwood (median $847,500) is roughly 6% cheaper to buy into than Queanbeyan ($900,000). Over the past year, Queanbeyan (+1.7%) ran 0.8 percentage points ahead of Crestwood (+0.9%) on house-price growth.
Queanbeyan scores higher on walkability (92/100 vs 8/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Crestwood (1054) sits above Queanbeyan (1048).
For buyers
Crestwood is the lower entry point at $847,500 median, 6% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Crestwood delivers the better gross yield (4.26% vs 4.02%), but Queanbeyan has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
Crestwood edges out on average school ICSEA (1054 vs 1048).
Common questions
Is Queanbeyan or Crestwood cheaper to buy in?
Crestwood has the lower median house price at $847,500, roughly 6% below Queanbeyan ($900,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Queanbeyan or Crestwood?
Over the past 12 months, Queanbeyan grew +1.7% vs +0.9% in Crestwood, a gap of 0.8 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Queanbeyan or Crestwood have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Crestwood scores 1054 vs 1048 in Queanbeyan. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Queanbeyan or Crestwood?
Queanbeyan scores 92/100 on walkability vs 8/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Queanbeyan or Crestwood?
Gross rental yield on houses is 4.26% in Crestwood vs 4.02% in Queanbeyan. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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