Queanbeyan vs Karabar
Karabar (median $817,000) is roughly 9% cheaper to buy into than Queanbeyan ($900,000). Over the past year, Karabar (+8.9%) ran 7.2 percentage points ahead of Queanbeyan (+1.7%) on house-price growth.
Buying in Queanbeyan or Karabar?
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Queanbeyan and Karabar side by side
| Measure | Queanbeyan | Karabar |
|---|---|---|
| Price and market | ||
| Median house | $900,000 | $817,000 |
| Median unit | $394,000 | $562,500 |
| House price change, 12 months | +1.7% | +8.9% |
| Renting | ||
| House rent | $695/wk | $695/wk |
| Unit rent | $433/wk | $433/wk |
| Owner occupied | 53.0% | 69.0% |
| Renter occupied | 44.0% | 29.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1048 | 1048 |
| Lifestyle and people | ||
| Walk score | 92 | 2 |
| Transit score | 0 | 10 |
| Bike score | 85 | 100 |
| Population | 6,409 | 8,517 |
| Median age | 38 | 38 |
| Climate | ||
| Annual rainfall | 605 mm | 605 mm |
| Mean max, January | 28.8°C | 28.8°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Queanbeyan scores higher on walkability (92/100 vs 2/100 ), useful if you're optimising for a car-light household. Karabar skews owner-occupied (69%), Queanbeyan runs more rental-dense (53% owner).
- For buyers
- Karabar is the lower entry point at $817,000 median, 9% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Karabar carries both higher gross yield (4.42% vs 4.02%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
- For families
- Karabar has a heavier family-household mix (73% vs 53%), which typically signals stronger demand for family-amenable infrastructure (parks, schools, supermarkets).
Queanbeyan vs Karabar: common questions
Is Queanbeyan or Karabar cheaper to buy in?
Karabar has the lower median house price at $817,000, roughly 9% 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 Karabar?
Over the past 12 months, Karabar grew +8.9% vs +1.7% in Queanbeyan, a gap of 7.2 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.
Which is more walkable, Queanbeyan or Karabar?
Queanbeyan scores 92/100 on walkability vs 2/100. 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 Karabar?
Gross rental yield on houses is 4.42% in Karabar 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.
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