2 Ross Road, Queanbeyan, NSW 2620 | Property Value & History | OnTheHouse
 
OFF MARKET

2 Ross Road
Queanbeyan NSW 2620

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 138m2
Land area: 884m2
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Property Details for 2 Ross Rd, Queanbeyan

2 Ross Rd, Queanbeyan is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 884m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Year Built
1940
Floor Size
138m2
Land Size
884m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
5/DP21396

Last Listing description (August 2025)

2 Ross Rd, Queanbeyan NSW is proudly presented by Rafael Posadas of gofysh | estate agents.

The Boarding House (24 rooms + Manager's room) has 21 double and 4 single rooms with at-grade parking for 15 cars.

DA.2021.1453 (Queanbeyan-Palerang Regional Council) approved on 8th March 2023

R4 land zoning
14m building height
NO basement, all parking at-grade
One and only New Generation Boarding House in Queanbeyan, just next to Canberra ACT

Currently a 3 bed, 2 bath home, 1 car garage with workshop and further parking for 3 cars.

Currently rented @ $650 per week ($33,800 pa)

4 min (350m) walk to bus stop
4 min (350m) walk to Queanbeyan Train Station
11 min (900m) walk to Queanbeyan Hospital
12 min (1km) walk to Queanbeyan Shops
5 min (3km) drive to TAFE NSW
8 min (7.1km) drive to Canberra Institute of Technology
9 min (8.3km) drive to Canberra Airport

$320 per week (potential for single room)
$350 per week (potential for double room)

Boarding House (25 rooms) Potential Rental Return = $429,000 pa

GRV (6%) = $7,150,000

Current Rental at Unit next door (4 Ross Rd)

$450 per week - 1 bed unit
$550 per week - 2 bed unit

UPDATE - current plans to increase rooms from 25 to 38 (call me on 0433 777 941 to discuss)

Potential Rental increase to $652,080 ($223,080 uplift)

GRV (6%) increase to $10,868,000 ($3,718,000 uplift)

This is a rare offering that is highly sought!

Please call me directly on 0433 777 941 for further information or to arrange a private inspection.

Disclaimer - The information on this summary sheet should not be relied on as a substitute for legal and real estate advice. You should make your own inquiries as to the accuracy of any information or material contained in this document.

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Property History for 2 Ross Rd, Queanbeyan, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$1,055,000
11 Nov 2024
Listed for Rent
07 Aug 2018
  • 04 Jul 2025
    Listed for Sale Contact Agent
  • 11 Nov 2024
    Sold for $1,055,000
  • 05 Sep 2024
    Listed for Sale Contact Agent
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About Queanbeyan 2620

The size of Queanbeyan is approximately 2.8 square kilometres. It has 14 parks covering nearly 15.1% of total area. The population of Queanbeyan in 2016 was 6237 people. By 2021 the population was 6409 showing a population growth of 2.8% in the area during that time. The predominant age group in Queanbeyan is 30-39 years. Households in Queanbeyan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queanbeyan work in a professional occupation.In 2021, 52.80% of the homes in Queanbeyan were owner-occupied compared with 48.60% in 2016.

Queanbeyan has 4,133 properties. Over the last 5 years, Houses in Queanbeyan have seen a 43.47% increase in median value, while Units have seen a 43.65% increase. As at 31 October 2025:

  • The median value for Houses in Queanbeyan is $797,130 while the median value for Units is $411,725.
  • Houses have a median rent of $530 while Units have a median rent of $460.
There are currently 17 properties listed for sale, and 21 properties listed for rent in Queanbeyan on OnTheHouse. According to Cotality's data, 169 properties were sold in the past 12 months in Queanbeyan.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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