Located in New South Wales within the Queanbeyan-Palerang Regional local government area, The Ridgeway is a small, quiet locality (postcode 2620). The area has roughly 162 residents and an older-leaning population, with a median age of 52. Households earn a median income of $145K per year, with an average household size of 2.6 people. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, technicians & trades. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Irish.
The Ridgeway has a median house price of $1.6 million, which has climbed sharply by 11.9% year-on-year. The current median weekly rent is $610. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,245.
Public transport access includes 2 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,419 incidents per 100,000 population.
On the investment side, The Ridgeway shows a gross rental yield of approximately 1.9%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 11.4x is considered stretched. House prices have moved +11.9% year-on-year.