Jerrabomberra is one of the most popular suburbs of Queanbeyan. It consists of three sections, The park, The heights and Lakeview.
In 1987, Jerrabomberra Estate Ltd, with Alex Brinkmeyer, Col Alexander and Perth Millionaire Kerry Stokes as major shareholders, began developing Palmer’s original land for housing. The first serviced blocks in stage one of the residential release at Jerrabomberra were released in February 1988, ranging in price from $28,000 to $39,000.
The new suburb of Jerrabomberra has grown from a resident population of 8 in 1828 to over 8740 at the 2006 census. Jerrabomberra was established with the construction of the first homes in 1988, followed shortly after by the construction of the community centre hall.
Jerrabomberra now boasts many community amenities such as four tennis courts, a post office, primary school, bed and breakfast, gym, a Scout group, a lake and various other facilities. Many people in Jerrabomberra work in nearby Queanbeyan but most work in the national capital, Canberra.
Jerrabomberra has a shopping centre which contains a Woolworths, Bakers Delight, hairdresser, an Asian restaurant called "The Jerra," and other boutique stores. On the same block of land as this shopping centre, there is a pub and a Woolworths service station that opened in late 2005. On 25 February 2006 Jerrabomberra's General Store was burnt down, no other shops were affected despite the extensive damage. On 6 June, extensive rebuilding of the roof of said store was carried out and the store had its iron sheet roof reinstalled on 20 June of that year.
The suburb falls within the Federal division of Eden-Monaro, a seat held by the Australian Labor Party; The Member is Dr Mike Kelly, Parliamentary Secretary to Defence. It is also part of the State Seat of Monaro which is held by the National Party's John Barilaro. Jerrabomberra is also represented by an active residents association (JRA) established in October 1990. The Jerrabomberra Residents Association Inc. (JRA) endeavours to represent the interests of the Jerrabomberra community at the local, state and federal level in relation to issues directly affecting the Jerrabomberra community.