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Raceview

POSTAL CODE: QLD, 4305
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RACEVIEW ranks 223rd in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 15% for the past year is lower than average compared to its 123.13% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in RACEVIEW, the median home price is sitting at $747,500, and the average rent at $585, this suggests property owners could potentially earn a 4.07% increase in gross rental yield.

Property investors have seen a 5.28% gain in RACEVIEW based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on RACEVIEW, 4305 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 15%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.57% growth over a ten-year period. It ranks 196th on our list of suburbs that property investors should look into.

Surburb overview

Raceview is a residential suburb located approximately 5 kilometres southeast of the Ipswich Central Business District and about 41 kilometres southwest of Brisbane CBD. It is part of the City of Ipswich local government area.

According to the 2021 Census, Raceview had a population of 9,699 residents. The median age was 36 years, slightly below the Queensland median of 38. Households in Raceview are primarily composed of couples with children, with an average household size of 2.7 people. The median weekly household income was $1,563.

Raceview's housing stock predominantly consists of separate houses, with a significant portion of the area zoned for Residential Low Density (57.31%). As of mid-2025, the median house price in Raceview is approximately $690,000, representing a 16.9% annual growth rate. Rental yields are around 4.2% for houses, with a median weekly rent of $550.

Educational facilities in Raceview include Raceview State School, a government primary institution catering to students from Prep to Year 6, located at 96 Wildey Street. The school had an enrolment of 996 students in 2018. Bethany Lutheran Primary School, a private primary school, is also situated in the suburb at 126 Cascade Street.

Raceview offers several parks and recreational facilities, with 23 parks covering nearly 11.7% of the suburb's total area. These green spaces provide opportunities for outdoor activities and community gatherings.

Nearby shopping centres, including Booval Fair Shopping Centre and Riverlink Shopping Centre, cater to retail needs by offering a variety of stores and services.

Raceview is well-connected by public transportation. Bus services operated by Translink facilitate travel to Ipswich and surrounding areas. The nearest train stations are located in adjacent suburbs, providing access to the Queensland Rail City network.

Raceview's combination of affordable housing, educational facilities, recreational amenities, and proximity to essential services makes it an appealing residential suburb within the Ipswich area.

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