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AREA REPORTS

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Raceview - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4305

house
unit
RACEVIEW ranks 807th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 12.5% for the past year is higher than average compared to its 15.29% growth within a five-year period.

Also in RACEVIEW, the median home price is sitting at $360,000, and the average rent at $350, this suggests property owners could potentially earn a 5.06% increase in gross rental yield.

Property investors have seen a 4.35% 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 12.5%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.74% growth over a ten-year period. It ranks 3883rd on our list of suburbs that property investors should look into.

Data report can be found below

Raceview
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $360,000 $232,500
GROWTH REPORT
Median Quarterly 4.35% -0.53%
Median 12 month 12.5% -3.53%
Median 3 years 11.46% 14.25%
Median 5 years 15.29% -9.88%
10 years average annual 1.74% 0.59%
Weekly media advert. rent $350 $305
Time on Market 41.0 days 127.3 days
Gross Rental Yield Percent 5.06% 6.82%
demographics (median values)*
Total Population
6894
Weekly Household Income
882.3
Household Size
2.60
Age
33
Monthly Loan Repayment
1000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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