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AREA REPORTS

Raceview

Raceview - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4305

house
unit
RACEVIEW ranks 285th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 5.28% for the past year is higher than average compared to its 6.13% 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 $329,000, and the average rent at $340, this suggests property owners could potentially earn a 5.37% increase in gross rental yield.

Property investors have seen a 1.39% gain in RACEVIEW based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 0.38% growth over a ten-year period. It ranks 3745th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $329,000 $238,500
GROWTH REPORT
Median Quarterly 1.39% 0%
Median 12 month 5.28% N/A
Median 3 years 3.79% -2.15%
Median 5 years 6.13% -0.63%
10 years average annual 0.38% -3.26%
Weekly media advert. rent $340 $285
Time on Market 58.6 days 147.3 days
Gross Rental Yield Percent 5.37% 6.21%
demographics (median values)
Total Population
6894
Weekly Household Income
882.3
Household Size
2.60
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