Rangeville

POSTAL CODE: QLD, 4350

HOUSE

UNIT

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $935,000.

The upward trend in home prices in RANGEVILLE, 4350 averaged 16.3% per annum over a 3-year period.

Average weekly rents on listings have reached the $620 mark, reflecting a 3.45% increase in returns based on the current median price in RANGEVILLE.

An average of 12.25 real estate transactions take place per month in RANGEVILLE which translates to 147 per annum.

147 properties were sold in RANGEVILLE in 2016, making it the 775th most active market in QLD based on total real estate transactions.

RANGEVILLE, 4350 places 474th in Australia based on median property value growth during the quarter.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $649,250.

Average median unit prices in QLD have risen as a whole, pulling RANGEVILLE, 4350 values up and netting property investors a capital gain of 3.88% for the past year.

Investors saw the median home price rise to $649,250.

The upward trend in home prices in RANGEVILLE, 4350 averaged 8.69% per annum over a 3-year period.

RANGEVILLE now ranks at the 225th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in RANGEVILLE are low, as opposed to average gains per annum over the past five years.

Real estate investors could earn a rental income of $520 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In RANGEVILLE, homes and units usually stay on listing for an average of 19 days.

28 properties were sold in RANGEVILLE in 2016, making it the 197th most active market in QLD based on total real estate transactions.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$935,000	$649,250
Growth Report
Median Quarterly	3.31%	3.06%
Median 12 month	19.11%	3.88%
Median 3 years	48.89%	26.07%
Median 5 years	78.95%	88.19%
10 years average annual	8.52%	7.87%
Weekly media advert. rent	$620	$520
Time on Market	23.7 days	19 days
Gross Rental Yield Percent	3.45%	4.16%

Demographics (Median Values)*

Total Population 8420

Weekly Household Income 1083

Household Size 2.50

Average Age 40

Monthly Loan Repayment 1296

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type

.module-ajax-wrapper-js-only-732 { display: none !important; }