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AREA REPORTS

Rangeville

Suburb Profile

Rangeville - FREE SUBURB PROFILE REPORT
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 $470,500.

The upward trend in home prices in RANGEVILLE, 4350 averaged 2.39% per annum over a 3-year period.

Average weekly rents on listings have reached the $385 mark, reflecting a 4.26% increase in returns based on the current median price in RANGEVILLE.

An average of 13 real estate transactions take place per month in RANGEVILLE which translates to 156 per annum.

156 properties were sold in RANGEVILLE in 2016, making it the 701st most active market in QLD based on total real estate transactions.

RANGEVILLE, 4350 places 269th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $470,500 $336,000
GROWTH REPORT
Median Quarterly 3.69% 2.6%
Median 12 month 4.56% 7.26%
Median 3 years 7.18% -6.67%
Median 5 years 4.85% -2.61%
10 years average annual 2.38% 1.38%
Weekly media advert. rent $385 $300
Time on Market 58.1 days 102.8 days
Gross Rental Yield Percent 4.26% 4.64%
demographics (median values)
Total Population
8420
Weekly Household Income
1083
Household Size
2.50
demographics
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