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Rangeville
AREA REPORTS

Rangeville

Rangeville - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4350

house
unit

RANGEVILLE, 4350 ranks 2516th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 19.44% for property investors.

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 $550,000.

The upward trend in home prices in RANGEVILLE, 4350 averaged 7.87% per annum over a 3-year period.

Average weekly rents on listings have reached the $430 mark, reflecting a 4.07% increase in returns based on the current median price in RANGEVILLE.

An average of 16.33 real estate transactions take place per month in RANGEVILLE which translates to 196 per annum.

196 properties were sold in RANGEVILLE in 2016, making it the 666th most active market in QLD based on total real estate transactions.

RANGEVILLE, 4350 places 660th in Australia based on median property value growth during the quarter.

Data report can be found below

Rangeville
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $550,000 $406,000
GROWTH REPORT
Median Quarterly 3.68% 11.23%
Median 12 month 19.44% 23.03%
Median 3 years 23.6% 15.34%
Median 5 years 29.11% 14.77%
10 years average annual 4.98% 3.13%
Weekly media advert. rent $430 $340
Time on Market 27.2 days 29.5 days
Gross Rental Yield Percent 4.07% 4.35%
demographics (median values)*
Total Population
8420
Weekly Household Income
1083
Household Size
2.50
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.
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