REDBANK PLAINS 
2 MIN READThe Property Policies Both Major Parties Are Peddling
Today’s (21 May) the last day for Australians to vote in the federal election. Here, we’ll be recapping the major pr...
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RangevilleRangeville - SUBURB PROFILE REPORT
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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.
| 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% |
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