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The Range
AREA REPORTS

The Range

The Range - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4700

house

Property investors enjoyed capital gains of 7.69% over the last 12 months in THE RANGE, translating to lower returns compared with its peers in QLD.

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

The suburb posted a 20% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

On average, rents on listings have reached the $400 mark, reflecting a 4.95% increase in returns based on the current median price in THE RANGE.

THE RANGE, 4700 ranks 853rd in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 237th on the list of best yielding suburbs for rental properties in QLD, posting a 4.95% return.

Data report can be found below

The Range
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $420,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 7.69% N/A
Median 3 years 20% N/A
Median 5 years 24.26% N/A
10 years average annual 2.26% N/A
Weekly media advert. rent $400 N/A
Time on Market 61.8 days N/A
Gross Rental Yield Percent 4.95% N/A
demographics (median values)*
Total Population
5728
Weekly Household Income
1063
Household Size
2.40
Age
39
Monthly Loan Repayment
1100
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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