QLD has seen average median house prices change by 2.40% which means that Raceview, 4305 has done well for property investors by showing a capital gain of 1.09% over the last year
Over the longer term, Raceview has seen property prices show investors a 8.58% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -4.81% to buyers in Raceview at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 14.25 sales per month, which equates to 171 per year.
If you compare the increase in value of investment property in Raceview, 4305 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 10.97%.
A 3.41% growth in median value for property investors in Raceview,4305 puts this suburb at number 17th in terms of best performing suburbs in QLD
Property buyers and investors in Raceview 4305 should be seeing an average reduction in asking price of around -4.60% . This means that Raceview is holding prices well when compared to other suburbs in QLD.
At number 788 in a list of fastest selling suburbs, Raceview is just in the bottom half of suburbs in Australia with an average of days on market 76 for properties listed there.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.64%, without taking into account capital value appreciation, which has been averaging out at 5.00%.