At number 2652th in the list of Australian suburbs ordered by increase in median house value over the last year, Raceview, 4305 is in the BOTTOM 40% with a property value increase of 2.58% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Raceview has increased when compared to the 5 year average annual rate.
Property buyers and investors in Raceview 4305 should be seeing an average reduction in asking price of around -5.26% . This means that Raceview is holding prices well when compared to other suburbs in QLD.
In the last year 207 properties changed hands in Raceview, which puts it as the 57th most active market in QLD when comparing the number of sales per suburb.
Raceview, 4305’s gross rental yield is 5.40%
At number 200th in the list of Australian suburbs ordered by increase in median house value over the last year, Raceview, 4305 is in the top 20% with a property value increase of 17.96% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Raceview comes in at number 65th in QLD.
The QLD suburb of Raceview, 4305 is in the Ipswich local government area.