At number 2487th in the list of Australian suburbs ordered by increase in median house value over the last year, Rangeville, 4350 is in the BOTTOM 50% with a property value increase of 3.57% recorded in median house prices.
The five-year average increase in median property values for Rangeville,4350 has given property investors a potential capital gain of 31.82% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Rangeville is offering property investors an average of -7.10. This rate of discount on properties puts Suburb at number 498th in terms of most discounted suburbs in QLD
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 3.70%, investors should hope to achieve an overall return of 4.30%
Over the last year, property investments in Rangeville, 4350 have given investors a capital gain of -2.52%. This compares badly with the 0.66% for QLD as a whole.
A 12.64% growth in median value for property investors in Rangeville,4350 puts this suburb at number 57th in terms of best performing suburbs in QLD
Sellers are offering property buyers an average discount of -3.59% to buyers in Rangeville at the moment, which is less than average for the rest of QLD.
Using the current median advertised rental of $290 and the average annual increase in value of a median property of 3.59%, investors should hope to achieve an overall return of 4.34%