If you compare the increase in value of investment property in Rangeville, 4350 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 2.98%.
While Rangeville,4350 ranked number 283th in QLD for increase in median house value (annualised) increase, it is ranked 154th over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.05% offered to property buyers. Sellers in Rangeville itself are offering an average vendor discount of -5.62% to real estate investors.
In the last year 177 properties changed hands in Rangeville, which puts it as the 84th most active market in QLD when comparing the number of sales per suburb.
The QLD suburb of Rangeville, 4350 is in the Toowoomba local government area.
At number 570th in the list of Australian suburbs ordered by increase in median house value over the last year, Rangeville, 4350 is in the top 40% with a property value increase of 7.99% recorded in median house prices.
Over the longer term, Rangeville has seen property prices show investors a 10.15% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -3.80% to buyers in Rangeville at the moment, which is less than average for the rest of QLD.