Suburb Profile Report for Rangeville QLD (4350)

Rangeville House: Median price $425,000, Annual capital growth 3.55%, Number of sales 169, Weekly median advertised rent $353

Rangeville Unit: Median price $340,000, Annual capital growth 4.77%, Number of sales 39, Weekly median advertised rent $310

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Rangeville have tracked just lower than the QLD average of 2.38% over the last 12 months.

Taking the average capital gain, or increase in median house value, Rangeville,4350 has racked up an average of -0.70% over the period. This ranks it number 2621th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Rangeville is giving property investors an average Vendor Discount of around -5.67%. This puts suburb at number 515th in QLD when ranking the most discounted suburbs.

Rangeville is 514th on a list of best yielding suburbs for rents in QLD with a 4.31% return

Property value increases in Rangeville have tracked just lower than the QLD average of 0.65% over the last 12 months.

While Rangeville,4350 ranked number 30th in QLD for increase in median house value (annualised) increase, it is ranked 132th over the last 5 years.

At number 202th of QLD’s most discounted properties, Rangeville is in the TOP 40% of the state/territory when listing in order of most discounted to least.

A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.74%, without taking into account capital value appreciation, which has been averaging out at 4.77%.

Metrics i HOUSE UNIT
$425,000 $340,000
1.19% 4.62%
-0.70% -4.76%
3.55% 4.77%
$353 $310
169 39
4.31% 4.74%
76.99 122.96

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 8216
Median household income ($/weekly) 1220
Median age of persons 40
Median housing loan repayment ($/monthly) 1690
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1145 13.9
    25-34 years 856 10.4
    35-44 years 1081 13.2
    45-54 years 1120 13.6
    55-64 years 1008 12.3
    Others 3006 36.6
    Age Group
    Census Count Percent(%)
    Registered Married 3298 56.1
    Not Married 2177 37.0
    Defacto Relationship 403 6.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 6929 87.1
    Papua New Guinea 155 1.9
    South Africa 97 1.2
    United Kingdom 231 2.9
    Other 197 2.5
    Others 344 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 93 1.2
    Christianity 6222 80.7
    Hinduism 57 0.7
    Other Religious Groups 63 0.8
    No Religion 1242 16.1
    Others 29 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 307 10.9
    $600-$799 299 10.7
    $800-$999 271 9.7
    $1,000-$1,249 254 9.1
    $1,500-$1,999 373 13.3
    Others 1302 46.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2418 38.6
    Not in the labour force 2293 36.6
    Employed, worked part-time 1183 18.9
    Employed, away from work 217 3.5
    Unemployed, looking for work 158 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 456 11.9
    Professionals 1064 27.8
    Technicians & trades workers 456 11.9
    Clerical & administrative workers 618 16.2
    Sales 392 10.3
    Others 836 21.9
    Occupation
    Census Count Percent(%)
    Pre-school 96 4.9
    Infants/Primary 805 41.4
    Secondary 542 27.9
    Technical or Further Educational Institution 125 6.4
    University or other Tertiary Institutions 323 16.6
    Others 52 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7103 92.0
    Semi-detached, row or terrace house, townhouse 345 4.5
    Flat, unit or apartment 271 3.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1282 41.6
    Being purchased 997 32.3
    Rented 796 25.8
    Other tenure type 7 0.2
    Tenure Type
Census 2011, ABS
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