Rangeville has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -6.46% to date .
Comparing Rangeville,4350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Rangeville, 4350. Typically our figures indicate that -5.85% is being offered, which puts this QLD suburb at 1907th most discounted overall in Australia.
At number 1836 in a list of fastest selling suburbs, Rangeville is just in the top half of suburbs in Australia with an average of days on market 77.83 for properties listed there.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
Investment property in Rangeville has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.29%
Across a shorter period, Rangeville, 4350 has seen a median price increase of -2.90% over the last quarter.
Sellers are offering property buyers an average discount of -5.13% to buyers in Rangeville at the moment, which is less than average for the rest of QLD.
Often selling an investment property can take time, and in Rangeville the average time real estate has been on the market is 75.15 days.
With the median price for a house in Rangeville being $335000 and the advertised rent reaching $312.5 the gross rental yield for property investors calculates out to be 4.85%