Rangeville is in the bottom 20% in QLD when comparing median price capital growth over the last year. Rangeville gave property investors a dismal capital gain figure when compared to the rest of the state, with -6.46%.
While Rangeville,4350 ranked number 403th in QLD for increase in median house value (annualised) increase, it is ranked 188th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Rangeville is offering property investors an average of -7.23. This rate of discount on properties puts Suburb at number 447th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Rangeville the average time real estate has been on the market is 85.41 days.
At number 1594th in the list of Australian suburbs ordered by increase in median house value over the last year, Rangeville, 4350 is in the BOTTOM 10% with a property value increase of -11.41% 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 Rangeville has increased when compared to the 5 year average annual rate.
At number 177th of QLD’s most discounted properties, Rangeville is in the middle of the state/territory when listing in order of most discounted to least.
In the last year 34 properties changed hands in Rangeville, which puts it as the 225th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $310 weekly from the median priced house in this suburb.