Suburb Profile Report for Rangeville QLD (4350)

Rangeville House: Median price $432,500, Annual capital growth 3.77%, Number of sales 177, Weekly median advertised rent $360

Rangeville Unit: Median price $358,000, Annual capital growth 4.11%, Number of sales 26, Weekly median advertised rent $315

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$432,500 $358,000
1.41% 3.77%
2.98% 7.99%
3.77% 4.11%
$360 $315
177 26
4.33% 4.58%
69.43 121.95

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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