Investment property in Rangeville has done pretty 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 0.35%
Rangeville,4350 was ranked 2570 in Australia by increase in median property value over the quarter.
The most recent median price for Rangeville is $427000, with sellers offering an average of -5.70% off the asking price.
Often selling an investment property can take time, and in Rangeville the average time real estate has been on the market is 79.04 days.
Advertised rents are around the $360 mark per week – giving a return of 4.38% based on the median price in Suburb
Property value increases in Rangeville have tracked just lower than the QLD average of 0.65% over the last 12 months.
The five-year average increase in median property values for Rangeville,4350 has given property investors a potential capital gain of 10.21% across each of those five years.
Rangeville, 4350 is offering QLD ‘s 198th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.
On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.
The QLD suburb of Rangeville, 4350 is in the Toowoomba local government area.