Suburb Profile Report for Rangeville QLD (4350)

Rangeville House: Median price $420,000, Annual capital growth 3.54%, Number of sales 166, Weekly median advertised rent $350

Rangeville Unit: Median price $308,745, Annual capital growth 3.73%, Number of sales 34, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

HOUSE UNIT
$420,000 $308,745
0.42% -13.40%
-6.46% -11.41%
3.54% 3.73%
$350 $310
166 34
4.33% 5.22%
85.41 75.96

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Rangeville QLD
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
Chart Table
Recent sales & rentals