Suburb Profile Report for Rangeville QLD (4350)

Rangeville House: Median price $425,000, Annual capital growth 3.26%, Number of sales 175, Weekly median advertised rent $360

Rangeville Unit: Median price $362,000, Annual capital growth 4.15%, Number of sales 29, Weekly median advertised rent $313

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Rangeville, 4350 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.19%

While Rangeville,4350 ranked number 685th in QLD for increase in median house value (annualised) increase, it is ranked 256th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Rangeville is offering property investors an average of -6.86. This rate of discount on properties puts Suburb at number 540th in terms of most discounted suburbs in QLD

Property investors should expect to get $360 weekly from the median priced house in this suburb.

At number 229th in the list of Australian suburbs ordered by increase in median house value over the last year, Rangeville, 4350 is in the top 20% with a property value increase of 17.60% recorded in median house prices.

Comparing Rangeville,4350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Rangeville is $362000, with sellers offering an average of -4.08% off the asking price.

Rangeville, 4350’s gross rental yield is 4.49%

Metrics i HOUSE UNIT
$425,000 $362,000
-2.30% 2.33%
1.19% 17.60%
3.26% 4.15%
$360 $313
175 29
4.40% 4.49%
57.27 124.66

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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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Recent sales & rentals