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%