Suburb Profile Report for The Range QLD (4700)

The Range House: Median price $382,500, Annual capital growth 0.92%, Number of sales 84, Weekly median advertised rent $330

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

The Range has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 9.29% to date .

Over the longer term, The Range has seen property prices show investors a 2.00% return over the last 3 years. This is an improvement over the last 12 months

Sellers are offering property buyers an average discount of -8.36% to buyers in The Range at the moment, which is less than average for the rest of QLD.

On average over the past year, suburb has had 7.00 sales per month, which equates to 84 per year.

Using the current median advertised rental of $330 and the average annual increase in value of a median property of 0.92%, investors should hope to achieve an overall return of 4.49%

Metrics i HOUSE UNIT
$382,500 N/A
7.44% N/A
9.29% N/A
0.92% N/A
$330 N/A
84 N/A
4.49% N/A
81.1454545454546 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 5369
Median household income ($/weekly) 1435
Median age of persons 37
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 871 16.2
    15-19 years 603 11.2
    25-34 years 538 10.0
    35-44 years 614 11.4
    45-54 years 722 13.4
    Others 2021 37.6
    Age Group
    Census Count Percent(%)
    Registered Married 1588 50.6
    Not Married 1284 40.9
    Defacto Relationship 266 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4305 89.3
    Papua New Guinea 69 1.4
    South Africa 32 0.7
    United Kingdom 136 2.8
    Other 101 2.1
    Others 180 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 37 0.8
    Christianity 3723 80.1
    Hinduism 18 0.4
    Islam 25 0.5
    No Religion 831 17.9
    Others 13 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 133 9.2
    $1,250-$1,499 126 8.7
    $1,500-$1,999 170 11.7
    $2,000-$2,499 147 10.1
    $2,500-$2,999 162 11.1
    Others 715 49.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1536 41.3
    Not in the labour force 1280 34.4
    Employed, worked part-time 674 18.1
    Employed, away from work 142 3.8
    Unemployed, looking for work 85 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 257 10.9
    Professionals 686 29.2
    Technicians & trades workers 338 14.4
    Community & personal service workers 244 10.4
    Clerical & administrative workers 334 14.2
    Others 492 20.9
    Occupation
    Census Count Percent(%)
    Pre-school 45 2.9
    Infants/Primary 446 28.9
    Secondary 768 49.8
    Technical or Further Educational Institution 89 5.8
    University or other Tertiary Institutions 179 11.6
    Others 14 0.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3747 91.7
    Semi-detached, row or terrace house, townhouse 225 5.5
    Flat, unit or apartment 109 2.7
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 605 37.0
    Being purchased 514 31.4
    Rented 502 30.7
    Other tenure type 16 1.0
    Tenure Type
Census 2011, ABS
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