Suburb Profile Report for Rangeway WA (6530)

Rangeway House: Median price $90,000, Annual capital growth -6.20%, Number of sales 39, Weekly median advertised rent $200

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

Rangeway has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -8.16% to date .

Rangeway,6530 was ranked 2030 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Rangeway should be aiming for at least -18.51% off the asking price, which is the average vendor discount being achieved at the moment.

At number 1013 in a list of fastest selling suburbs, Rangeway is in the TOP 30% of suburbs in Australia with an average of days on market 47.7 for properties listed there.

Metrics i HOUSE UNIT
$90,000 N/A
0.00% N/A
-8.16% N/A
-6.20% N/A
$200 N/A
39 N/A
11.56% N/A
47.7 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 2260
Median household income ($/weekly) 807
Median age of persons 29
Median housing loan repayment ($/monthly) 1103
Average household size 2.6
  • Census Count Percent(%)
    0-4 years 232 10.3
    5-14 years 385 17.0
    25-34 years 306 13.5
    35-44 years 266 11.8
    45-54 years 292 12.9
    Others 779 34.5
    Age Group
    Census Count Percent(%)
    Not Married 756 54.0
    Registered Married 413 29.5
    Defacto Relationship 232 16.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1806 90.3
    Papua New Guinea 44 2.2
    Philippines 15 0.8
    United Kingdom 86 4.3
    Other 11 0.6
    Others 38 1.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1230 66.8
    No Religion 565 30.7
    Islam 23 1.2
    Other Religious Groups 12 0.7
    Buddhism 11 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 59 9.2
    $400-$599 106 16.5
    $600-$799 87 13.5
    $800-$999 69 10.7
    $1,000-$1,249 64 10.0
    Others 258 40.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 639 43.3
    Employed, worked full-time 443 30.0
    Employed, worked part-time 223 15.1
    Unemployed, looking for work 103 7.0
    Employed, away from work 69 4.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 122 16.5
    Community & personal service workers 94 12.7
    Sales 97 13.1
    Machinery operators & drivers 102 13.8
    Labourers 149 20.1
    Others 177 23.9
    Occupation
    Census Count Percent(%)
    Pre-school 41 9.4
    Infants/Primary 218 50.2
    Secondary 116 26.7
    Technical or Further Educational Institution 43 9.9
    University or other Tertiary Institutions 10 2.3
    Others 6 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1831 92.5
    Flat, unit or apartment 121 6.1
    Semi-detached, row or terrace house, townhouse 28 1.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 318 42.8
    Being purchased 241 32.4
    Fully owned 181 24.4
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals