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Investment Property Rangeville, QLD, 4350

Suburb Snapshot

Rangeville is a suburb in the Toowoomba Region of Queensland. Rangeville has a population of 8,311 people and 23.48% of its occupants live in rental accommodation. The median listing price for houses is $779,000 and this has changed 12.08% over the past year and changed 30.05% over 2 years.

The median rent in Rangeville for houses is $550 per week and the median rental yield is 3.67%. Stock on the market for houses/townhouses has changed 8.33% compared to last year and the average time to sell a house/townhouse is 48 days.The median listing price for units is $620,000 and this has changed 39.63% over the past year. The average unit takes 83 days to sell and the median rent for a unit in Rangeville is $400 per week, producing a rental yield of 3.35%.

Supply & Demand in Rangeville, Toowoomba

0.73%

Current vacancy rate


28

Rental stock available


8,311

Population


23.48%

Rental population


0.66%

Current vacancy rate


542

Rental stock available


160,777

Population


27.69%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Rangeville, Toowoomba

  House Townhouses Units
Median listing price $779,000 NA $620,000
Median price change - last quarter -0.77% NA 5.98%
Median price change - 1 year 12.08% NA 39.63%
Median price change - 2 years 30.05% NA 24.24%
  House Townhouses Units
Median weekly rent $550 NA $400
Median yield % 3.67% NA 3.35%
Median rent change - 1 year 10.00% NA 0.00%
  House Units
Previous month sales 12 1
Stock on market previous month 39 6
Stock variance vs. last year 8.33% 50.00%
Average days on market 48 83

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