Raceview is a mid-sized suburb in Queensland within the Ipswich local government area (postcode 4305). With a population of 9,699, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $74K per year, with an average household size of 2.6 people. The most common occupations are community & personal service, technicians & trades, professionals. The top ancestries reported are Australian, English, German.
The median house price in Raceview is $620,000, having surged 19.2% over the past year. Units have a median price of $418,000 (+8.5% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,349.
Raceview is served by 2 schools, including 2 primary. The average ICSEA score is 998, which is around the national average of 1,000. Public transport access includes 6 rail stations, 24 bus stops. The crime rate in the Ipswich LGA is moderate at 6,690 incidents per 100,000 population.
From an investment perspective, Raceview offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($620K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.3x is considered moderate. House prices have moved +19.2% year-on-year.
Raceview is a mid-sized suburb in Queensland within the Ipswich local government area (postcode 4305). With a population of 9,699, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $74K per year, with an average household size of 2.6 people. The most common occupations are community & personal service, technicians & trades, professionals. The top ancestries reported are Australian, English, German.
The median house price in Raceview is $620,000, having surged 19.2% over the past year. Units have a median price of $418,000 (+8.5% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,349.
Raceview is served by 2 schools, including 2 primary. The average ICSEA score is 998, which is around the national average of 1,000. Public transport access includes 6 rail stations, 24 bus stops. The crime rate in the Ipswich LGA is moderate at 6,690 incidents per 100,000 population.
From an investment perspective, Raceview offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($620K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.3x is considered moderate. House prices have moved +19.2% year-on-year.