Rangeville is a mid-sized suburb in Queensland within the Toowoomba local government area (postcode 4350). With a population of 8,668, the suburb has an established demographic with a median age of 44. Households earn a median income of $88K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Rangeville is $715,000, having surged 14.4% over the past year. Units have a median price of $473,000 (-8.3% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,586.
Rangeville is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1042, which is around the national average of 1,000. The crime rate in the Toowoomba LGA is moderate at 5,673 incidents per 100,000 population.
From an investment perspective, Rangeville offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($715K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +14.4% year-on-year.
Rangeville is a mid-sized suburb in Queensland within the Toowoomba local government area (postcode 4350). With a population of 8,668, the suburb has an established demographic with a median age of 44. Households earn a median income of $88K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Rangeville is $715,000, having surged 14.4% over the past year. Units have a median price of $473,000 (-8.3% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,586.
Rangeville is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1042, which is around the national average of 1,000. The crime rate in the Toowoomba LGA is moderate at 5,673 incidents per 100,000 population.
From an investment perspective, Rangeville offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($715K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +14.4% year-on-year.