The Range is a medium-sized suburb in Queensland within the Rockhampton local government area (postcode 4700). It is home to about 5,231 residents, with a settled mid-life population and a median age of 38. Households earn a median income of $106K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, technicians & trades. Employment in the area leans toward healthcare and education. The top ancestries reported are Australian, English, Irish.
The Range has a median house price of $465,000, which has risen steeply by 19.2% year-on-year. Units have a median price of $343,000 (+10.8% YoY). The current median weekly rent is $570. This gives a gross rental yield of approximately 6.4%. The median monthly mortgage repayment is $1,517.
Healthcare facilities include 1 public and 2 private hospitals. The crime rate in the Rockhampton LGA is higher than average at 11,636 incidents per 100,000 population.
Looking at the investment signals, The Range shows a gross rental yield of approximately 6.4%, rated as high yield. Property prices sit below the state median ($465K/$1.1M), which can point to relative value. The price-to-income ratio of 4.4x is considered affordable. House prices have moved +19.2% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.