The Range is a mid-sized suburb in Queensland within the Rockhampton local government area (postcode 4700). With a population of 5,231, the suburb has an established demographic with a median age of 38. Households earn a median income of $106K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in The Range is $465,000, having surged 19.2% over the past year. Units have a median price of $343,000 (+10.8% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 6.2%. 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 11,689 incidents per 100,000 population.
From an investment perspective, The Range offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($465K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved +19.2% year-on-year.
The Range is a mid-sized suburb in Queensland within the Rockhampton local government area (postcode 4700). With a population of 5,231, the suburb has an established demographic with a median age of 38. Households earn a median income of $106K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in The Range is $465,000, having surged 19.2% over the past year. Units have a median price of $343,000 (+10.8% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 6.2%. 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 11,689 incidents per 100,000 population.
From an investment perspective, The Range offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($465K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved +19.2% year-on-year.