Thinking about buying in Rangewood? Now could not be a better time, with just 460 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $754,000 with prices in this suburb ranging from $391,000 to $1,987,000. The aproximate distance to the coast is 10 Km.
Median Weekly Rent | $353.75 |
Median Monthly Mortgage | $1745.25 |
Median Persons Per Bedroom | 0.78 |
Average Household Size | 3.00 |
Average Age | 42.75 |
Average Income | $917.25 |
Average Cars Per Dwelling | 2.61 |
Average Properties Within 50M | 3 |
2 Bed  $646,000 |
3 Bed  $635,000 |
4 Bed  $849,000 |
5 Bed  $978,000 |
6 Bed+$983,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Rangewood due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Rangewood provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Rangewood requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
1160 hervey range rd, rangewood, qld, 4817 | 4 | 2 | 0 | Expressions of Interest |
None within suburb boundary
(While the above schools are located with the suburb of Rangewood there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jun | 0.7 | 15.5 | 25.9 | 46.9 | 92.0 | 3.5 | 15.6 |
Jul | 0.6 | 14.8 | 25.9 | 44.6 | 91.7 | 3.6 | 17.0 |
Aug | 0.4 | 15.0 | 26.8 | 42.6 | 92.4 | 3.7 | 19.7 |
Sept | 0.1 | 17.4 | 28.4 | 42.3 | 88.4 | 4.3 | 23.8 |
Oct | 0.6 | 20.9 | 29.8 | 46.9 | 85.0 | 5.0 | 25.7 |
Nov | 1.8 | 23.2 | 30.8 | 52.2 | 84.4 | 5.1 | 26.9 |
Dec | 5.1 | 24.6 | 32.0 | 52.3 | 84.9 | 5.1 | 27.1 |
Jan | 8.5 | 24.9 | 31.8 | 58.4 | 89.9 | 4.6 | 22.8 |
Feb | 6.6 | 24.9 | 32.4 | 57.2 | 91.6 | 4.0 | 23.1 |
Mar | 9.3 | 23.9 | 31 | 59.8 | 91.5 | 4.3 | 20.3 |
Apr | 1.6 | 21.6 | 30.2 | 52.6 | 90.1 | 4.0 | 19.7 |
May | 1.1 | 17.7 | 27.9 | 46.9 | 90.7 | 3.8 | 17.0 |
source: Australian Government Bureau of Meteorology
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