RACEVIEW 4305
State: QLDPosiProp AI Investment Summary
RACEVIEW (QLD 4305) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Up 17.6%, with a median house buy price of $799,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$629,700
$770,000
$831,000
$799,500
Suburb Market Profile
Last month Raceview had 23 properties available for rent and 37 properties for sale. Median property prices over the last year range from $799,500 for houses to $602,500 for units. If you are looking for an investment property, consider houses in Raceview rent out for $590 PW with an annual rental yield of 3.5% and units rent for $520 PW with a rental yield of 3.5%. Raceview has seen an annual compound growth rate of 17.6% for houses and 7.6% for units.