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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Raceview, the median property price for a house is currently 620,000 with annual capital growth of 20.39 . There were 199 house sales in the past 12 months. On average, houses spend 9 days on market.
If you're thinking about buying an investment property in Raceview, consider that rental yields for houses are currently 4.58 with an average median rent of 540 weekly. Houses have seen 3.33 growth in the past quarter, and 20.39 growth in the past 12 months.
The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2011 was 8,686 people. By 2016 the population was 9,716 showing a population growth of 11.9% in the area during that time. The predominant age group in Raceview is 0-9 years.
Households in Raceview are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raceview work in a trades occupation. In 2011, 51.4% of the homes in Raceview were owner-occupied compared with 53% in 2016.
In Raceview, the median property price for a unit is currently 440,000 with annual capital growth of 22.22 . There were 35 unit sales in the past 12 months. On average, units spend 12 days on market.
If you're thinking about buying an investment property in Raceview, consider that rental yields for units are currently 5.43 with an average median rent of 425 weekly. Units have seen 6.86 growth in the past quarter, and 22.22 growth in the past 12 months.
The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2011 was 8,686 people. By 2016 the population was 9,716 showing a population growth of 11.9% in the area during that time. The predominant age group in Raceview is 0-9 years.
Households in Raceview are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raceview work in a trades occupation. In 2011, 51.4% of the homes in Raceview were owner-occupied compared with 53% in 2016.
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| Key Market Data | House | Unit |
| Median price | 620,000 | 440,000 |
| Quarterly growth | +3.33 | +6.86 |
| 12-month growth | +20.39 | +22.22 |
| Average annual growth | +14.14 | +12.65 |
| Weekly median rent | 540 | 425 |
| Gross rental yield | 4.58 | 5.43 |
| Number of Sales (12m) | 199 | 35 |
| Avg. Days on Market (12m) | 9 | 12 |
| Key Demographics | 2011 | 2016 |
| Total population | 8,686 | 9,716 |
| Population change (5y) | +25.94 | +11.90 |
| Median household income (p/w) | 1,105 | 1,264 |
| Household income change (5y) | +24.86 | +14.39 |
| Median age of persons | 31 | 33 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Raceview was 9,716 in 2016, a +11.90 change compared to 2011.
The predominant age group in Raceview is 0-9 years.
The population of Raceview was 9,716 in 2016, a +11.90 change compared to 2011.
The predominant age group in Raceview is 20-29 years.
Most of the population in Raceview were born in Australia.
Most of the population in Raceview were born in Australia.
Most of the population in Raceview report their religion as No Religion.
Most of the population in Raceview report their religion as Catholic.
Most of the population in Raceview report their income range as between 78,000 and 130,000 .
The median household income in Raceview was 1,264 in 2016, a +14.39 change compared to 2011.
Most of the population in Raceview report their income range as between 78,000 and 130,000 .
The median household income in Raceview was 1,105 in 2011, a +24.86 change compared to 2006.
Most of the population in Raceview work as Trades.
Most of the population in Raceview work as Trades.
The chart below demonstrates the various levels of education in Raceview.
The chart below demonstrates the various levels of education in Raceview.
Most of the population in Raceview reached a qualification level of Certificate.
Most of the population in Raceview reached a qualification level of Certificate.
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