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Rangewood suburb profile

Rangewood is a serene residential suburb located on the outskirts of Townsville, Queensland, offering a peaceful rural lifestyle with the convenience of city amenities nearby. Known for its spacious properties and natural surroundings, Rangewood is ideal for families and individuals seeking a tranquil environment away from the hustle and bustle. The suburb provides a strong sense of community, with local events and activities fostering connections among residents. Its proximity to Townsville ensures easy access to shopping, schools, and recreational facilities, making Rangewood a desirable location for those who appreciate a balance between rural charm and urban convenience.

Rangewood property market performance

Rangewood's property market has shown no significant activity or change over the past 12 months. Both house and unit values have remained static, with no change in median prices. Only one house was sold in the past year, and there were no unit sales, indicating minimal market movement.

With no recorded median days on market for either houses or units, it suggests a lack of transactions and possibly limited demand or supply in the area. The rental market has also seen no activity, with average rents for both houses and units remaining unchanged over the last year.

Overall, Rangewood's real estate market appears to be stagnant, with little to no change in property values or rental prices, reflecting a quiet period in the suburb's property sector.

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Rangewood demographics

Rangewood, located in the northern part of Queensland, is a serene suburb that offers a tranquil lifestyle away from the hustle and bustle of city life. With a population of just over 1,000 residents, it provides a close-knit community atmosphere that is ideal for families and those seeking a peaceful environment. The median age of 45 suggests a mature population, with many residents likely enjoying the benefits of a quieter, more relaxed lifestyle.

The suburb is predominantly composed of family households, with nearly half of the families being couples with children, and a significant portion being couples without children. This demographic distribution highlights Rangewood's appeal to both growing families and those whose children have moved out, seeking a quieter life. The absence of other family types further emphasizes its family-oriented nature.

Property ownership in Rangewood is notably high, with a substantial 39.1% of homes owned outright and 56.3% owned with a mortgage. This indicates a stable and established community, with very few properties available for rent. The low rental rate of 4.7% suggests that Rangewood is less transient than other suburbs, with residents likely to be long-term homeowners who value the stability and community ties that come with home ownership.

Overall, Rangewood offers a blend of rural charm and suburban convenience, making it an attractive option for those looking to settle down in a peaceful environment while still being within reach of the amenities offered by nearby urban centers.

Suburbs near Rangewood

Some popular suburbs near Rangewood include:

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