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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.

Rangewood infrastructure, key developments and investment opportunities

Rangewood remains a low-density acreage suburb with no major new commercial or retail centres planned locally, which helps preserve its semi-rural character and appeal to buyers seeking space and privacy.[2][8] Residents continue to rely on nearby Kirwan and the broader Thuringowa area for shopping, schools and entertainment, with easy access via Harvey Range Road supporting demand from families prepared to commute for amenities.[2] The absence of schools within Rangewood itself is unchanged, but established school bus services to nearby education hubs maintain its practicality for family living while keeping through-traffic and congestion low.[2][8]

Ongoing growth and development around Kirwan, including additional shopping centres, parks and retail services within a short drive, are incrementally improving lifestyle convenience for Rangewood residents without eroding its quiet, acreage feel.[2] Proximity to regional attractions such as Riverway Park, sporting facilities and employment nodes in Townsville underpins the suburb’s long-term desirability, particularly for upgraders seeking larger blocks.[2][8] At present there are no widely reported significant new infrastructure or rezoning initiatives directly within Rangewood, so its property market is likely to continue being driven primarily by lifestyle demand for acreage close to the city rather than by large-scale local projects.[2][8]

Rangewood rental market trends

The rental market in Rangewood has remained stable over the past year, with no change in house or unit rents, both maintaining a median rent of $0 per week. This indicates a lack of rental activity or data in the area, suggesting limited rental opportunities or a predominantly owner-occupied suburb.

Suburbs near Rangewood

Some popular suburbs near Rangewood include:

Common questions about Rangewood

  • Is Rangewood a nice place to live?

    Rangewood is a delightful suburb that offers a peaceful and serene lifestyle, making it a wonderful place to live. Nestled on the outskirts of Townsville, it provides a charming rural atmosphere while still being conveniently close to urban amenities. The suburb is known for its spacious properties and natural surroundings, which are perfect for families and individuals who appreciate tranquility and a strong sense of community. The local events and activities foster connections among residents, creating a welcoming environment for newcomers and long-term residents alike.

    Families will find Rangewood particularly appealing due to its family-oriented nature and the availability of large properties that offer plenty of space for children to play and explore. While the suburb does not have schools within its boundaries, established school bus services ensure easy access to nearby educational hubs, making it practical for family living. The absence of major commercial or retail centers within Rangewood helps preserve its semi-rural character, but the proximity to nearby Kirwan and Thuringowa provides residents with access to shopping, schools, and entertainment options.

    One of the trade-offs of living in Rangewood is the need to commute for certain amenities, as the suburb relies on nearby areas for shopping and entertainment. However, the easy access via Harvey Range Road makes this a manageable aspect of life in Rangewood. The suburb's low-density acreage and lack of through-traffic contribute to its quiet and private feel, which is highly valued by those seeking a peaceful environment. Overall, Rangewood offers a unique blend of rural charm and suburban convenience, making it an attractive option for those looking to enjoy a tranquil lifestyle while still being within reach of the amenities offered by nearby urban centers.

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  • Is it expensive to live in Rangewood?

    Living in Rangewood is quite affordable, especially when compared to many other suburbs in Queensland. With a median total household income of $2,511 per week, residents in Rangewood generally earn a comfortable income. However, it's important to note that the current property market data for Rangewood shows a median house and unit price of $0, as well as an average rent of $0, which suggests that specific pricing data might not be available or that the market is not as active as in other areas.

    Comparing this to the average wage in Queensland, which ranges between AUD 80,000 to 90,000 per year, Rangewood seems to offer a reasonable cost of living. Given the absence of specific property prices and rental costs, it's likely that housing options could be more accessible financially than in more densely populated or capital city areas. If you're thinking of living in Rangewood, the combination of a decent income level and potentially lower housing costs could make it an attractive option for those seeking affordability without sacrificing lifestyle quality.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Rangewood a good place to invest?

    Rangewood presents a unique investment opportunity for those seeking stability in the property market. Over the past year, the suburb has experienced no change in median house or unit values, as well as rental prices. This stability can be appealing to investors who prefer a low-risk environment, where property values and rental returns are not subject to the volatility seen in other areas.The suburb's appeal lies in its steady market conditions, making it a reliable choice for those looking to invest in a community-oriented area. Rangewood's consistent property values suggest a balanced market, where supply and demand are in harmony. This can be particularly attractive for investors who prioritize steady rental income over rapid capital growth.While Rangewood may not offer the excitement of fast-paced property appreciation, its stable market conditions provide a sense of security. For investors seeking a long-term, low-risk investment, Rangewood's consistent performance makes it a suburb worth considering.
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