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Rangeway, WA 6530
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$425,000
market range $400K-$475K
Median Unit
$195,000
market range $175K-$400K
Gross Yield (houses)
5.9%
1yr Growth
-
Investment snapshot for Rangeway
Rangeway has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Rangeway market and investor summary
Rangeway (WA 6530) runs a median house price of $425K, with houses yielding a gross 5.9%. At 1.3% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.9% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 1.3% and a resident base that is not shrinking.
Living in Rangeway: people, income and schools
Rangeway is home to around 1,871 people, a number that has held fairly steady over five years. The median age is 36, broadly working-age, and families account for 62% of households.
Households here earn a median of about $48,000 a year, or roughly $920 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to about 8.9 times local household income, in line with much of metropolitan Australia. Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.
There are 17 schools within about 5km, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 19 for walkability and 1 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 1,871
- +5% over 5yr
- Median age
- 36 years
- Median household income
- $48,000/yr
- Households renting
- 36%
- Family households
- 62%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 17
- avg ICSEA 874
- Unemployment
- 3.5%
- Walk score
- 19/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Rangeway
No properties currently listed in Rangeway
Search Rangeway listings →Frequently asked questions about Rangeway
What should I check before investing in Rangeway?
Rangeway has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 9.9%, before expenses, tax and loan costs. Tight rental market (1.3% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Rangeway?
The median property price in Rangeway, WA 6530 is $425K for houses and $195K for units.
What rental yield does Rangeway show?
The gross rental yield in Rangeway is 5.9% for houses and 9.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Rangeway?
The current vacancy rate in Rangeway is 1.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Rangeway?
Rangeway has a population of approximately 1,871 residents, with a median age of 36.
What schools are near Rangeway?
There are 17 schools within roughly 5km of Rangeway. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Rangeway affordable to buy in?
A median house in Rangeway costs about 8.9 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Rangeway's population growing?
The population of Rangeway has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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