7 Palm Avenue

Raceview QLD 4305

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.

Raceview has 4,475 properties. Over the last 5 years, Houses in Raceview have seen a 101.62% increase in median value, while Units have seen a 121.82% increase. As at 30 November 2024:

• The median value for Houses in Raceview is $672,420 while the median value for Units is $454,647.
• Houses have a median rent of $540 while Units have a median rent of $425.