Raceview
Raceview's IRSAD decile 3 and household income at the 42nd percentile place it among Ipswich's more affordable residential pockets, yet the mortgage-to-income ratio of 21.8% sits well below the 30% stress line, meaning residents are stretched less than many higher-income suburbs. The suburb is aging on trajectory: the senior share expanded by 4.7 percentage points over the decade while the young share contracted by 2.2 points. Healthcare dominates employment at 23.1%, more than double the next sector, and 89.2% of commuters drive, reflecting near-total car dependency with just 1.7% using public transport.
Population
9,699
Median Age
35.0
Household IncomeiMedian weekly household income (ABS Census)
$1,432/wk
DAs (12 months)iDevelopment Applications lodged in the past year
0
Median House
$388K
Estimated from rent (2025)
Detached houses comprise 82.4% of dwelling stock, with three-bedroom homes at 43.6% and four-bedroom-plus at 42.3%, offering the family-sized housing that inner-city Brisbane cannot. The estimated $388,000 median is roughly a third of Brisbane's inner ring, positioning Raceview as one of the region's most accessible entry points. Monthly mortgage repayments of $1,349 produce a mortgage-to-income ratio of 21.8%, well below the national stress threshold. Ownership is split between 24.8% outright and 34.1% mortgage holders, with renters at 41.1%. Semi-detached stock at 16.8% provides some townhouse variety, though apartments are almost non-existent at 0.8%.
For Buyers
Detached houses comprise 82.4% of dwelling stock, with three-bedroom homes at 43.6% and four-bedroom-plus at 42.3%, offering the family-sized housing that inner-city Brisbane cannot. The estimated $388,000 median is roughly a third of Brisbane's inner ring, positioning Raceview as one of the region's most accessible entry points. Monthly mortgage repayments of $1,349 produce a mortgage-to-income ratio of 21.8%, well below the national stress threshold. Ownership is split between 24.8% outright and 34.1% mortgage holders, with renters at 41.1%. Semi-detached stock at 16.8% provides some townhouse variety, though apartments are almost non-existent at 0.8%.
For Investors
Renters comprise 41.1% of households, above the national average, providing a solid tenant base. Median weekly rent of $315 against a $388,000 median produces gross yield around 4.2%, competitive compared to inner Brisbane's sub-3% returns. The vacancy rate of 5.8% is manageable but higher than the tighter sub-3% rates seen in premium suburbs. No development applications were lodged in the past 12 months, suggesting minimal new supply pressure on existing stock. Migration is balanced between internal (84/year) and overseas (78/year), meaning demand is not dependent on a single source.
Development Activity
Total DAs
1
Last 12 Months
0
YoY ChangeiYear-over-year change in DA lodgements
-100.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Raceview iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Bethany Lutheran Primary School
Prep-6 · 356 students
Raceview State School
Prep-6 · 679 students
Demographics
The median age of 35 sits 5 years below the national baseline, though the aging trajectory signal shows the senior share growing by 4.7 percentage points over the decade. Only 13.2% were born overseas, 8.4 points below national, and university qualifications at 16.4% run 13.7 points below the national average, consistent with the IEO decile 2. English ancestry leads at 3,903, followed by German (918) and Irish (904), reflecting a strongly Anglo-Celtic heritage. Average household size of 2.6 aligns with the national norm, and 75.6% of residents stayed in the same address over the Census period, indicating low population turnover.
Age Distribution
Bedrooms
Dwelling Structure
82.4%
Houses
16.8%
Townhouse
0.8%
Apartment
Tenure
Ownership is balanced: 24.8% outright and 34.1% mortgage, with renters at 41.1% above the national average. Detached houses at 82.4% dominate, with semi-detached at 16.8% and apartments negligible at 0.8%. Three-bedrooms (43.6%) and four-bedroom-plus (42.3%) comprise 85.9% of stock, meaning family-sized homes are the overwhelming norm. The estimated $388,000 median positions Raceview among southeast Queensland's most accessible entry points. The mortgage-to-income ratio of 21.8% and rent-to-income of 22.0% are both well below stress thresholds. Affordability improved over the decade from 45.5% to 41.2%.
Mortgage / mo
$1,349
Rent / wk
$315
HH Size
2.6
Personal Income / wk
$728
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
5.8%
Unoccupied
217
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
22.0%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
21.8%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
22.1%
Couples, no children
7,681
Total families
Economy & Employment
Healthcare dominates at 23.1% (583 workers), more than double the next sector, Education at 11.7% (295). Public Administration at 11.4% and Construction at 8.5% follow, reflecting the Ipswich corridor's role as a government and trades employment hub. Community/Personal workers (674) outnumber Professionals (545), an occupation mix that inverts the typical capital-city pattern. Unemployment at 7.8% sits above the national rate, and participation at 53.8% is notably low, with 2,695 people not in the labour force. The IRSAD decile 3 and IEO decile 2 confirm lower socio-economic standing relative to greater Brisbane.
Unemployment
4.6%
Labour Force
8,652
Unemployed
399
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
67.0%
Part-time
25.2%
Participation
53.8%
Employed
3,731
Occupations
Top Industries
University
16.4%
Postgraduate
2.5%
Born Overseas
13.2%
Dwellings
3,562
Transport to Work
Car dependency is near-total at 89.2%, with public transport at just 1.7% and walking/cycling at 1.9%, well below the national average. Two schools serve the suburb: Bethany Lutheran Primary School (ICSEA 1,062, 356 students, Independent) sits above the national 1,000 benchmark, while Raceview State School (ICSEA 933, 679 students, Government) falls below it. The IRSAD decile 3 and IRSD decile 3 confirm below-average socio-economic conditions. The 9.3% rate needing assistance is higher than the national average, consistent with the aging trajectory.
Drive
89.2%
Public Transport
1.7%
Walk / Cycle
1.9%
Work from Home
N/A
Population Forecast
+1.09%/yr
(+178 people/yr)
EstablishedPopulation growth averages 1.09% per year (178 persons), moderate for outer Brisbane. The 10-year population increase of 6.6% is below the national average. Migration is balanced between internal inflow of 84 per year and overseas arrivals of 78 per year. The medium forecast projects 17,524 residents by 2031, up from 16,636 in 2026. The gentrification score of 14 indicates the suburb is not gentrifying, meaning price growth reflects broader market movements rather than demographic displacement. Real income growth of 1.0% over the decade has barely kept pace with inflation.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Balanced
Net Overseas / yr
+78
Net Internal / yr
+84
Gentrification Signal
Not gentrifying
Population +12% since 2011, Net internal migration +84/yr
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Raceview compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Raceview a good suburb to live in?
Raceview offers affordable family housing with a $388,000 estimated median and mortgage stress at just 21.8%, well below the 30% threshold. The tradeoff is car dependency (89.2% drive) and limited public transport (1.7%). The IRSAD decile 3 places it below average for socio-economic conditions, though 75.6% residential stability suggests people who settle tend to stay.
What is the median house price in Raceview?
The estimated median is $388,000 (rent-derived, 2025). Weekly rent sits at $315 and monthly mortgage repayments at $1,349. At the 42nd household income percentile, the mortgage-to-income ratio of 21.8% makes this one of the more financially accessible suburbs in the Ipswich corridor compared to Brisbane's inner ring.
What schools are in Raceview?
Raceview has 2 schools. Bethany Lutheran Primary School (ICSEA 1,062, 356 students, Independent) sits above the national 1,000 ICSEA benchmark. Raceview State School (ICSEA 933, 679 students, Government) falls below the benchmark, a 129-point gap that reflects the suburb's socio-economic split.
Is Raceview safe?
Crime data is not available for Raceview in the current dataset. The IRSD decile 3 indicates above-average disadvantage compared to the national median. The 7.8% unemployment rate and 9.3% needing-assistance rate are both elevated. However, the 75.6% residential stability and 10.8% volunteering rate suggest some community cohesion.
Is Raceview good for property investment?
The 41.1% renter share provides a solid tenant base above the national average. Gross yield is roughly 4.2% ($315/week on $388,000), competitive for southeast Queensland. The 5.8% vacancy rate is manageable, and zero development applications in 12 months means no new supply competition. The tradeoff is slow capital growth potential given the IRSAD decile 3 positioning.
How is Raceview's population changing?
Growth is moderate at 1.09% per year (178 people), with balanced migration sources. The suburb is on an aging trajectory, with the senior share expanding by 4.7 percentage points over the decade. The medium forecast projects 17,524 residents by 2031. The median age of 35 is 5 years below national, but the trend points upward.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
Explore Raceview on the Map
View parcels, zoning overlays, DA applications, schools and more.
Open Interactive Map