Raceview

An assessment of population growth drivers in Raceview reveals an overall ranking slightly below national averages considering recent, and medium term trends

Based on analysis of ABS population updates for the broader area, and new addresses validated by AreaSearch, the estimated population of Raceview as of Feb 2026 is around 10,692. This reflects an increase of 993 people (10.2%) since the 2021 Census, which reported a population of 9,699 people. The change is inferred from the resident population of 10,648 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024, and an additional 337 validated new addresses since the Census date. This level of population equates to a density ratio of 1,809 persons per square kilometer, which is above the average seen across national locations assessed by AreaSearch. Raceview's 10.2% growth since the 2021 census exceeded the national average (9.9%), marking it as a growth leader in the region. Population growth for the suburb was primarily driven by interstate migration that contributed approximately 49.0% of overall population gains during recent periods, although all drivers including overseas migration and natural growth were positive factors.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, and for years post-2032, Queensland State Government's SA2 area projections, released in 2023 and based on 2021 data, are adopted. It should be noted that these state projections do not provide age category splits; hence where utilised, AreaSearch is applying proportional growth weightings in line with the ABS Greater Capital Region projections (released in 2023, based on 2022 data) for each age cohort. Considering the projected demographic shifts, a population increase just below the median of statistical areas across the nation is expected, with the suburb expected to grow by 958 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 6.8% in total over the 17 years.

AreaSearch assessment of residential approval activity sees Raceview among the top 30% of areas assessed nationwide

AreaSearch analysis indicates Raceview has averaged approximately 70 dwelling approvals annually over the past five financial years, totalling around 352 homes from FY-21 to FY-25. As of FY-26, five approvals have been recorded. This results in an estimated 1.6 new residents per year per new home, indicating a balanced supply and demand market with stable conditions. The average construction cost value for new homes is $440,000, suggesting a focus on the premium segment.

In FY-26, commercial development approvals have reached $10.0 million, reflecting steady investment activity. Compared to Greater Brisbane, Raceview has about two-thirds the rate of new dwelling approvals per person and ranks among the 81st percentile nationally. The area's new development consists of 25% detached dwellings and 75% attached dwellings, showing a trend towards denser housing that caters to downsizers, investors, and entry-level buyers. This shift contrasts with the existing housing stock, which is currently 82% houses, suggesting decreasing developable sites and changing lifestyles requiring diverse housing options. With approximately 133 people per approval, Raceview reflects a developing area.

AreaSearch's latest quarterly estimate projects a growth of 723 residents by 2041, indicating that current development rates should comfortably meet demand and potentially support population growth beyond projections.

Raceview has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 14 projects likely impacting the area. Notable ones include Monterea Land Holdings' Monterea Estate project, Raceview Rise, Scenic Views Estate Brassall, and Cross Street Kerb and Channel Rehabilitation. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

The employment landscape in Raceview shows performance that lags behind national averages across key labour market indicators

Raceview maintains a balanced workforce comprising white and blue collar jobs, with essential services sectors well represented. The unemployment rate stands at 6.1%, while employment has grown by an estimated 4.4% over the past year, according to AreaSearch's aggregation of statistical area data. As of September 2025, 4,816 residents are employed, with an unemployment rate of 2.1% above Greater Brisbane's rate of 4.0%.

Workforce participation in Raceview is lower at 61.0%, compared to Greater Brisbane's 70.7%. Census responses indicate that only 8.8% of residents work from home. Dominant employment sectors include health care & social assistance, retail trade, and manufacturing. Manufacturing is particularly strong, with an employment share 1.5 times the regional level.

Conversely, professional & technical services have a limited presence at 3.4%, compared to the regional average of 8.9%. The area appears to offer limited local employment opportunities, as suggested by the count of Census working population versus resident population. Over the past 12 months, employment has increased by 4.4% while the labour force grew by 3.2%, leading to a fall in unemployment rate of 1.1 percentage points. In comparison, Greater Brisbane recorded employment growth of 3.8%, labour force growth of 3.3%, and a decrease in unemployment of 0.5 percentage points. National employment forecasts from Jobs and Skills Australia, released in May-25, project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Raceview's employment mix suggests local employment should increase by 6.2% over five years and 13.3% over ten years, although these are simple extrapolations for illustrative purposes and do not account for local population projections.

Income levels sit below national averages according to AreaSearch assessment

Raceview's income level is lower than average nationally, according to latest ATO data aggregated by AreaSearch for financial year 2023. The suburb's median income among taxpayers is $52,283 and the average income stands at $58,338, compared to Greater Brisbane's figures of $58,236 and $72,799 respectively. Based on Wage Price Index growth of 9.91% since financial year 2023, current estimates would be approximately $57,464 (median) and $64,119 (average) as of September 2025. Census 2021 income data shows household, family and personal incomes all rank modestly in Raceview, between the 31st and 34th percentiles. The data shows 35.8% of the population (3,827 individuals) fall within the $1,500 - 2,999 income range, reflecting patterns seen in the region where 33.3% similarly occupy this range. Housing affordability pressures are severe, with only 83.5% of income remaining, ranking at the 30th percentile.

Raceview is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

Raceview's dwellings, as per the latest Census, were 82.4% houses and 17.6% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Brisbane metro's 73.5% houses and 26.5% other dwellings. Home ownership in Raceview was 24.8%, with the rest mortgaged (34.1%) or rented (41.1%). The median monthly mortgage repayment was $1,349, below Brisbane metro's average of $1,863. Median weekly rent was $315, compared to Brisbane metro's $380. Nationally, Raceview's mortgage repayments were lower at $1,349 versus Australia's average of $1,863, and rents were substantially below the national figure of $375.

Raceview has a typical household mix, with a fairly typical median household size

Family households constitute 70.1% of all households, including 29.6% couples with children, 23.3% couples without children, and 16.0% single parent families. Non-family households comprise the remaining 29.9%, with lone person households at 26.9% and group households making up 3.0%. The median household size is 2.6 people, aligning with the Greater Brisbane average.

Educational outcomes in Raceview fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment

The area's university qualification rate is 11.9%, significantly lower than Greater Brisbane's average of 30.5%. Bachelor degrees are the most common at 8.8%, followed by postgraduate qualifications (1.6%) and graduate diplomas (1.5%). Vocational credentials are prominent, with 42.0% of residents aged 15+ holding them, including advanced diplomas (9.9%) and certificates (32.1%). Educational participation is high at 30.0%, with 12.0% in primary education, 9.2% in secondary education, and 3.0% pursuing tertiary education.

Educational participation is notably high, with 30.0% of residents currently enrolled in formal education. This includes 12.0% in primary education, 9.2% in secondary education, and 3.0% pursuing tertiary education.

Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Raceview has 30 operational public transport stops, all of which are bus stops. These stops are served by two different routes, offering a total of 252 weekly passenger trips. Transport accessibility in Raceview is rated good, with residents typically living 284 meters from the nearest stop. Most residents commute outwards, with cars being the primary mode of transport at 92%. On average, there are 1.4 vehicles per dwelling. According to the 2021 Census, only 8.8% of residents work from home, which may be influenced by COVID-19 conditions.

The service frequency averages 36 trips per day across all routes, equating to approximately 8 weekly trips per individual stop.

Health performance in Raceview is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts

Raceview faces significant health challenges, as indicated by AreaSearch's assessment of mortality rates and chronic condition prevalence. Multiple health conditions affect both younger and older age groups. Private health cover is relatively low at approximately 50% of the total population (~5,380 people), compared to 55.8% in Greater Brisbane and a national average of 55.7%.

Mental health issues and asthma are the most common medical conditions, affecting 11.2% and 10.3% of residents respectively. Conversely, 60.9% of residents report having no medical ailments, compared to 69.2% in Greater Brisbane. The working-age population experiences notable health challenges due to elevated chronic condition rates. Raceview has a higher proportion of seniors aged 65 and over at 19.3% (2,063 people), compared to 15.2% in Greater Brisbane. Health outcomes among seniors present some challenges, although they align broadly with national rankings for the general population.

Raceview ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Raceview's cultural diversity was found to be below average, with 89.8% of its population being Australian citizens, born in Australia (86.8%), and speaking English only at home (93.2%). Christianity is the predominant religion in Raceview, comprising 51.4% of people, compared to 47.8% across Greater Brisbane. In terms of ancestry, Australians make up the largest group at 30.4%, higher than the regional average of 23.2%.

English ancestry follows at 29.5%, with German at 6.9%. Notably, Samoan ancestry is overrepresented in Raceview at 1.3% compared to 0.9% regionally, while New Zealand and Maori ancestries are present at 1.0% each, matching or slightly below regional averages.

Raceview's population is younger than the national pattern

Raceview's median age is 36 years, equal to Greater Brisbane's but somewhat younger than the national average of 38 years. The 75-84 age group makes up 7.3% of Raceview's population compared to Greater Brisbane, while the 25-34 cohort constitutes 12.5%. Between 2021 and present, the 75-84 age group grew from 5.9% to 7.3%, and the 65-74 cohort increased from 8.2% to 9.5%. Conversely, the 25-34 cohort declined from 14.2% to 12.5%, and the 5-14 group dropped from 15.6% to 14.2%. By 2041, population forecasts indicate significant demographic changes for Raceview. The 75-84 age cohort is projected to rise substantially by 429 people (55%), from 780 to 1,210. Notably, the combined 65+ age groups will account for 79% of total population growth, reflecting the area's aging demographic profile. In contrast, both 15-24 and 0-4 age groups are expected to decrease in numbers.