Raceview

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

The population of Raceview, as estimated by AreaSearch based on ABS updates and new addresses validated since the Census, is around 10,728 as of November 2025. This figure reflects an increase of 1,029 people (10.6%) since the 2021 Census, which reported a population of 9,699 people in the suburb. The increase is inferred from AreaSearch's estimated resident population of 10,697 following examination of the latest ERP data release by the ABS in June 2024 and an additional 334 validated new addresses since the Census date. This results in a population density ratio of 1,815 persons per square kilometer, which is higher than the average seen across national locations assessed by AreaSearch. Raceview's growth rate of 10.6% since the 2021 census exceeded both the national average (8.9%) and the state average, positioning it as a growth leader in the region. Interstate migration contributed approximately 49.0% of overall population gains during recent periods, with all drivers including overseas migration and natural growth being positive factors.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 using 2022 as the base year. For areas not covered by this data and years post-2032, Queensland State Government's SA2 area projections released in 2023 based on 2021 data are adopted. However, these state projections do not provide age category splits, so AreaSearch applies proportional growth weightings in line with the ABS Greater Capital Region projections for each age cohort, released in 2023 using 2022 data as the base year. Considering projected demographic shifts, a population increase just below the median of statistical areas across the nation is expected for Raceview. Based on aggregated SA2-level projections, the suburb is expected to grow by 965 persons to reach a total population of approximately 11,693 by the year 2041, reflecting an overall increase of 6.4% over the 17-year period.

AreaSearch assessment of residential development activity positions Raceview among the top 25% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers shows Raceview has received around 70 dwelling approvals per year over the past five financial years, totalling approximately 351 homes. As of FY26, two approvals have been recorded. On average, 1.6 new residents arrive annually with each new home built between FY21 and FY25, indicating a balanced supply-demand market supporting stable conditions. Average construction cost per dwelling is $440,000, aligning with broader regional development trends.

This financial year has seen $5.5 million in commercial development approvals, suggesting limited commercial focus relative to residential development. Compared to Greater Brisbane, Raceview has around two-thirds the rate of new dwelling approvals per person and ranks among the 81st percentile nationally for areas assessed by AreaSearch. New developments consist of 23.0% detached dwellings and 77.0% attached dwellings, marking a shift from the area's existing housing composition (currently 82.0% houses). This trend reflects decreasing availability of developable sites and changing lifestyles requiring more diverse, affordable housing options. Raceview has an approval-to-person ratio of around 129 people per approval, indicating it is a developing area.

According to AreaSearch's latest quarterly estimate, the area is expected to grow by 683 residents through to 2041. If current development rates continue, new housing supply should comfortably meet demand, providing favourable conditions for buyers and potentially supporting growth beyond current population projections.

Raceview has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

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

AreaSearch analysis reveals Raceview recording weaker employment conditions than most comparable areas nationwide

Raceview has a mixed workforce with both white and blue collar jobs, with essential services well represented. The unemployment rate is 6.4%, based on AreaSearch's statistical area data aggregation up to June 2025.

As of this date, 4713 residents are employed while the unemployment rate stands at 2.3% higher than Greater Brisbane's rate of 4.1%. Workforce participation is lower at 59.0%, compared to Greater Brisbane's 64.5%. Key employment sectors include health care & social assistance, retail trade, and manufacturing. Manufacturing particularly dominates 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 based on Census working population versus resident population data. Over the past year, ending June 2025, employment increased by 0.3%, labour force grew by 0.1%, leading to a fall in unemployment rate by 0.2 percentage points. In comparison, Greater Brisbane recorded higher growth rates and a larger drop in unemployment during the same period. Jobs and Skills Australia's national employment forecasts from Sep-22 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Raceview's current employment mix suggests local employment should increase by approximately 6.2% over five years and 13.3% over ten years, though these are simple extrapolations for illustrative purposes only and do not account for potential localized population changes.

Income levels sit below national averages according to AreaSearch assessment

Raceview's median income among taxpayers in financial year 2022 was $52,306. The average income stood at $58,361 during the same period. In Greater Brisbane, these figures were $55,645 and $70,520 respectively. By September 2025, estimates suggest Raceview's median income will be approximately $59,624 and average income around $66,526, based on a Wage Price Index growth of 13.99% since financial year 2022. According to Census 2021 data, incomes in Raceview ranked modestly, between the 31st and 34th percentiles for household, family, and personal incomes. Specifically, 35.8% of the population (3,840 individuals) fell within the $1,500 - $2,999 income range, similar to the regional pattern where 33.3% occupied this range. Housing affordability pressures were severe in Raceview, with only 83.5% of income remaining, ranking at the 30th percentile.

Raceview is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Raceview's dwelling structure, as per the latest Census, comprised 82.4% houses and 17.6% other dwellings (semi-detached, apartments, 'other' dwellings). Brisbane metro had 88.4% houses and 11.6% other dwellings. Home ownership in Raceview was 24.8%, with mortgaged dwellings at 34.1% and rented at 41.1%. The median monthly mortgage repayment was $1,349, below Brisbane metro's $1,517 and the national average of $1,863. Median weekly rent in Raceview was $315, compared to Brisbane metro's $300 and the national figure of $375.

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

Family households account for 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 constitute the remaining 29.9%, with lone person households at 26.9% and group households comprising 3.0%. The median household size is 2.6 people, which aligns 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 the Greater Brisbane average of 30.5%. Bachelor degrees are most common at 8.8%, followed by postgraduate qualifications (1.6%) and graduate diplomas (1.5%). Vocational credentials are prevalent, with 42.0% of residents aged 15+ holding such qualifications - advanced diplomas (9.9%) and certificates (32.1%). Educational participation is high, with 30.0% currently enrolled in formal education: primary (12.0%), secondary (9.2%), and tertiary (3.0%).

Bethany Lutheran Primary School and Raceview State School serve a total of 1,090 students, reflecting typical Australian school conditions (ICSEA: 998). Both schools focus on primary education; secondary options are available nearby. The area has 10.2 school places per 100 residents, lower than the regional average (17.9), indicating some students may attend schools in adjacent areas.

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

Transport analysis shows 30 active stops in Raceview offering mixed bus services. These are covered by two routes, giving 371 weekly passenger trips. Accessibility is rated good, with residents typically 284 meters from nearest stop.

Average daily trips across all routes is 53, equating to about 12 weekly trips per stop.

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

Raceview faces significant health challenges, as indicated by data from the area.

A variety of health conditions impact both younger and older residents. Approximately half (around 50%) of Raceview's total population (~5,399 people) have private health cover. Mental health issues and asthma are the most prevalent conditions, affecting 11.2% and 10.3% of residents respectively. About two-thirds (60.9%) of residents report no medical ailments, compared to 62.2% in Greater Brisbane. The area has a higher proportion of seniors aged 65 and over at 18.4% (1,973 people), compared to the 15.3% in Greater Brisbane. Health outcomes among seniors are broadly similar to those of 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 and 86.8% born in Australia. The majority, 93.2%, spoke English only at home. Christianity was the predominant religion, comprising 51.4% of Raceview's population, slightly higher than Greater Brisbane's 49.5%.

In terms of ancestry, Australians made up 30.4% of Raceview's population, followed by English at 29.5%, and German at 6.9%. Notably, Samoan ethnicity was overrepresented in Raceview at 1.3%, compared to the regional average of 0.9%. New Zealanders and Maori also had similar representation in Raceview at 1.0% each, mirroring their regional percentages.

Raceview's population is younger than the national pattern

Raceview's median age is 35 years, closely matching Greater Brisbane's average of 36 years, but slightly younger than Australia's average of 38 years. Compared to Greater Brisbane, Raceview has a higher proportion of residents aged 5-14 (14.6%) but fewer residents aged 25-34 (13.1%). Between the 2021 Census and present, the 75-84 age group has increased from 5.9% to 6.9% of Raceview's population, while the 25-34 age group has decreased from 14.2% to 13.1%. By 2041, Raceview's population is projected to see significant demographic shifts. The 75-84 age group is expected to grow by 64%, adding 476 residents to reach a total of 1,217. Residents aged 65 and above will drive 78% of the population growth, indicating a trend towards an aging demographic. Conversely, populations in the 15-24 and 0-4 age groups are projected to decline.