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 ABS population updates and AreaSearch validation, as of November 2025, the Raceview statistical area (Lv2) had an estimated population of around 10,676. This reflected a growth of 977 people since the 2021 Census, which reported a population of 9,699. The increase was inferred from AreaSearch's estimation of 10,648 residents following examination of ABS's latest ERP data release in June 2024 and validation of 334 new addresses since the Census date. This resulted in a density ratio of 1,806 persons per square kilometer, above national averages assessed by AreaSearch. The Raceview (SA2) saw a 10.1% growth since the 2021 census, exceeding the national average of 9.7%. Interstate migration contributed approximately 49.0% to overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered and years post-2032, Queensland State Government's SA2 area projections released in 2023 based on 2021 data are used. However, these state projections lack age category splits, so AreaSearch applies proportional growth weightings aligned with ABS Greater Capital Region projections released in 2023 based on 2022 data for each age cohort. Considering projected demographic shifts, the Raceview (SA2) is expected to grow by approximately 962 persons to reach a total population of around 11,638 by 2041, reflecting an increase of about 6.9% over the 17-year period.

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

AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, shows Raceview has experienced around 70 dwellings receiving development approval each year over the past five financial years, totalling an estimated 352 homes. So far in FY-26, five approvals have been recorded. On average, 1.6 new residents arrive per new home built annually between FY-21 and FY-25, indicating a balanced supply and demand market with stable conditions. The average construction cost value of new homes is $440,000, suggesting a focus on the premium segment with upmarket properties.

This financial year has seen $10.0 million in commercial development approvals, reflecting steady commercial investment activity. Compared to Greater Brisbane, Raceview has around two-thirds the rate of new dwelling approvals per person and ranks among the 81st percentile nationally. New development consists of 25% detached dwellings and 75% attached dwellings, appealing to downsizers, investors, and entry-level buyers, marking a notable shift from the area's existing housing composition (currently 82% houses). With around 133 people per approval, Raceview reflects an area experiencing development growth. According to AreaSearch's latest quarterly estimate, Raceview is expected to grow by 732 residents through to 2041.

At current development rates, new housing supply should comfortably meet demand, potentially supporting population growth beyond current projections.

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

Changes to local infrastructure significantly affect an area's performance. AreaSearch has identified 14 projects that may impact the area. Key projects include Monterea Land Holdings' Monterea Estate, Raceview Rise, Scenic Views Estate Brassall, and Cross Street Kerb and Channel Rehabilitation, as listed below with those of most relevance detailed further.

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 has a balanced workforce with white and blue collar jobs. Key sectors include health care & social assistance, retail trade, and manufacturing.

The area specializes in manufacturing, with employment share 1.5 times the regional level. Professional & technical services have limited presence at 3.4%, compared to 8.9% regionally. As of September 2025, unemployment rate is 6.1%. Employment growth over the past year was estimated at 4.4%.

Residents in work totaled 4,827 with an unemployment rate of 6.3%, 2.1% above Greater Brisbane's rate of 4.0%. Workforce participation lags at 59.0% compared to Greater Brisbane's 64.5%. The area offers limited local employment opportunities as indicated by Census data. Over a 12-month period ending September 2025, employment increased by 4.4%, labour force by 3.2%, reducing unemployment by 1.1 percentage points. In comparison, Greater Brisbane saw employment growth of 3.8% and unemployment fall by 0.5%. State-level data to November 25 shows Queensland employment contracted by 0.01%, with the state unemployment rate at 4.2%. National employment forecasts from May-25 project a 6.6% increase 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, though this is a simple extrapolation for illustrative purposes only.

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. Median income among taxpayers in Raceview is $52,283, with an average of $58,338. Greater Brisbane has median and average incomes of $58,236 and $72,799 respectively. Based on Wage Price Index growth of 9.91% since financial year 2023, estimated current incomes as of September 2025 are approximately $57,464 (median) and $64,119 (average). Census 2021 income data shows household, family, and personal incomes rank modestly in Raceview, between the 31st and 34th percentiles. Data indicates 35.8% of population (3,822 individuals) fall within $1,500 - $2,999 income range, reflecting regional patterns 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 above-average rates of outright home ownership

Raceview's dwelling structure, as per the latest Census, consisted of 82.4% houses and 17.6% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Brisbane metro's 88.4% houses and 11.6% other dwellings. Home ownership in Raceview was at 24.8%, similar to Brisbane metro, with the rest either mortgaged (34.1%) or rented (41.1%). The median monthly mortgage repayment was $1,349, below Brisbane metro's average of $1,517. Median weekly rent in Raceview was $315, compared to Brisbane metro's $300. Nationally, Raceview's mortgage repayments were lower at $1,349 versus the Australian 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 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 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 prevalent, with 42.0% of residents aged 15+ holding such qualifications - advanced diplomas at 9.9% and certificates at 32.1%. Educational participation is 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 active public transport stops, all of which are bus stops. There are two different bus routes serving these stops, together offering 252 weekly passenger trips. The accessibility of the transport system in Raceview is rated as good, with residents typically located 284 meters away from the nearest stop.

On average, there are 36 trips per day across all routes, which equates to approximately 8 weekly trips per individual 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 showing varied impacts on both younger and older residents. Private health cover is relatively low at approximately 50%, covering roughly half of the total population (around 5,372 people), compared to the national average of 55.7%.

The most prevalent medical conditions are mental health issues affecting 11.2% of residents and asthma impacting 10.3%. Conversely, 60.9% of residents report being free from medical ailments, slightly lower than the Greater Brisbane figure of 62.2%. Raceview has a higher proportion of seniors aged 65 and over at 18.5%, with approximately 1,975 people falling into this age category, compared to 15.3% in Greater Brisbane. Health outcomes among seniors broadly align with the general population's health profile.

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, 86.8% born in Australia, and 93.2% speaking English only at home. Christianity was the main religion in Raceview, comprising 51.4% of people, compared to 49.5% across Greater Brisbane. The top three ancestry groups were Australian (30.4%), English (29.5%), and German (6.9%).

Notably, Samoan representation was higher at 1.3%, New Zealand was at 1.0%, and Maori was also at 1.0%, compared to their regional percentages of 0.9% each.

Raceview's population is younger than the national pattern

Raceview's median age is 35 years, nearly matching Greater Brisbane's average of 36 years, but somewhat 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 the present day, the 75 to 84 age group has grown from 5.9% to 6.9% of Raceview's population, while the 25 to 34 age group has declined from 14.2% to 13.1%. By 2041, forecasts indicate substantial demographic changes in Raceview. The 75 to 84 age group is projected to grow by 65%, adding 478 residents and reaching a total of 1,215. Residents aged 65 and above are expected to drive 78% of population growth, highlighting the trend of demographic aging. Conversely, population declines are projected for the 15 to 24 and 0 to 4 age groups.