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South Gippsland Shire

Ranceby

Ranceby Property Market
& Suburb Profile

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RANCEBY price TRACKER

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Ranceby Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$512pw

House rental price change

(all agencies, last 12 months)0.01%

Average rental yield for Houses

(all agencies, last 12 months)2.61%

Ranceby total population size

(as at the last census)83

Median household size in Ranceby

(as at the last census)2.7

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

OCCUPANCY in Ranceby

  • Owned 103%
  • Rented 21%
  • Other/Not Stated -24%
  • Singles 28%
  • Families 83%
  • Other 0%

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About Ranceby

Ranceby, located in Victoria’s picturesque South Gippsland region, offers a serene rural lifestyle perfect for families, retirees, and nature lovers. This charming suburb is known for its rolling hills, agricultural landscapes, and close-knit community.

Community and Lifestyle

Ranceby is characterised by its friendly and welcoming community. Residents enjoy a relaxed pace of life, with local events and gatherings fostering a strong sense of togetherness. The area’s natural beauty and rural charm create an ideal setting for a tranquil lifestyle.

Housing and Real Estate

The real estate market in Ranceby features a variety of housing options, including spacious family homes, farmhouses, and lifestyle properties with large land parcels. The suburb's affordability and scenic views attract those seeking a peaceful rural retreat.

Education and Amenities

While Ranceby maintains its rural charm, essential amenities are accessible in nearby towns such as Korumburra and Warragul. These towns provide shopping centres, healthcare facilities, and schools, ensuring residents have access to necessary services while enjoying the tranquility of rural life.

Recreation and Leisure

Outdoor enthusiasts will find plenty to do in Ranceby. The area offers excellent opportunities for hiking, cycling, and exploring nature. The nearby Strzelecki Ranges and various local parks provide beautiful spots for outdoor activities and relaxation. The community’s active sports clubs and social groups further enhance the leisure options available to residents.

Transport and Accessibility

Ranceby is accessible by road, located approximately a 1.5-hour drive from Melbourne. While public transport options are limited, having a private vehicle is beneficial for commuting and exploring the picturesque South Gippsland region.

Demographics and Growth

Ranceby’s small but growing population values the peace and beauty of rural living. The suburb’s appeal is increasing as more people seek the tranquility of the countryside while remaining within reach of urban amenities.

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Ranceby MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20250-no change0$512pw2.61%
20240-no change0$510pw2.62%
20233$1,040,000no change1$491pw2.42%
20220-no change0$472pw2.35%
20214$825,000no change0$456pw2.36%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20250-no change
20240-no change
20233$1,040,000no change
20220-no change
20214$825,000no change

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20250$512pw2.61%
20240$510pw2.62%
20231$491pw2.42%
20220$472pw2.35%
20210$456pw2.36%

PROUDLY SERVICING Ranceby

Barry Plant
Korumburra

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.