Ravenswood

POSTAL CODE: WA, 6208
HOUSE

RAVENSWOOD, 6208 ranks 707th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 20.55% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $792,000.

The upward trend in home prices in RAVENSWOOD, 6208 averaged 24.94% per annum over a 3-year period.

Average weekly rents on listings have reached the $620 mark, reflecting a 4.07% increase in returns based on the current median price in RAVENSWOOD.

An average of 5.75 real estate transactions take place per month in RAVENSWOOD which translates to 69 per annum.

69 properties were sold in RAVENSWOOD in 2016, making it the 96th most active market in WA based on total real estate transactions.

RAVENSWOOD, 6208 places 211th in Australia based on median property value growth during the quarter.

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