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Ravenswood

Suburb Profile

Ravenswood - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6208

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Based on its average 5-year and quarterly capital gains, the suburb saw average decrease 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 $357,500.

The downward trend in home prices in RAVENSWOOD, 6208 averaged -1.56% per annum over a 3-year period.

Average weekly rents on listings have reached the $340 mark, reflecting a 4.95% increase in returns based on the current median price in RAVENSWOOD.

An average of 3.17 real estate transactions take place per month in RAVENSWOOD which translates to 38 per annum.

38 properties were sold in RAVENSWOOD in 2016, making it the 186th most active market in WA based on total real estate transactions.

RAVENSWOOD, 6208 places 378th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $357,500 N/A
GROWTH REPORT
Median Quarterly -4.67% N/A
Median 12 month 5.15% N/A
Median 3 years -4.67% N/A
Median 5 years -10.4% N/A
10 years average annual -0.12% N/A
Weekly media advert. rent $340 N/A
Time on Market 106.0 days N/A
Gross Rental Yield Percent 4.95% N/A
demographics (median values)
Total Population
832
Weekly Household Income
613.4
Household Size
2.20
demographics
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