QLD has seen average median house prices change by 2.06% which means that Ravenshoe, 4888 has done well for property investors by showing a capital gain of 19.48% over the last year
Across a shorter period, Ravenshoe, 4888 has seen a median price increase of 10.84% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Ravenshoe is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 78th in terms of most discounted suburbs in QLD
At number 3478 in a list of fastest selling suburbs, Ravenshoe is in the bottom 10% of suburbs in Australia with an average of days on market 137.81 for properties listed there.
Advertised rents are around the $280 mark per week – giving a return of 6.33% based on the median price in Suburb