If you compare the increase in value of investment property in Ravenshoe, 4888 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 7.50%.
Ravenshoe,4888 was ranked 4031 in Australia by increase in median property value over the quarter.
The most recent median price for Ravenshoe is $215000, with sellers offering an average of -11.71% off the asking price.
In the last year 13 properties changed hands in Ravenshoe, which puts it as the 829th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $280 mark per week – giving a return of 6.77% based on the median price in Suburb