Suburb Profile Report for Ravenswood TAS (7250)

Ravenswood House: Median price $139,000, Annual capital growth 0.52%, Number of sales 59, Weekly median advertised rent $230

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

With a capital gain of -2.11% for the last 12 months, Ravenswood, 7250 has performed for property investments than its average annual 0.52% property growth over the last 5 years.

The five-year average increase in median property values for Ravenswood,7250 has given property investors a potential capital gain of -12.58% across each of those five years.

Property buyers and investors in Ravenswood 7250 should be seeing an average reduction in asking price of around -8.13% . This means that Ravenswood is holding prices well when compared to other suburbs in TAS.

Advertised rents are around the $230 mark per week – giving a return of 8.60% based on the median price in Suburb

Metrics i HOUSE UNIT
$139,000 N/A
-6.08% N/A
-2.11% N/A
0.52% N/A
$230 N/A
59 N/A
8.60% N/A
88.08 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 3974
Median household income ($/weekly) 620
Median age of persons 33
Median housing loan repayment ($/monthly) 990
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 627 15.8
    25-34 years 488 12.3
    35-44 years 529 13.3
    45-54 years 433 10.9
    55-64 years 486 12.2
    Others 1411 35.5
    Age Group
    Census Count Percent(%)
    Not Married 1423 52.6
    Registered Married 934 34.5
    Defacto Relationship 347 12.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3442 93.8
    Greece 13 0.4
    Papua New Guinea 30 0.8
    United Kingdom 80 2.2
    Other 33 0.9
    Others 70 1.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 9 0.3
    Christianity 2148 62.6
    Islam 14 0.4
    Other Religious Groups 23 0.7
    No Religion 1231 35.9
    Others 7 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 122 9.0
    $300-$399 219 16.2
    $400-$599 272 20.1
    $600-$799 224 16.5
    $1,000-$1,249 138 10.2
    Others 379 28.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1395 50.7
    Employed, worked full-time 575 20.9
    Employed, worked part-time 458 16.6
    Unemployed, looking for work 222 8.1
    Employed, away from work 104 3.8
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 152 13.4
    Community & personal service workers 147 13.0
    Sales 134 11.8
    Machinery operators & drivers 165 14.6
    Labourers 282 24.9
    Others 254 22.4
    Occupation
    Census Count Percent(%)
    Pre-school 46 5.4
    Infants/Primary 386 45.3
    Secondary 237 27.8
    Technical or Further Educational Institution 122 14.3
    University or other Tertiary Institutions 43 5.0
    Others 19 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3339 89.6
    Flat, unit or apartment 213 5.7
    Semi-detached, row or terrace house, townhouse 171 4.6
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 765 51.3
    Being purchased 406 27.2
    Fully owned 318 21.3
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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