Suburb Profile Report for Ravenhall VIC (3023)

Ravenhall House: Median price $382,184, Annual capital growth -14.32%, Number of sales 12, Weekly median advertised rent $250

Ravenhall Unit: Median price $320,650, Annual capital growth -10.31%, Number of sales 10, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3998th in the list of Australian suburbs ordered by increase in median house value over the last year, Ravenhall, 3023 is in the BOTTOM 10% with a property value increase of -14.32% recorded in median house prices.

Renters in Suburb are facing rents around $3000 per annum or $250 every week.

Investment property in Ravenhall has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.31%

Metrics i HOUSE UNIT
$382,184 $320,650
-5.39% 34.02%
-14.32% -10.31%
-14.32% -10.31%
$250 N/A
12 10
3.40% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 911
Median household income ($/weekly) 0
Median age of persons 34
Median housing loan repayment ($/monthly) 0
Average household size 0
  • Census Count Percent(%)
    15-19 years 36 4.0
    20-24 years 123 13.5
    25-34 years 322 35.3
    35-44 years 258 28.3
    45-54 years 120 13.2
    Others 52 5.7
    Age Group
    Census Count Percent(%)
    Registered Married 0 NaN
    Defacto Relationship 0 NaN
    Not Married 0 NaN
    Social Marital Status
  • Census Count Percent(%)
    Australia 615 67.5
    Iraq 48 5.3
    Papua New Guinea 19 2.1
    Viet Nam 87 9.5
    Other 44 4.8
    Others 98 10.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 0 NaN
    Christianity 0 NaN
    Hinduism 0 NaN
    Islam 0 NaN
    Judaism 0 NaN
    Others 0 NaN
    Religious Affiliation
  • Census Count Percent(%)
    Negative/Nil income 0 NaN
    $1-$199 0 NaN
    $200-$299 0 NaN
    $300-$399 0 NaN
    $400-$599 0 NaN
    Others 0 NaN
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 911 100.0
    Employed, worked full-time 0 0.0
    Employed, worked part-time 0 0.0
    Employed, away from work 0 0.0
    Unemployed, looking for work 0 0.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 0 NaN
    Professionals 0 NaN
    Technicians & trades workers 0 NaN
    Community & personal service workers 0 NaN
    Clerical & administrative workers 0 NaN
    Others 0 NaN
    Occupation
    Census Count Percent(%)
    Pre-school 0 NaN
    Infants/Primary 0 NaN
    Secondary 0 NaN
    Technical or Further Educational Institution 0 NaN
    University or other Tertiary Institutions 0 NaN
    Others 0 NaN
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 0 NaN
    Semi-detached, row or terrace house, townhouse 0 NaN
    Flat, unit or apartment 0 NaN
    Caravan, cabin, houseboat 0 NaN
    Improvised home, tent, sleepers out 0 NaN
    Others 0 NaN
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 0 NaN
    Being purchased 0 NaN
    Rented 0 NaN
    Other tenure type 0 NaN
    Tenure Type
Census 2011, ABS
Chart Table
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