Suburb Profile Report for Ravenswood WA (6208)

Ravenswood House: Median price $385,000, Annual capital growth 8.89%, Number of sales 31, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report

WA has seen average median house prices change by -4.46% which means that Ravenswood, 6208 has not done well for property investors by showing a capital gain of -6.10% over the last year

Taking the average capital gain, or increase in median house value, Ravenswood,6208 has racked up an average of -6.10% over the period. This ranks it number 3491th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Ravenswood 6208 should be seeing an average reduction in asking price of around -9.56% . This means that Ravenswood is holding prices well when compared to other suburbs in WA.

A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.86%, without taking into account capital value appreciation, which has been averaging out at 8.89%.

Metrics i HOUSE UNIT
$385,000 N/A
-1.28% N/A
-6.10% N/A
8.89% N/A
$360 N/A
31 N/A
4.86% N/A
125.58 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 1659
Median household income ($/weekly) 1007
Median age of persons 41
Median housing loan repayment ($/monthly) 2300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 215 13.0
    25-34 years 218 13.1
    45-54 years 176 10.6
    65-74 years 228 13.7
    75-84 years 178 10.7
    Others 644 38.8
    Age Group
    Census Count Percent(%)
    Registered Married 669 57.6
    Not Married 331 28.5
    Defacto Relationship 161 13.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1199 76.8
    New Zealand 16 1.0
    Papua New Guinea 54 3.5
    United Kingdom 255 16.3
    Other 14 0.9
    Others 23 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1082 72.7
    No Religion 392 26.3
    Buddhism 12 0.8
    Other Religious Groups 3 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 93 17.3
    $600-$799 59 10.9
    $800-$999 59 10.9
    $1,500-$1,999 63 11.7
    $2,500-$2,999 56 10.4
    Others 209 38.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 592 48.2
    Employed, worked full-time 381 31.0
    Employed, worked part-time 178 14.5
    Employed, away from work 52 4.2
    Unemployed, looking for work 26 2.1
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 134 22.0
    Community & personal service workers 67 11.0
    Sales 65 10.7
    Machinery operators & drivers 77 12.7
    Labourers 73 12.0
    Others 192 31.6
    Occupation
    Census Count Percent(%)
    Pre-school 23 7.7
    Infants/Primary 154 51.5
    Secondary 69 23.1
    Technical or Further Educational Institution 23 7.7
    University or other Tertiary Institutions 23 7.7
    Others 7 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1441 94.9
    Caravan, cabin, houseboat 30 2.0
    Improvised home, tent, sleepers out 26 1.7
    Semi-detached, row or terrace house, townhouse 16 1.1
    Flat, unit or apartment 5 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 223 37.2
    Fully owned 142 23.7
    Rented 119 19.9
    Other tenure type 115 19.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals