Suburb Profile Report for Ravenshoe QLD (4888)

Ravenshoe House: Median price $220,000, Annual capital growth 0.64%, Number of sales 15, Weekly median advertised rent $268

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Investment property in Ravenshoe has done pretty 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 -4.35%

Taking the average capital gain, or increase in median house value, Ravenshoe,4888 has racked up an average of -4.35% over the period. This ranks it number 3365th in the whole country for real estate investors looking at median house price increases.

Property investors should expect to get $267.5 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$220,000 N/A
6.02% N/A
-4.35% N/A
0.64% N/A
$268 N/A
15 N/A
6.32% N/A
N/A N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Below average (H), Below average (U)
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Demographics
Total population 1441
Median household income ($/weekly) 661
Median age of persons 43
Median housing loan repayment ($/monthly) 1083
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 236 16.4
    35-44 years 184 12.8
    45-54 years 189 13.1
    55-64 years 233 16.1
    65-74 years 183 12.7
    Others 418 29.0
    Age Group
    Census Count Percent(%)
    Not Married 421 43.7
    Registered Married 401 41.6
    Defacto Relationship 142 14.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1192 89.3
    Greece 11 0.8
    Papua New Guinea 31 2.3
    United Kingdom 50 3.7
    Other 27 2.0
    Others 24 1.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 21 1.7
    Christianity 777 63.0
    Islam 3 0.2
    Other Religious Groups 15 1.2
    No Religion 415 33.6
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 82 17.5
    $400-$599 84 17.9
    $600-$799 69 14.7
    $800-$999 48 10.2
    $1,000-$1,249 35 7.5
    Others 151 32.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 560 53.7
    Employed, worked full-time 240 23.0
    Employed, worked part-time 178 17.1
    Unemployed, looking for work 42 4.0
    Employed, away from work 23 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 61 13.9
    Technicians & trades workers 62 14.1
    Clerical & administrative workers 55 12.5
    Machinery operators & drivers 61 13.9
    Labourers 61 13.9
    Others 139 31.7
    Occupation
    Census Count Percent(%)
    Pre-school 11 3.9
    Infants/Primary 147 52.3
    Secondary 81 28.8
    University or other Tertiary Institutions 14 5.0
    Other type of educational institution 18 6.4
    Others 10 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1219 93.9
    Flat, unit or apartment 36 2.8
    Caravan, cabin, houseboat 20 1.5
    House or flat attached to a shop, office 19 1.5
    Semi-detached, row or terrace house, townhouse 4 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 253 46.6
    Rented 165 30.4
    Being purchased 121 22.3
    Other tenure type 4 0.7
    Tenure Type
Census 2011, ABS
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