Suburb Profile Report for Ravenshoe QLD (4888)

Ravenshoe House: Median price $231,000, Annual capital growth 3.86%, Number of sales 15, Weekly median advertised rent N/A

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

If you compare the increase in value of investment property in Ravenshoe, 4888 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 7.44%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ravenshoe has fallen somewhat when compared to the 5 year average annual rate.

The QLD suburb of Ravenshoe, 4888 is in the Tablelands (R) local government area.

Metrics i HOUSE UNIT
$231,000 N/A
7.44% N/A
7.44% N/A
3.86% N/A
N/A N/A
15 N/A
N/A N/A
N/A N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Ravenshoe QLD
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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