Suburb Profile Report for Ravenhall VIC (3023)

Ravenhall Unit: Median price $183,150, Annual capital growth 7.49%, Number of sales 12, Weekly median advertised rent $520

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

Ravenhall is in the bottom 10% in VIC when comparing median price capital growth over the last year. Ravenhall gave property investors a dismal capital gain figure when compared to the rest of the state, with -49.34%.

While Ravenhall,3023 ranked number 24th in VIC for increase in median house value (annualised) increase, it is ranked 338th over the last 5 years.

In the last year 12 properties changed hands in Ravenhall, which puts it as the 364th most active market in VIC when comparing the number of sales per suburb.

With the median price for a house in Ravenhall being $183150 and the advertised rent reaching $520 the gross rental yield for property investors calculates out to be 14.76%

Metrics i HOUSE UNIT
N/A $183,150
N/A 8.82%
N/A -49.34%
N/A 7.49%
N/A $520
N/A 12
N/A 14.76%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Ravenhall VIC
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
Recent sales & rentals