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%