Ravenswood vs Surveyors Bay
Property investment comparison - Ravenswood, TAS 7250 vs Surveyors Bay, TAS 7116
Head-to-head across core investment metrics: Ravenswood wins 3, Surveyors Bay wins 0. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Ravenswood | Surveyors Bay |
|---|---|---|
| Median house price | $470K | $475K |
| Median unit price | - | $485K |
| Gross rental yield (houses) | 5.00% | 4.04% |
| Gross rental yield (units) | - | 2.48% |
| 1-year house growth | +20.2%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.5% | 1.0% |
| Population | 3,804 | 56 |
Ravenswood vs Surveyors Bay: what the numbers say
The median house price is $470K in Ravenswood and $475K in Surveyors Bay, so Ravenswood is the cheaper entry point, with Surveyors Bay houses about 1% dearer.
On cash flow, Ravenswood leads: houses there return a gross rental yield of 5.00%, compared with 4.04% in Surveyors Bay, a gap of 0.96 percentage points.
Rental vacancy is 0.5% in Ravenswood and 1.0% in Surveyors Bay, so landlords in Ravenswood face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Ravenswood is the bigger suburb, with a population of 3,804 against 56, roughly 68 times the size of Surveyors Bay; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Ravenswood for rental income, Ravenswood for a lower purchase price, Ravenswood for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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