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Ravenswood, VIC 3453
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$845,000
list-price estimate
Median Unit
$690,000
Gross Yield
-
1yr Growth
-
Investment snapshot for Ravenswood
Ravenswood has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Investment score breakdown
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Ravenswood market and investor summary
Ravenswood sits in VIC, postcode 3453. At 12.6% vacancy, it is a softer rental market with more choice for tenants.
Demand is softer at 12.6% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Ravenswood: people, income and schools
Ravenswood has a resident population of roughly 443, and the area has been growing steadily, up about 9% over five years. At a median age of 50, it reads as an older, established demographic, and 93% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $96,000 a year (about $1,840 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 21% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 443
- +9% over 5yr
- Median age
- 50 years
- Median household income
- $96,000/yr
- Households renting
- 4%
- Family households
- 80%
- Socio-economic rank
- 7/10
- ABS advantage index
- Unemployment
- 2.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Ravenswood
View all →Frequently asked questions about Ravenswood
What should I check before investing in Ravenswood?
Ravenswood has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Ravenswood?
The median property price in Ravenswood, VIC 3453 is $690K for units.
How tight is the rental market in Ravenswood?
The current vacancy rate in Ravenswood is 12.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Ravenswood?
Ravenswood has a population of approximately 443 residents, with a median age of 50.
Is Ravenswood's population growing?
The population of Ravenswood has grown about 9% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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