Ravenswood

Ravenswood, VIC 3453 is a small suburb with a population of 443 residents. The demographic is diverse, with a mix of age groups represented, and a notable number of residents working in managerial, professional, and technician/tradeworker occupations. The median weekly household income is relatively high at $1,837, indicating a stable economic base within the community. The suburb offers a mix of commuting options, with a significant portion of residents working from home. With a low sale price IQR ratio for houses and a consistent population growth over the past years, Ravenswood presents a potential opportunity for property investors looking to enter the market. The median growth rate for houses is positive, suggesting a stable market with potential for long-term value appreciation. Ravenswood, VIC 3453 is a suburb characterised by a diverse population, high median household income, and good growth prospects for property investors. With a focus on houses, investors may find opportunities for long-term capital growth in this stable and growing community. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022