Ravenswood is a quiet locality in New South Wales within the Warren local government area (postcode 2824). With a population of 444, the suburb has an older demographic with a median age of 57. Households earn a median income of $48K per year, with an average household size of 2 people. The most common occupations are labourers, managers, machinery operators & drivers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Ravenswood is $33,000, having dropped significantly 78.3% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 47.3%. The median monthly mortgage repayment is $779.
Public transport access includes 5 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Warren LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Ravenswood offers a gross rental yield of 47.3%, rated as high yield. Property prices sit below the state median ($33K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.7x is considered affordable. House prices have moved -78.3% year-on-year.
Ravenswood is a quiet locality in New South Wales within the Warren local government area (postcode 2824). With a population of 444, the suburb has an older demographic with a median age of 57. Households earn a median income of $48K per year, with an average household size of 2 people. The most common occupations are labourers, managers, machinery operators & drivers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Ravenswood is $33,000, having dropped significantly 78.3% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 47.3%. The median monthly mortgage repayment is $779.
Public transport access includes 5 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Warren LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Ravenswood offers a gross rental yield of 47.3%, rated as high yield. Property prices sit below the state median ($33K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.7x is considered affordable. House prices have moved -78.3% year-on-year.