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Real Estate Market: Is Ravenhall VIC 3023 a Good Suburb to Buy Into?

Housing Supply in Ravenhall
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Field Value VS Melbourne Trend
220 Bottom 44% 86% to Jun 2023
0.9 Bottom 32% Data for Jul 2023
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7 lots Bottom 49% 12% to May 2023
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0 Bottom 24% to 0 to Jan 2024
Housing Stock Quality in Ravenhall
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023
Field Value VS Melbourne Trend
100.0% Top 31% Data for Jan 2021
1.2 Bottom 5% to Jan 2021
7.3% Top 16% Data for Jun 2023
Development Restrictions in Ravenhall
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Field Value VS Melbourne Trend
0.0 sq km Bottom 18% Data for Jun 2023
Risk in Ravenhall
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Field Value VS Melbourne Trend
100.0% Top 11% Data for May 2023
0.0% Bottom 11% Data for May 2023
40 Top 29% Data for Jun 2023
$997 Bottom 9% 31% to May 2023
77 Bottom 39% Data for Jun 2023
72 Bottom 26% Data for Jun 2023
59.3% Top 1% to Jan 2021
0.0% Bottom 1% Data for May 2023
Unit Market in Ravenhall
Field Value VS Melbourne Trend
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$807 Top 1% 6% to Sep 2023
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180.0% Top 1% 56% to Mar 2020
Housing Market in Ravenhall
Sources: Property Listings and Microburbs, 2006 - 2023
Field Value VS Melbourne Trend
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$808 Top 1% 43% to Aug 2018
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Housing Demand in Ravenhall
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030
Field Value VS Melbourne Trend
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Recent Rental House Listings (40)
Recent Rental Unit Listings (40)
Recently Sold Houses (2)
Recently Sold Units (2)
Turnover Rate by Street (29)
LGA Details (1)
Percent of Renters by Street (30)
Planning Applications: Other (1)
Planning Applications: Dwellings (1)
Businesses (100)
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Nearby Suburbs