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

Housing Market in Ravenhall
Sources: Property Listings and Microburbs, 2006 - 2023
Field Value VS Melbourne Trend
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$808 Top 1% 32% to Aug 2018
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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
0 Bottom 44% to 0 to Jul 2024
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 26% to 0 to Jul 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 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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LGA Details (1)
Median Unit Sale Prices by Street (3)
Turnover Rate by Street (29)
Planning Applications: Other (8)
Planning Applications: Dwellings (1)
Percent of Renters by Street (30)
Businesses (100)
Recently Sold Units (100)
Recent Rental Unit Listings (40)
Recent Rental House Listings (40)
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