Ravenswood continues to appeal to buyers seeking a semi-rural lifestyle with proximity to both Mandurah and Pinjarra. Positioned along the Murray River, the suburb offers a mix of lifestyle properties and family homes, attracting both owner-occupiers and investors.
Sales
There were 4 property sales recorded, with the median dwelling price reaching $740,000, reflecting 13.2% growth year-on-year. While transaction volumes remain relatively low, pricing continues to trend upward.
Listings
At the end of February there were 3 properties listed for sale, representing a significant 62.5% decrease compared to the same time last year, highlighting very tight supply.
Land
Land activity remains limited, with a median land price of $285,000 and minimal transactions recorded during the period.
Sales Time on Market
Homes sold in a median of 9 days, indicating strong buyer demand despite lower transaction volumes.
Rentals
There were 5 rental properties leased, with the median rent sitting at $625 per week, reflecting steady rental growth.
Rentals Time on Market
Rental properties leased in a median of 21 days, demonstrating consistent tenant demand across the suburb.
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