The Ravenswood property market recorded a median dwelling price of $835,000, up 24.4% over 12 months. However, only one sale was recorded during September, so the monthly result should be interpreted cautiously.
There were 11 properties listed for sale and the median selling period was 40 days.
The Ravenswood rental market recorded a median rent of $650 per week, with two properties leased and a median leasing period of 28 days.
What This Means
Low transaction volumes can cause Ravenswood house price statistics to move significantly from month to month. Buyers have relatively limited stock, while investors should consider longer-term rental information alongside September’s small sample.
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