Located in Western Australia within the Murray local government area, Ravenswood is a smaller residential area (postcode 6208). With a population of 2,483, the suburb has an established family demographic with a median age of 41. Households earn a median income of $66K per year, with an average household size of 2.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.9% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, machinery operators & drivers, community & personal service. Employment in the area leans toward mining and healthcare. The top ancestries reported are English, Australian, Scottish.
The median house price in Ravenswood is $776,000, having jumped by 18.7% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,733.
Public transport access includes 23 bus stops.
On the investment side, Ravenswood shows a gross rental yield of approximately 3.9%, rated as moderate yield. Property prices are near the state median ($776K/$1.0M). The price-to-income ratio of 11.7x is considered stretched. House prices have moved +18.7% year-on-year. Population growth of +3.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.