Real Estate Ravenswood Vic 3453

Real Estate Market: Is Ravenswood (Vic.) VIC 3453 a Good Suburb to Buy Into?

Housing Market in Ravenswood (Vic.)

Key Ravenswood (Vic.) Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Bendigo	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$503	Bottom 27%	139% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Ravenswood (Vic.)

Ravenswood (Vic.) Real Estate Investor Report

Sample Graphic

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

Ravenswood (Vic.)

31.5%

Bendigo

33.0%

Compare
Suburbs

Field	Value	VS Bendigo	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	0.9	Bottom 32%	Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	0	Bottom 24%	Data for Feb 2025

Housing Stock Quality in Ravenswood (Vic.)

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Bendigo	Trend
Houses	100.0%	Top 31%	Data for Jan 2021
Average bedrooms - all homes	2.7	Top 30%	8% to Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023

Development Restrictions in Ravenswood (Vic.)

Ravenswood (Vic.) Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Ravenswood (Vic.)

20.5%

Bendigo

27.6%

Compare
Suburbs

Field	Value	VS Bendigo	Trend
Total area	36.0 sq km	Top 28%	Data for Jan 2021
Heritage overlay total area	1.5 sq km	Top 8%	Data for Jun 2023
Residential density	1200 sqm per resident	Bottom 48%	Data for Jan 2021

Risk in Ravenswood (Vic.)

Ravenswood (Vic.) Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Ravenswood (Vic.)

39.8

Bendigo

38.2

Compare
Suburbs

Field	Value	VS Bendigo	Trend
% Owner Occupied	98.1%	Top 24%	Data for May 2023
% Rentals	1.9%	Bottom 24%	Data for May 2023
Housing Affordability Index	33	Top 47%	Data for Jun 2023
Median monthly mortgage	$1,420	Bottom 24%	10% to May 2023
Rent Affordability Index (Houses)	83	Top 23%	Data for Jun 2023
Rent Affordability Index (Units)	79	Top 27%	Data for Jun 2023
Mortgage as a percent of income	24.4%	Top 38%	10% to Jan 2021
Mortgaged Dwellings	46.0%	Top 30%	7% to May 2023

Housing Demand in Ravenswood (Vic.)

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, 2006 - 2030

Ravenswood (Vic.)

52.6%

Bendigo

62.7%

Compare
Suburbs

Field	Value	VS Bendigo	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	11200	Bottom 44%	34% to Dec 2036
Historical Population (SA3)	53600	Bottom 38%	34% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	135000	Top 13%	51% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium

Unit Market in Ravenswood (Vic.)

Ravenswood (Vic.) Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Bendigo	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$364	Bottom 13%	142% to Feb 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	74.7%	Bottom 48%	2% to Feb 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Greater Bendigo

Percent of Renters by Street (22)

Percent of Renters	Street
24.1%	Belvoir Park Rd
0.0%	Beilharz Rd
0.0%	Calder Alternative Hwy
30.0%	Bickfords Rd
0.0%	Buckeye Ln

Turnover Rate by Street (18)

Turnover rate	Street	Turnover Label	Turnover Years	Year
20.0%	Bickfords Rd	very tightly held	Every 50.0 years (very tightly held)	2025
70.0%	Calder Hwy	average turnover	Every 14.3 years (average turnover)	2025
65.0%	Belvoir Park Rd	quite tightly held	Every 15.4 years (quite tightly held)	2025
18.2%	Hilda Dr	very tightly held	Every 55.0 years (very tightly held)	2025
100.0%	Buckeye Ln	high turnover	Every 10.0 years (high turnover)	2025

Planning Applications: Dwellings (1)

Headline	Place	Date
Use and development of land for a dwelling (replacement dwelling) and removal of native vegetation - City of Greater Bendigo DR/226/2023	70 Belvoir Park Road, Ravenswood 3453, VIC	18 Aug 2023

Planning Applications: Other (3)

Headline	Place	Date
Use of land for a Place of Assembly - City of Greater Bendigo DU/471/2022	39 Belvoir Park Road, Ravenswood 3453, VIC	14 Jul 2022
App.Online - Transfer of licence to Company - Victorian Commission for Gambling and Liquor Regulation 67764A02	3 Belvoir Park Rd, Ravenswood 3453, VIC	16 Jul 2021
General Licence - Victorian Commission for Gambling and Liquor Regulation 67764A01	3 Belvoir Park Rd, Ravenswood 3453, VIC	24 Jun 2020

Recently Sold Houses (87)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
45 Ramon Pde	$777,000	3.0	1.0	2.0	30 Jan 2025	On Market
50 Buckeye Ln	$1,350,000	4.0	2.0	3.0	12 Nov 2024	On Market
50 Buckeye Ln	Price Withheld	4.0	2.0	3.0	12 Nov 2024	On Market
50 Buckeye Ln	Price Withheld	4.0	2.0	3.0	28 Oct 2024	On Market
4869 Calder Hwy	$45,000	0.0	0.0	0.0	09 Jul 2024	On Market

Accommodation Options (1)

Name	Address
Ravenswood Homestead	Calder Hwy

Businesses (3)

Name	Address
Bendigo Polished Concrete
Bendigo Polished Concrete
Bendigo Polished Concrete

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Hilda Dr	06 Oct 2023	$908,200
Mcdonalds Ln	06 Oct 2023	$700,000
Ramon Pde	06 Oct 2023	$925,000
Golden Hill Rd	06 Oct 2023	$606,600
Belvoir Park Rd	06 Oct 2023	$1,010,000

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
31 Mcdonalds Ln	$450	2	1	4	31 Oct 2023
31 Mcdonalds Ln	$450	2	1	4	31 Oct 2023
31 Mcdonalds Ln	$450	2	1	4	31 Oct 2023
31 Mcdonalds Ln	$450	2	1	4	31 Oct 2023
31 Mcdonalds Ln	$450	2	1	4	31 Oct 2023

Recently Sold Units (100)

Address	Price	Date sold	Sale Type
4869 Calder Hwy	Price Withheld	09 Jul 2024	On Market
4869 Calder Hwy	Price Withheld	09 Jul 2024	On Market
4869 Calder Hwy	Price Withheld	09 Jul 2024	On Market
4869 Calder Hwy	Price Withheld	09 Jul 2024	On Market
4869 Calder Hwy	Price Withheld	09 Jul 2024	On Market

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