Question 1

Is Ravensthorpe a nice place to live?

Accepted Answer

Ravensthorpe has a compact main street, proximity to Fitzgerald River National Park and a Cultural Precinct with an event stage.

With 580 residents, Ravensthorpe is a community where couples with children and couples without children are the largest family groups and most homes are owner-occupied. Everyday amenity is centred on the town's shops on the main street, a caravan park and basic community facilities including the Ravensthorpe Community Resource Centre, the Ravensthorpe District High School and the Ravensthorpe Health Service, and the Cultural Precinct has officially opened with a stage for events.

Question 2

Is it expensive to live in Ravensthorpe?

Accepted Answer

Renting a house in Ravensthorpe at about $375 a week would take roughly 21% of a typical local household's weekly income, with that income recorded as about $1,769 a week at the last Census. That share sits in the moderate range against local incomes, so if renting is what matters to you this is the most relevant cost-to-income measure from the available figures.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Ravensthorpe a good place to invest?

Accepted Answer

A 3.3% fall in house values is the clearest move for Ravensthorpe in the twelve months to date, while house rents edged up 1.4%. For houses, this means capital value has fallen modestly while rental income has edged up slightly.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	-3.3%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	71	N/A
Average rent Past 12 months	$375	N/A
Change in rent Past 12 months	1.4%	N/A

	Suburb	WA
Median age years	40	38
Median household income weekly	$1,769	$1,815
Couples with children share of families	41.9%	44.6%
Couples without children share of families	41.9%	38.8%
One-parent families share of families	16.2%	15.1%
Homes owned outright share of homes	39.7%	30.2%
Homes with a mortgage share of homes	25.5%	41.4%
Homes rented share of homes	34.8%	28.3%

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