90 Ravenswood RoadRavenswood TAS 7250
Property Details for 90 Ravenswood Rd, Ravenswood
90 Ravenswood Rd, Ravenswood is a 1 bedroom, 1 bathroom House with 6 parking spaces and was built in 1974. The property has a land size of 921m2 and floor size of 275m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Last Listing description (October 2020)
**** Virtual Inspection Available ****
New to the market is this low maintenance block of 6 x 1 bedroom units, just a short 5 minutes drive to Launceston's CBD.
Currently generating $1070 per week in rent this is a great return for your investment.
Four of the six units have been fully renovated and if you were to renovate the final two there is potential for these units to have and income of $1200 per week in today's market, a return on your investment of 8.91%.
All units have the same floor plan, a carport and all have a brand new hard wired smoke alarm and ceiling insulation.
For more information phone me today.
Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
Property History for 90 Ravenswood Rd, Ravenswood, TAS 7250
- 25 May 2020Sold for $610,000
- 10 Mar 2020Listed for Sale $700,000
- 24 Jan 2017Sold for $361,000
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About Ravenswood 7250
The size of Ravenswood is approximately 10.2 square kilometres. It has 6 parks covering nearly 8.7% of total area. The population of Ravenswood in 2016 was 3625 people. By 2021 the population was 3804 showing a population growth of 4.9% in the area during that time. The predominant age group in Ravenswood is 20-29 years. Households in Ravenswood are primarily single parents and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Ravenswood work in a labourer occupation.In 2021, 47.60% of the homes in Ravenswood were owner-occupied compared with 47.10% in 2016.
Ravenswood has 1,576 properties. Over the last 5 years, Houses in Ravenswood have seen a 88.91% increase in median value, while Units have seen a 162.23% increase. As at 30 November 2025:
- The median value for Houses in Ravenswood is $406,920 while the median value for Units is $345,098.
- Houses have a median rent of $420 while Units have a median rent of $300.
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