Newstead vs Ravenswood
Ravenswood (median $350,000) is roughly 47% cheaper to buy into than Newstead ($665,000).
Buying in Newstead or Ravenswood?
Selling in Newstead? The free selling guide
Newstead and Ravenswood side by side
| Measure | Newstead | Ravenswood |
|---|---|---|
| Price and market | ||
| Median house | $665,000 | $350,000 |
| Median unit | $420,000 | $205,920 |
| Renting | ||
| House rent | $285/wk | $285/wk |
| Unit rent | $242/wk | $242/wk |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1003 | 999 |
| Lifestyle and people | ||
| Walk score | 20 | 12 |
| Transit score | 0 | 0 |
| Bike score | 75 | 40 |
| Climate | ||
| Annual rainfall | 677 mm | 805 mm |
| Mean max, January | 24.5°C | 23.4°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Newstead scores higher on walkability (20/100 vs 12/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Newstead (1003) sits above Ravenswood (999).
- For buyers
- Ravenswood is the lower entry point at $350,000 median, 47% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Ravenswood offers the higher gross rental yield (4.23% vs 2.23%), favouring cash-flow investors.
- For families
- Newstead edges out on average school ICSEA (1003 vs 999).
Newstead vs Ravenswood: common questions
Is Newstead or Ravenswood cheaper to buy in?
Ravenswood has the lower median house price at $350,000, roughly 47% below Newstead ($665,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Newstead or Ravenswood have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Newstead scores 1003 vs 999 in Ravenswood. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Newstead or Ravenswood?
Newstead scores 20/100 on walkability vs 12/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Newstead or Ravenswood?
Gross rental yield on houses is 4.23% in Ravenswood vs 2.23% in Newstead. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
Keep comparing
The two suburbs
Compare Newstead with
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