Ravenswood vs Newstead

Ravenswood (median $350,000) is roughly 47% cheaper to buy into than Newstead ($665,000).

Buying in Ravenswood or Newstead?

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Ravenswood and Newstead side by side

MeasureRavenswoodNewstead
Price and market
Median house$350,000$665,000
Median unit$205,920$420,000
Renting
House rent$285/wk$285/wk
Unit rent$242/wk$242/wk
Schools
Schools nearby2020
Average ICSEA9991003
Lifestyle and people
Walk score1220
Transit score00
Bike score4075
Climate
Annual rainfall805 mm677 mm
Mean max, January23.4°C24.5°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 (12/100 vs 20/100 ), 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).

Ravenswood vs Newstead: common questions

Is Ravenswood or Newstead 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 Ravenswood or Newstead 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, Ravenswood or Newstead?

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, Ravenswood or Newstead?

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.