43 Faulkner Rd, Ravenswood is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1969. The property has a land size of 845m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
For the first home buyer or the smart investor, this is an amazing opportunity to get into the market. The home is situated on a large 845m2 flat block of land. Inside the home we have 3 generous sized bedrooms with a separate toilet and laundry. The main bedroom and living area is north facing with beautiful all day sun. Heated with a wood heater. There is also two powered sheds in the backyard, take advantage of the current government grants and utilise the large block and create extra income with the Ancillary Dwelling grant. (STCA) There is a supermarket, takeaway, fuel station and public transport only a few moments away. Currently tenanted at $235 pw until Feb 2022.
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 2011 was 3,974 people. By 2016 the population was 3,604 showing a population decline of 9.3% in the area during that time. The predominant age group in Ravenswood is 0-9 years. Households in Ravenswood are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ravenswood work in a labourer occupation. In 2011, 47.2% of the homes in Ravenswood were owner-occupied compared with 47.1% in 2016.
Ravenswood has 1,565 properties. Over the last 5 years, Houses in Ravenswood have seen a 88.24% increase in median value, while Units have seen a 97.65% increase. As at 31 October 2024:
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