Free market report · Data to July 2026

Ravensthorpe property market

Ravensthorpe is one of the 453 council areas we track on the Momentum Dial, our property clock. This page is the plain-numbers read: where it sits in the cycle, who lives there, what's being built, and the suburbs inside it.

Ravensthorpe is home to 2,309 people. On the Buyers First Momentum Dial its house market currently reads at Peak. The number that matters most here: population is compounding at +2.7% a year. People arriving is the rawest form of housing demand. Here's the rest of the picture, in plain numbers.

Houses · cycle position

Peak

The Ravensthorpe house market is growing at its fastest pace in the current cycle. That is a momentum reading, not a crash call: markets can sit at peak growth for a long time before easing.

-4% to +17%

Modelled 12-month price range

+0.4%

Modelled 12-month rent change

Units · cycle position

Not enough unit sales in Ravensthorpe for a reliable cycle reading. That's common outside the cities, and honest beats guessed.

At a glance · houses

$417,817

Typical house, August 2026

+1.2% a year since 2010

+4.4%

Growth a year, last 10 years

+10.7% a year over the last 5

$424

Rent a week

5.3% gross yield

10 of 15

Years prices fell since 2010

Worst: 2016, -11%

The clock measures growth momentum, not price. Peak means growing fastest, not about to fall. Cycle data and projections sourced from HtAG Analytics. See Ravensthorpe on the clock.

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Want all of this written up for Ravensthorpe?

The full report is this data as a written document, plus the current price, rent, yield and growth on one suburb inside Ravensthorpe, and the numbers that cut against the area. I write them by hand, so it comes from me rather than out of a system.

Leave your details and I'll get in touch about it myself, by email or phone, usually within one business day. It comes from dan@buyersfirstagency.com.au, and it lands in junk more often than it should, so check there if you don't see it. You'll also go on the Market Pulse mailing list, one email a month on where the market is actually heading. Unsubscribe whenever you like, and I never pass your details to anyone else.

The numbers, explained

Ravensthorpe in charts.

The typical house in Ravensthorpe went from $342,469 in 2010 to $417,817 in August 2026. That is +22% in total, +1.2% a year. It went backwards 7 years in a row at one point. Any market can have a bad year. The ones that stack them are the ones that hurt, and this is the number we weigh most.

Houses · price change each year · 2011 to 2026

Prices in Ravensthorpe fell in 10 of the last 15 years

Watch this
-7.3% '11 -3.9% '12 '13 -2.5% '14 -4.3% 2015 -10.5% '16 -3.6% '17 -9.8% '18 -2.9% '19 -1.7% 2020 18.7% '21 '22 -0.9% '23 '24 2025 16.1% '26 ytd

+22%

Since 2010

+4.4%

Per year, last 10 years

10 of 15

Years going backwards

-10.5%

Worst year (2016)

What this shows. How much the typical house price in Ravensthorpe went up or down each year. Teal bars are up years, red bars are down years, and the faded bar is this year so far.

Why it matters. The size of a good year matters less than how many bad years there were and whether they came in a row. Boring? Absolutely. But the length of the down stretch is what decides whether you get out the other side. Typical price at December each year, data from HtAG Analytics.

You don't need to know property to read this. Every chart below opens with the point in one line, then says what it shows and why we care. Teal is a good sign, amber is okay, red means watch it.

The scorecard · 7 things we check

Ravensthorpe scores 28 out of 35. Strong.

Good sign
Cycle 2Down years 1Supply 5People 5Jobs 5Affordability 5Rentals 5 5 = best
Where it is in the cycle

prices are rising as fast as they will this cycle, so the easy money has been made

Years prices fell since 2010

10 of 15 years

New homes being built

0.0 new homes approved per 100 that exist

People moving in

population growing 2.7% a year

Jobs

1.6% unemployed, Australia 4.2%

Can locals afford it

a house costs 4.1 years of a local household's income

Empty rentals

0.7% of rentals are empty, so about 1 in every 100

What this shows. Seven quick checks on Ravensthorpe, each scored out of five. Five is the reading we most want to see.

Why it matters. No single number tells you whether an area is a good buy. Together they show whether the pieces line up. These are bands, not rules: a council outside a band can still be the right buy for the right person, and one inside every band can still be wrong for you.

House prices since 2010 · Ravensthorpe vs the 5 most similar councils in WA

Ravensthorpe has outgrown similar councils over ten years

Good sign
$110k $221k $331k $441k Ravensthorpe $360k 20102012201420162018202020222024
RavensthorpeSimilar councils (middle of 5)

+10.7% vs +4.4%

A year, last 5 years

+4.4% vs +1.8%

A year, last 10 years

+1.5% vs +2.7%

A year, last 15 years

What this shows. The typical house price in Ravensthorpe every year, in teal, next to the middle of the five councils in WA closest to it in size and starting price: Moora, Boyup Brook, Kojonup, Wagin, Boddington. The small "vs" number in each tile is those councils.

Why it matters. Beating its peers over a whole decade is worth more than any single hot year. It usually means something real is pulling people here.

Momentum · the last 36 months

Prices in Ravensthorpe are picking up speed right now

Good sign
$263k $345k $427k 0 15 sold September '23March '24September '24March '25September '25March '26
Last 3 months' priceLast 12 months' priceHouses sold each month

$414,346

3-month price, August 2026

+8.4%

3-month price vs 12-month price

81 vs 93

Houses sold, last 12 months vs the 12 before

What this shows. Two versions of the same price. The dotted teal line averages the last three months, so it reacts fast. The grey line averages the last twelve, so it moves slowly. The bars are how many houses sold each month.

Why it matters. The last three months are running ahead of the last twelve. That is what speeding up looks like before it shows in the yearly number.

New homes · approvals as a share of all the homes here

Not many new homes are being built in Ravensthorpe

Good sign
balanced · 1.5% to 3% a year above this, a lot of building 1% 2% 3% 4% 5% 0.1% FY24 · 1 approved 0.0% FY25 · 0 approved 0.0% FY26 · 0 approved · now

What this shows. For every 100 homes already in Ravensthorpe, how many new ones the council approved each year. The teal band is the range we call balanced.

Why it matters. Fewer new homes means the ones that exist stay in demand. It can also mean building here is hard or slow, which cuts the same way. The home count is the population divided by the average household size, so treat the rate as a guide rather than a census.

Affordability · house price in years of local household income

A house in Ravensthorpe costs 4.1 years of a local family's income

Good sign
expensive · over 8 years stretched · 6 to 8 years affordable · under 6 years 3.6 2016 3.4 2017 3.0 2018 2.8 2019 2.6 2020 3.0 2021 3.1 2022 3.0 2023 3.3 2024 3.6 2025 4.1 2026 so far

What this shows. Take the typical house price and divide it by what a typical household here earns in a year. A bar of 7 means seven years of the whole household's income buys one house.

Why it matters. Affordable by Australian standards. There is room for prices to move before the locals get priced out, and locals are the steadiest buyers a market has. Income is the 2021 Census figure carried forward at 3.5% a year, so it is an estimate, not a measurement.

Rents · typical weekly house rent, last 36 months · and how many rentals sit empty

Rent in Ravensthorpe is $424 a week, up 3.4% in a year

Good sign
$358 $405 $453 $424 a week now September '23March '24September '24March '25September '25March '26

$424

A week, August 2026

+3.4%

Change in the last year

0.7%

Rentals sitting empty (tight)

What this shows. What a typical house in Ravensthorpe rents for each week, month by month. The empty-rentals number is the share of rental homes with nobody in them: under 1.5% is tight, over 3% means tenants have plenty of choice.

Why it matters. Rents rising faster than inflation means more people want to live here than there are homes to rent. That pressure eventually shows up in prices.

Rental yield · a year of rent as a share of the price, Ravensthorpe vs similar councils

Rent covers 5.3% of the price each year in Ravensthorpe

3.8% 6.5% 9.1% 202120232025
RavensthorpeSimilar councils

What this shows. Yield is simple: a whole year of rent divided by the house price. A $500,000 house renting for $500 a week earns $26,000 a year, which is a 5.2% yield.

Why it matters. About the same as similar councils. Rent and price are in proportion. We don't buy on yield alone and we never set a yield cut-off; it is one piece of the picture, next to growth.

The people

Who lives in Ravensthorpe.

The population has grown +2.7% a year over the last five years, which is quick by national standards. Interesting mix underneath: locals have been leaving on net (-5 over three years) while overseas migration more than filled the gap (57). Worth understanding who is arriving and what housing they need. The median age is 42 and the median household brings in $1,655 a week (Census 2021). 52% of households own or are paying off their home. Owner-occupier markets like this tend to hold their nerve through the cycle, because nobody is forced to sell an address they live at.

Population · ABS estimates 2015 to 2025

Ravensthorpe is growing fast: 2,309 people, up +2.7% a year

Good sign
1,906 2,309 201520202025

2,309

People, 2025

+2.7% vs +1.5%

A year, last 5 years · typical WA council

+1.9%

A year, last 10 years

Why it matters. People arriving is the rawest form of housing demand. Every new household needs somewhere to live before anything else happens.

Where the growth came from · last 3 years

Overseas arrivals are doing the heavy lifting in Ravensthorpe: 57 in three years

Okay
Births minus deaths
+45
Moved from elsewhere in Australia
-5
Moved from overseas
+57

Net change: +97 people over three years.

What this shows. Three ways a place gains or loses people: babies born minus people who died, people who moved here from another part of Australia, and people who arrived from overseas. Bars to the right add people, bars to the left take them away.

Why it matters. Overseas arrivals usually rent first, so this kind of growth shows up in rents before it shows up in prices.

Age and households · Census 2021

Ravensthorpe is about the same age as the typical WA council: median age 42

Typical age
Median age 42 vs 42
People per household 2.2 vs 2.4

Ravensthorpe Typical WA council (middle of 103)

Why it matters. A mixed-age area has demand for most housing types, which makes it easier to sell to whoever the next buyer is.

Income and who owns the homes · Census 2021

Most homes in Ravensthorpe are owner-occupied: 52% own or are paying off, 28% rent

Owner market
Household income a week $1,655 +12% vs typical
Who lives in the homes 52% own · 28% rent

Own or paying off Renting Other

Why it matters. Owner-occupier markets hold their nerve through the cycle, because nobody is forced to sell the address they live at.

New supply

What's being approved to build.

0 dwellings were approved in FY26. Approvals have been roughly steady year to year.

Homes approved · ABS, by financial year

Not much new is being built in Ravensthorpe: 0 homes approved in FY26

Good sign
FY24
1
FY25
0
FY26
0

Houses Units, townhouses and other

0

Homes approved, FY26

n/a

Of them houses

0.0%

New homes per 100 that exist

What this shows. How many new homes the council approved each financial year, split into houses and everything else. Approved is not built, but it is the earliest warning of supply on the way.

Why it matters. When little gets built, the homes already here do not have much competition. Good for prices, as long as people keep arriving.

Non-residential building approved · ABS

$385k of non-residential building was approved in Ravensthorpe in FY26

Okay
FY24
$0k
FY25
$0k
FY26
$385k

Government projects All non-residential

$385k

All sectors, FY26

$0k

Government, FY26

$0k

Schools and health, last 3 years

What this shows. The dollar value of shops, offices, schools, hospitals and other non-home buildings approved each year. The darker bar is the government's share.

Why it matters. Governments build where they expect people. Schools and hospitals are the most honest signal they give about where families are heading. For the named projects behind these numbers, ask for the full report.

Jobs

Who's working in Ravensthorpe.

Work here runs on mining (27% of jobs), ahead of agriculture and public administration. That first number deserves attention: when a quarter of the jobs sit in one industry, the property market inherits that industry's fortunes, good and bad. Unemployment sits at 1.6%, comfortably under the national 4.2%.

Jobs · SALM, March 2026

1,264 residents of Ravensthorpe are in work

Okay

1,264

Residents in work

1.6% vs 4.2%

Unemployed · Australia

n/a

Jobs change, 5 years

Unemployment rate 1.6% vs 3.4% typical WA council

Ravensthorpe Australia

Why it matters. Employment is close to flat, so housing demand here leans on other drivers: lifestyle, retirees, or people commuting out.

Who employs people here · Census 2021

Mining is the biggest employer in Ravensthorpe, 27% of jobs

Advantage 7 of 10
Mining
27%
Agriculture
22%
Public administration
6%
Education and training
6%
Health care and social assistance
6%

What this shows. The five industries that employ the most residents, as a share of all jobs. The pill is the ABS advantage score: Ravensthorpe sits in decile 7 of 10 nationally, where 10 is the most advantaged.

Why it matters. One industry carrying a fifth or more of the jobs is a concentration risk. If it wobbles, the whole town feels it.

The outlook

Is Ravensthorpe worth buying into?

Put the drivers together and the case for Ravensthorpe is: a population that keeps growing, new supply thinning out. Against that, weigh heavy reliance on mining. None of this guarantees anything. It tells you where to look harder, which is what a report like this is for.

Free · Written by hand · One per person

This page is the public data. The full report is that written up as a document, plus the current price, rent, yield and growth on one suburb inside Ravensthorpe. One per person.

Name, email and phone. I write these by hand, one per person, and the conversation afterwards is the only thing the report costs.

Leave your details and I'll get in touch about it myself, by email or phone, usually within one business day. It comes from dan@buyersfirstagency.com.au, and it lands in junk more often than it should, so check there if you don't see it. You'll also go on the Market Pulse mailing list, one email a month on where the market is actually heading. Unsubscribe whenever you like, and I never pass your details to anyone else.

Inside the LGA

The suburbs of Ravensthorpe.

Next step. See what's for sale in Ravensthorpe on realestate.com.au or Domain. Then send me the address before you make an offer. That is the part the data cannot do.

All 6 suburbs and localities in Ravensthorpe

Fitzgerald · Hopetoun · Jerdacuttup · Munglinup · Ravensthorpe · West River

Free · Written by hand · One per person

Want the full workup on Ravensthorpe?

This page is the public data. The full report is the written workup: current price, rent, gross yield and vacancy, growth over 1, 3, 5 and 10 years, days on market and demand, and the supply coming down the pipe, for Ravensthorpe or any suburb in it. Same data we run for clients. I pull it and email it through, usually within a business day. One per person, no charge, and no 14-part email sequence afterwards. All I ask is that if it lands, you take the fifteen minute call at the end of it.

Name, email and phone. I write these by hand, one per person, and the conversation afterwards is the only thing the report costs.

Leave your details and I'll get in touch about it myself, by email or phone, usually within one business day. It comes from dan@buyersfirstagency.com.au, and it lands in junk more often than it should, so check there if you don't see it. You'll also go on the Market Pulse mailing list, one email a month on where the market is actually heading. Unsubscribe whenever you like, and I never pass your details to anyone else.

Keep comparing

Markets of a similar size in WA.

A council only makes sense in context. These are the WA markets closest to Ravensthorpe in population, each with its own written report.

General information only, not financial or investment advice. Cycle positions and projections are modelled LGA-level figures to July 2026, sourced from HtAG Analytics. Population and approvals are ABS estimates; employment is SALM smoothed data; income, age and tenure are Census 2021. None of it can see street quality, flood maps, zoning or the contract, which is where deals are actually won and lost. Get advice on your own situation before acting.

Data finds the area. It doesn't buy the house.

We narrow 15,000 suburbs to the top 5 for each client, then find the street and the property. If Ravensthorpe is on your list, that's a conversation worth having early.

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