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Investment Property Ridgehaven, SA, 5097

Suburb Snapshot

Ridgehaven is a suburb in the Tea Tree Gully Region of South Australia. Ridgehaven has a population of 4,008 people and 23.37% of its occupants live in rental accommodation. The median listing price for houses is $690,000 and this has changed 15.19% over the past year and changed 17.94% over 2 years.

The median rent in Ridgehaven for houses is $580 per week and the median rental yield is 4.37%. Stock on the market for houses/townhouses has changed 81.82% compared to last year and the average time to sell a house/townhouse is 43 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 42 days to sell and the median rent for a unit in Ridgehaven is NA per week, producing a rental yield of NA.

Supply & Demand in Ridgehaven, Tea Tree Gully

0.72%

Current vacancy rate


15

Rental stock available


4,008

Population


23.37%

Rental population


0.35%

Current vacancy rate


151

Rental stock available


97,734

Population


18.67%

Rental population


0.50%

Current vacancy rate


4,460

Rental stock available


1,676,654

Population


25.08%

Rental population


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Statistical data for Ridgehaven, Tea Tree Gully

  House Townhouses Units
Median listing price $690,000 NA NA
Median price change - last quarter 6.23% NA NA
Median price change - 1 year 15.19% NA NA
Median price change - 2 years 17.94% NA NA
  House Townhouses Units
Median weekly rent $580 NA NA
Median yield % 4.37% NA NA
Median rent change - 1 year 10.47% NA NA
  House Units
Previous month sales 7 4
Stock on market previous month 20 3
Stock variance vs. last year 81.82% -25.00%
Average days on market 43 42

Ridgehaven investment property listings

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