Over the last year, property investments in Ridgehaven, 5097 have given investors a capital gain of -7.13%. This compares very badly with the 3.22% for SA as a whole.
The five-year average increase in median property values for Ridgehaven,5097 has given property investors a potential capital gain of 8.85% across each of those five years.
The most recent median price for Ridgehaven is $332000, with sellers offering an average of -4.55% off the asking price.
With the median price for a house in Ridgehaven being $332000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 5.17%
Property value increases in Ridgehaven have tracked lower than the SA average of 4.44% over the last 12 months.
Vendor discounting in Ridgehaven is giving property investors an average Vendor Discount of around -6.67%. This puts suburb at number 54th in SA when ranking the most discounted suburbs.
Residents and property investors in Ridgehaven have been waiting around 79.86 days to sell a property.
Property investors should expect to get $275 weekly from the median priced house in this suburb.