SA has seen average median house prices change by 3.04% which means that Ridgehaven, 5097 has done well for property investors by showing a capital gain of -9.72% over the last year
If we look at median property appreciation over just the last three months, Ridgehaven has given property investors a paper return of -2.11%. This puts Suburb as 355 on a list of fastest fasting appreciating suburbs in SA
Vendor discounting in Ridgehaven is giving property investors an average Vendor Discount of around -5.28%. This puts suburb at number 280th in SA when ranking the most discounted suburbs.
At number 578 in a list of fastest selling suburbs, Ridgehaven is in the TOP 20% of suburbs in Australia with an average of days on market 51.59 for properties listed there.
Ridgehaven, 5097’s gross rental yield is 5.12%
Ridgehaven is in the bottom 30% in SA when comparing median price capital growth over the last year. Ridgehaven gave property investors a disappointing capital gain figure when compared to the rest of the state, with -5.99%.
A -4.45% growth in median value for property investors in Ridgehaven,5097 puts this suburb at number 53th in terms of best performing suburbs in SA
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.30% offered to property buyers. Sellers in Ridgehaven itself are offering an average vendor discount of -7.56% to real estate investors.