SA has seen average median house prices change by 3.22% which means that Ridgehaven, 5097 has done well for property investors by showing a capital gain of 1.45% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ridgehaven has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ridgehaven, 5097. Typically our figures indicate that -5.79% is being offered, which puts this SA suburb at 1835th most discounted overall in Australia.
In the last year 76 properties changed hands in Ridgehaven, which puts it as the 102th most active market in SA when comparing the number of sales per suburb.
The SA suburb of Ridgehaven, 5097 is in the Tea Tree Gully local government area.
Property investors who have had real estate in Ridgehaven, 5097 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.98%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ridgehaven has fallen somewhat when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -8.11% to buyers in Ridgehaven at the moment, which is less than average for the rest of SA.
Property investors should expect to get $270 weekly from the median priced house in this suburb.