RIDGEHAVEN 5097
State: SAPosiProp AI Investment Summary
RIDGEHAVEN (SA 5097) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.8% and has experienced a 12-month capital growth of Up 11.0%, with a median house buy price of $832,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$780,000
$807,500
$910,000
$832,000
Suburb Market Profile
Last month Ridgehaven had 14 properties available for rent and 19 properties for sale. Median property prices over the last year range from $832,000 for houses to $620,000 for units. If you are looking for an investment property, consider houses in Ridgehaven rent out for $600 PW with an annual rental yield of 3.8% and units rent for $500 PW with a rental yield of 4.3%. Ridgehaven has seen an annual compound growth rate of 11.0% for houses and 17.0% for units.