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 3.9% and has experienced a 12-month capital growth of Up 14.0%, with a median house buy price of $877,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$770,000
$836,000
$964,000
$877,500
Suburb Market Profile
Last month Ridgehaven had 11 properties available for rent and 17 properties for sale. Median property prices over the last year range from $877,500 for houses to $665,000 for units. If you are looking for an investment property, consider houses in Ridgehaven rent out for $620 PW with an annual rental yield of 3.9% and units rent for $530 PW with a rental yield of 4.3%. Ridgehaven has seen an annual compound growth rate of 14.0% for houses and 17.7% for units.