Ridgehaven

POSTAL CODE: SA, 5097
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RIDGEHAVEN, 5097 ranks 1488th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 14.94% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $885,000.

The upward trend in home prices in RIDGEHAVEN, 5097 averaged 13.87% per annum over a 3-year period.

Average weekly rents on listings have reached the $612.5 mark, reflecting a 3.6% increase in returns based on the current median price in RIDGEHAVEN.

An average of 6.58 real estate transactions take place per month in RIDGEHAVEN which translates to 79 per annum.

79 properties were sold in RIDGEHAVEN in 2016, making it the 33rd most active market in SA based on total real estate transactions.

RIDGEHAVEN, 5097 places 47th in Australia based on median property value growth during the quarter.

Surburb overview

Ridgehaven, located approximately 18 kilometres northeast of Adelaide’s central business district, is a quiet, family-friendly suburb within the City of Tea Tree Gully. With a population of around 3,000 residents, Ridgehaven offers a suburban lifestyle with easy access to essential amenities and green spaces. The area is particularly popular with families, professionals, and retirees due to its proximity to schools, parks, and shopping centres.

Public transportation options in Ridgehaven are convenient, with several bus routes connecting the suburb to surrounding areas and Adelaide’s CBD. The nearby Tea Tree Plaza Interchange provides access to the O-Bahn busway, offering a fast and efficient route to the city. Many residents also rely on private vehicles for commuting, with major roads such as North East Road providing easy access to the broader metropolitan area.

Ridgehaven is well-served by essential amenities. Tea Tree Plaza, one of Adelaide’s largest shopping centres, is just a short drive away and offers a wide range of retail stores, supermarkets, cafes, and entertainment options, including cinemas. The suburb is home to several schools, including Ridgehaven Primary School, and nearby educational institutions such as Banksia Park International High School cater to older students. Healthcare services are available at the nearby Modbury Hospital and local medical clinics, ensuring residents have access to comprehensive medical care.

Recreational activities in Ridgehaven are plentiful, with numerous parks and reserves offering spaces for outdoor activities. The popular Modbury Sports and Community Club provides facilities for various sports, while the surrounding green spaces, including the Tea Tree Gully Recreation Park and Anstey Hill Recreation Park, offer walking trails and opportunities for nature exploration. Ridgehaven’s leafy streets, family-friendly environment, and access to essential services make it a desirable location for those seeking a balanced suburban lifestyle close to both nature and urban conveniences.

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