RIDGEHAVEN, 5097 ranks 1098th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 10.84% 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 $368,000.
The upward trend in home prices in RIDGEHAVEN, 5097 averaged 2.48% per annum over a 3-year period.
Average weekly rents on listings have reached the $330 mark, reflecting a 4.66% increase in returns based on the current median price in RIDGEHAVEN.
An average of 6 real estate transactions take place per month in RIDGEHAVEN which translates to 72 per annum.
72 properties were sold in RIDGEHAVEN in 2016, making it the 47th most active market in SA based on total real estate transactions.
RIDGEHAVEN, 5097 places 200th in Australia based on median property value growth during the quarter.
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 $294,500.
Average median unit prices in SA have risen as a whole, pulling RIDGEHAVEN, 5097 values up and netting property investors a capital gain of 14.81% for the past year.
Investors saw the median home price rise to $294,500.
The upward trend in home prices in RIDGEHAVEN, 5097 averaged 6.73% per annum over a 3-year period.
RIDGEHAVEN now ranks at the 4th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in RIDGEHAVEN are high, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $280 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In RIDGEHAVEN, homes and units usually stay on listing for an average of 109.0 days.
20 properties were sold in RIDGEHAVEN in 2016, making it the 110th most active market in SA based on total real estate transactions.
No Grounds is hardly a trump card. It is...
This revision is very tardy. It is three...
It seems that the pendulum is now...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal