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Ridgley

POSTAL CODE: TAS, 7321
HOUSE
RIDGLEY ranks 157th in TAS when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 10.75% for the past year is higher than average compared to its 0% growth within a five-year period.

Also in RIDGLEY, the median home price is sitting at $541,000, and the average rent at N/A, this suggests property owners could potentially earn a N/A increase in gross rental yield.

Property investors have seen a 9.85% gain in RIDGLEY based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on RIDGLEY, 7321 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 10.75%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.09% growth over a ten-year period. It ranks 3395th on our list of suburbs that property investors should look into.

Surburb overview

Ridgley is a charming rural suburb located approximately 15 kilometres south of Burnie, Tasmania. Known for its picturesque landscapes and serene environment, Ridgley offers a peaceful country lifestyle while still being within easy reach of urban amenities.

The population of Ridgley is around 800 residents, according to the latest census data. The suburb features a diverse demographic mix, including families, professionals, and retirees.

Ridgley falls under the jurisdiction of the Burnie City Council. Public transportation options are limited, and most residents rely on personal vehicles for commuting and travel. However, the suburb's proximity to Burnie ensures that essential services and amenities are easily accessible.

In terms of education, Ridgley is home to the Ridgley Primary School, which serves the local community and surrounding areas. For secondary education, students typically travel to nearby Burnie, where several high schools and colleges are available, including Burnie High School and Hellyer College.

Ridgley is well-served by a range of nearby establishments and amenities. For shopping and everyday needs, residents often visit Burnie, which offers a variety of retail stores, supermarkets, cafes, and restaurants. Additionally, the suburb has local conveniences such as a general store and a post office, catering to daily necessities.

The suburb is known for its natural beauty and outdoor recreational opportunities. The surrounding countryside provides ample space for activities such as hiking, cycling, and horse riding. The nearby Emu Valley Rhododendron Garden is a popular destination, featuring beautiful gardens, walking trails, and picnic areas. This attraction is well-loved by both locals and visitors for its stunning floral displays and tranquil setting.

Ridgley also has several parks and green spaces, providing residents with opportunities for outdoor activities and relaxation. The Ridgley Recreation Ground is a central hub for community events and sports, featuring facilities for cricket, football, and other activities.

The community spirit in Ridgley is strong, with various local events and activities organised throughout the year. These events help foster a sense of belonging and provide residents with opportunities to engage and socialise. The suburb's rural setting and friendly community make it an ideal location for families and individuals seeking a peaceful and supportive environment.

Ridgley's combination of rural tranquillity and proximity to Burnie makes it an attractive location for a wide range of residents. Its scenic landscapes, coupled with the availability of quality schools, shopping centres, and recreational facilities, enhance its appeal as a prime residential suburb. The suburb's vibrant community spirit and natural beauty further contribute to its charm and desirability.

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