Ridgehaven at a glance
4,293
People
$900,000
Median sale
$582/wk
Median rent
3.36%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Ridgehaven › Milne Rd
$838,000
Last sold
23 July 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
665 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$838,000
23 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Ridgehaven (last 5 years) with land size have a median of $1,210/m² of land (n=37). Districts calculation from recorded sales — not a valuation.
Ridgehaven at a glance
4,293
People
$900,000
Median sale
$582/wk
Median rent
3.36%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Ridgehaven
-6.9%
Median sale
Suburb $900,000
+0.25 pp
Gross yield
Suburb 3.36%
Suburb median $900,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $582/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Ridgehaven at a glance
4,293
People
$900,000
Median sale
$582/wk
Median rent
3.36%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate NorthThe open inspection on Saturday the 26th of July at 11am is now cancelled. We apologise for the inconvenience.
Tom Dunstan & Harris Real Estate are proud to present 497 Milne Road, Ridgehaven. A much-loved family home hitting the market for the very first time. Set on a generous 665sqm (approx.) corner allotment, this spacious and light-filled residence offers a rare opportunity to secure a timeless classic in one of the north-east's most convenient and established pockets. With multiple living zones, a versatile floorplan, and plenty of room both inside and out, this is a home that's ready to be enjoyed for years to come.
As you enter through the leafy front yard and step inside, you're greeted by a spacious formal lounge area that flows through a timber partition into the adjoining dining space. Expansive windows frame lush garden views, allowing an abundance of natural light to fill the room and immediately setting a warm and inviting tone that carries throughout the home.
Centrally positioned, the well-appointed kitchen features ample bench space, a built-in pantry, and functional design, seamlessly connecting to the meals area and spacious family room. With sun-drenched living zones and room for everyone, this layout is perfect for families or those who love to entertain.
The generous master suite enjoys views over the tranquil front garden and is complete with a walk-in robe and a private ensuite for added comfort. Bedrooms two and three each include built-in robes, while the bonus study which is larger than most, offers excellent flexibility as a home office, hobby room or potential fourth bedroom.
Outside, the side entry provides access to a double carport with an electric roller door, while two pitched-roof verandahs create fantastic spaces for entertaining or relaxing in the fresh air. With two additional sheds, a well-established garden, and the perks of a spacious corner allotment, 497 Milne Road is a rare and rewarding find in a sought-after location.
What we love;
- Split System air-conditioning through out
- Great sized study that has potential as a nursery or 4th bedroom
- 2 large living areas
- Security shutters on both front windows
- Corner allotment with side access
- Lots of natural light throughout
- 2 pitched roof verandahs
- Lush, established gardens create a peaceful and natural setting
Feel free to reach out to Tom Dunstan on 0433 594 835 for further information or to schedule a private inspection.
Ridgehaven offers the perfect blend of suburban comfort and convenience, with leafy streets, quality schools, and an easy-going lifestyle. Just minutes from Tea Tree Plaza, public transport including the O-Bahn, and a range of parks and walking trails, it's a location that caters to families, professionals, and downsizers alike.
Specifications:
CT / 5621/870
Council / Tea Tree Gully
Zoning / GN
Built / 1990
Land / 665m2 (approx)
Emergency Services Levy / $155.10pa
SA Water / $197.35pq
Estimated rental assessment $600 - $650 per week/ Written rental assessment can be provided upon request
Nearby Schools / Ridgehaven P.S, Redwood Park P.S, Tea Tree Gully P.S, Banksia Park School R-6, St Agnes School P-6, Banksia Park International H.S, The Heights School, Golden Grove H.S
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 330069
Listing description written by Tom Dunstan, Harris Real Estate North — reproduced as published, not verified by Districts.