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 › Hilltop Ave
3
Bedrooms
1
Bathrooms
4
Car spaces
725 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Ridgehaven (last 5 years) with land size have a median of $1,235/m² of land (n=38). 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.
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 Ray White NorwoodA fantastic opportunity to purchase an ideal investment or development opportunity (STCC). With plans already drawn up for future subdivision and a current lease in place for $370 per week, all the hard work is already done.
The home is set on an established 725 sqm allotment (18.29m x 39.6m) with plans already drawn up for a future subdivision of 2 allotments and ready to pass onto the new owner by the current owners (363sqm & 362sqm allotments with 9.2m Frontages - Refer to Site Plan)
This delightful home is full of character and charm, and offers all the basic features to live a comfortable and convenient lifestyle. Situated in a superb location, just a short stroll to the shops, local schools, and public transport and with gorgeous views of the hills out the back.
Make sure you add this one to your list of 'must view' opportunities!
The tenants are fantastic and would love to stay long term, so if a hassle free investment with plans to develop in the future is your goal, then this is the one for you!
FEATURES INCLUDE:
* 2 good sized bedrooms with built in robes
* 3rd bedroom/office
* Huge family/lounge room
* Updated bathroom
* Ducted cooling throughout, plus reverse cycle split system
* Pergola/gazebo, paved entertaining area in back yard
* Gorgeous views of the hills
* Mature fruit trees
* Security lights front/back of house
* New gutters and restored roof tiles
* Garage/Shed plus 3-4 car driveway
* Under house storage (full width/breadth of house)
* Underground cellar
* 725 sqm of land (approx.)
* Built in 1974 (approx.)
* Tenanted at $370/week
Quality local schools that are zoned to this address are below:
(All distances are approximate)
* Ridgehaven Primary School - 900m.
* Redwood Park Primary School - 900m.
* St David's Parish School - 2.5km.
* Tea Tree Gully Primary School - 2.5km.
* Banksia Park High School - 2.5km.
* TAFE SA, TTG Campus - 2.2km.
* Golden Grove High, Pedare Christian School, and Gleeson College - 4.4km.
Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Norwood RLA 278530
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Ray White Norwood/Grange are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details:
Council | City of Tea Tree Gully
Land | 725sqm(Approx.)
House | TBCsqm(Approx.)
Built | 1974
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Listing description written by Jonathon Covino, Ray White Norwood — reproduced as published, not verified by Districts.