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 › View St
$686,000
Last sold
21 Oct 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
724 m²
Land
149 m²
Building
Districts View
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
$686,000
21 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Ridgehaven (last 5 years) with land size have a median of $1,260/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
-23.8%
Median sale
Suburb $900,000
+1.05 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
UnknownArea
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 Eclipse Real EstateAuction Location: Onsite
Auction, onsite 12.00pm the 21st October 2023, unless sold prior.
Say hello to an outstanding opportunity in the heart of Adelaide's North East. This residence, positioned on a substantial 724 sqm allotment, may appear modest in its current state state, yet it shines as a development gem in a sought-after location only 2 minutes from Westfield Tea Tree Plaza .
Nestled within the vibrant North Eastern suburb of Ridgehaven, this property provides the ideal canvas for your vision. Inside, you'll find three bedrooms, a functional bathroom, as well as a practical lounge room and kitchen area, that with some elbow grease and the renovators cap on would rejuvenate the home allowing for continued rental revenue while land banking.
What truly gets us excited is the existing Planning Approval for three single-storey, Torrens Titled homes, taking advantage of the Housing Diversity Zoning. Whether you're eager to kickstart your next development project for resale or expand your investment portfolio by holding and renting out these residences in a highly desirable location, the possibilities are brimming with potential.
The nearby Westfield Tea Tree Plaza puts everything you need within easy reach, from major retailers like Woolworths, Myer, Aldi, Big W, and more. Schools, parks, and recreational facilities, such as Waterworld are also abundant, with Civic Park just a short stroll away and Modbury School a mere 7-minute walk for an effortless morning commute, plus also zoned within the highly sought after Heights School in Modbury. Plus, the nearby Tea Tree Plaza Interchange offers swift access to the Obahn for a speedy ride into the city, ensuring urban amenities are always at your fingertips.
Plans available on request - reach out today...
Check me out;
- Ideal development opportunity, situated on a spacious 724 sqm allotment
- Existing Planning Approval for three single-storey, Torrens Titled homes
- Three spacious bedrooms
- Light-filled lounge and kitchen
- Main bathroom with built-in bath and separate water closet
- Lockup shed
- Superb location, just a stones throw to Westfield Tea Tree Plaza
- A short stroll to peaceful Civic Park
Specifications:
CT // 5819/372
Council // Tea Tree Gully
Land // 724 sqm
Frontage // 19.81m
Nearby Schools // Modbury School, Redwood Park Primary, Ridgehaven Primary, The Heights School
On behalf of Eclipse Real Estate Group, we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed, and all interested parties should view the property and seek independent advice if they wish to proceed. Should this property be scheduled for auction, the Vendor's Statement may be inspected at The Eclipse Office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Bradley Foster - 0413 876 516
bradleyf@eclipserealestate.com.au
RLA 277 085
Listing description written by Bradley Foster, Eclipse Real Estate — reproduced as published, not verified by Districts.
Nearby 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.