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
$690,000
Last sold
17 Feb 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
703 m²
Land
132 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
$690,000
17 Feb 2024 · 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
-23.3%
Median sale
Suburb $900,000
+1.03 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 Ray White Para HillsLocated on a large allotment of approximately 703m², this spacious 3 bedroom home presents a wonderful opportunity for the astute home buyer to secure a future proofed, entry level home in desirable Ridgehaven.
Enjoy the wide open spaces and botanic appeal of large allotment living, where there is so much room to raise a family and for the kids to run free. Settle down and start planning your future with this genuine opportunity to 'live in and hold now' with the peace of mind potential to subdivide in the future (STCC).
The home comprises 3 bedrooms, all of generous proportion. The main bedroom has a built-in robe plus a ceiling fan for your personal comfort. Bedrooms 2 & 3 are spacious and bright rooms. An upgraded bathroom features crisp white floor to ceiling tiles, wide vanity and rail shower.
A modern kitchen and adjacent dining area provide a comfortable space for everyday dining and cooking. Crisp white cabinetry, tiled splash backs, stainless steel appliances, double sink with filtered water and ample cupboard space combine in this clever design.
A generous living room offers ample natural light, French doors to the front terrace, quality window treatments, fresh carpets and split system air-conditioner, while a spacious family room with tiled floors and wraparound windows offers that valuable 2nd living space, featuring views over the large backyard.
The fun begins outdoors with a large lawn covered backyard offering plenty of space for gardeners, kids and pets. A single galvanised iron garage and drive-through tandem carport with lock up roller door both provide valuable vehicle accommodation and extra storage.
The perfect start-up opportunity for the younger family or wise investment opportunity for astute entrepreneurs.
Features:
* 3 bedroom home on large and level allotment
* Block size of approximately 703m²
* Ideal for investment, first home or development (STCC)
* All 3 bedrooms of good proportion, all with fresh quality carpets
* Bedroom 1 with built-in robe and ceiling fan
* Spacious living room offering French doors to the front terrace, quality window treatments, fresh carpets and split system air-conditioner
* Bright modern kitchen and adjacent dining room
* Kitchen features crisp white cabinetry, tiled splash backs, stainless steel appliances, double sink with filtered water and ample cupboard space
* Generous family room with wraparound windows, tiled floors and views over the backyard
* Traditional entry hall
* Upgraded bathroom with crisp white floor to ceiling tiles, wide vanity and rail shower
* Traditional laundry room
* Single galvanised iron garage with lift up door
* Drive-through tandem carport with lock up roller door
* Large backyard with lawn and garden areas
* 2 rainwater tanks
Quietly located on a low traffic street in the heart of Ridgehaven and within easy reach of desirable urban amenities. St Agnes Shopping Centre is just down the road for your daily requirements and Tea Tree Plaza is also in the local area, providing a world class shopping experience.
Local schools include Ridgehaven Primary, Redwood Park Primary, Fairview Park Primary and Banksia Park International High School, with the Banksia Park Kindergarten also within easy reach.
Hancock Road, only a short walk away, will provide access to public transport and there are heaps of parks and reserves in the local area for your sport and recreation, including Tea Tree Gully Golf Club, Netball Club and Athletics Club.
A great opportunity to secure a traditional brick home on a large land holding. Live in or rent out now, while you plan your future success!
Please note that the property is currently tenanted. See tenancy details below;
Lease Type: Fixed
Lease End Date: 02/07/2024
Current Rent: $550 per week
For more information, contact Brijesh Mishra on 0430 140 905 or Jaya Prageeth on 0430 397 878.
The Vendor's Statement (Form 1) may be inspected at 493 Bridge Road, Para Hills SA 5096 for 3 consecutive business days before the auction and at the auction for 30 minutes before it commences.
DISCLAIMER: We have in preparing this document using our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
RLA 326570
Listing description written by Brijesh Mishra, Ray White Para Hills — 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.