Suburb Profile

Suburb profile for,

Ridleyton, SA

Located in the dynamic state of SA (postcode 5008), RIDLEYTON is a vibrant real estate market. This suburb holds a median house price of $696,500 and has demonstrated an average buying growth of Up 6.2%. Last month, 5 houses were available, with 10 transactions completed in the past year. Properties spend around 49 days on the market, reflecting the area's demand with 892 interested buyers. The average rental yield stands at 3.5%, with a weekly median rent of $460 per week and an average rent growth of Up 8.7%. Rental properties usually stay on the market for 23 days. The population in 2016 was 1143, which changed by +6.80% in the past five years. The median weekly household income is $1,226, reflecting an income change of +27.84% over the past five years. Residents have a median age of 35 years, and the suburb has an average annual growth for houses of +5.19%. To fully take advantage of RIDLEYTON's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in RIDLEYTON, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Ridleyton, SA

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
SA
Suburb
RIDLEYTON
Postcode
5008
Median price for all dwellings
$696,500
Last 12 months growth return
Up 6.2%
Avg. dwellings for sale in the suburb every month
5
Avg. dwellings sold in the suburb in previous 12 months
10
Avg days on market for a dwelling listing to sell
49 days
Avg. number of people searching in this suburb every month
892
Avg. rental yield per annum
3.50%
Weekly median rent for all dwellings
$460 per week
Median price for all houses
$696,500
Avg. rental yield growth in the previous 12 months
3.50%
Avg. days for a rental listing to find a tennant
23 days
Total suburb population in 2016
1143
Total suburb population change in 5 years up to 2016
6.80%
Avg. household income per week
$1,226
Median age of the population in the suburb
35
Historic avg annual growth return per annum in the suburb
5.19%

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