SOLD
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Sold on 09 Nov 2024 for $720,000

4 Sydney Street
Ridgehaven SA 5097

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 126m2
Land area: 926m2
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Property Details for 4 Sydney St, Ridgehaven

4 Sydney St, Ridgehaven is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1971. The property has a land size of 926m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Ridgehaven in the last 12 months.

Building Type
House
Year Built
1971
Floor Size
126m2
Land Size
926m2
Local Government
Tea Tree Gully
Lot/Plan
A60/D6073

Last Listing description (November 2024)

On the market for the first time since it was built in 1962, this original home has been cherished by the same family for decades. Situated on a generous 926sqm block in a peaceful and family-friendly street, this property offers endless potential for renovators and developers.

While the home itself is in need of significant renovations, the real value lies in the land and the possibilities it presents. Whether you envision knocking down and rebuilding a stunning new family home or pursuing development opportunities (subject to Council Consent), this property is bursting with potential.

The location is one of the most appealing aspects of this opportunity. With easy access to Adelaide's CBD, less than a half-hour drive away, commuting is a breeze. Alternatively, the O-Bahn offers a convenient and quick ride into the city. For all your shopping needs, Westfield Tea Tree Plaza is just two minutes away by car, providing a wide range of retail, dining, and entertainment options. The area also boasts several nearby parks, perfect for enjoying the outdoors and family activities.

This is a rare chance to secure a large block in Ridgehaven, a suburb known for its peaceful atmosphere and excellent connectivity. Whether you're looking for an investment or the chance to build your dream home, 4 Sydney Street is an opportunity you won't want to miss!

Specifications:
CT / 5314/744
Council / Tea Tree Gully
Zoning / GN
Built / 1962
Land / 932m2 (approx)
Frontage / 16.76m
Council Rates / $1,736pa
Emergency Services Levy / $129.60pa
SA Water / $158.63pq
Estimated rental assessment: $460 - $490 p/w (Written rental assessment can be provided upon request)
Nearby Schools / Ridgehaven P.S, Redwood Park P.S, Modbury School P-6, St Agnes School P-6, The Heights School.

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 | 226409

Property History for 4 Sydney St, Ridgehaven, SA 5097

A timeline of how this property has performed in the market
Last Sold
$720,000
09 Nov 2024
  • 09 Nov 2024
    Sold for $720,000
  • 23 Oct 2024
    Listed for Sale $720,000

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About Ridgehaven 5097

The size of Ridgehaven is approximately 2.1 square kilometres. It has 12 parks covering nearly 13% of total area. The population of Ridgehaven in 2011 was 3,880 people. By 2016 the population was 3,991 showing a population growth of 2.9% in the area during that time. The predominant age group in Ridgehaven is 40-49 years. Households in Ridgehaven are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ridgehaven work in a trades occupation. In 2011, 72.6% of the homes in Ridgehaven were owner-occupied compared with 71.4% in 2016.

Ridgehaven has 2,109 properties. Over the last 5 years, Houses in Ridgehaven have seen a 95.41% increase in median value, while Units have seen a 104.91% increase. As at 31 October 2024:

  • The median value for Houses in Ridgehaven is $771,073 while the median value for Units is $531,187.
  • Houses have a median rent of $595 while Units have a median rent of $470.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Ridgehaven on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Ridgehaven.

Suburb Insights for Ridgehaven 5097

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.