OFF MARKET

5 Penny Street
Ridgehaven SA 5097

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 205m2
Land area: 760m2
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Property Details for 5 Penny St, Ridgehaven

5 Penny St, Ridgehaven is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 2020. The property has a land size of 760m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
House
Year Built
2020
Floor Size
205m2
Land Size
760m2
Local Government
Tea Tree Gully
Lot/Plan
A202/D6305

Last Listing description (July 2020)

SOLD PRIOR TO AUCTION - BUYERS WAITING!
Auction Price Guide $330,000

Superb 70s built cream brick home in excellent condition. Located within an easy walk to Ridgehaven Primary School, Banksia Park High School bus routes and the glorious creek setting nearby this would make an ideal rental property or first home with an option to redevelop at a later date (STCC).

The home has been completely repainted throughout and the kitchen has been updated in recent years with gas hot plates, modern electric oven and dishwasher. There is an adjoining dining room with reverse cycle air-con plus a separate lounge.
All 3 bedrooms are of generous proportions and 2 having built in wardrobes plus new carpet to some rooms.
A special feature of the home is parking arrangements. The carport with electric roller door leads through to a huge double width garage with power and ample storage area. There is a full-length rear verandah and superb land available. Block 20.73m wide - 36.73m long - 760m2
For definite sale in the lower end of the market – virtually land value only - but also a very liveable home either to move in or perfect rental property – oh so easy to rent in this ever-popular suburb of Ridgehaven

Auction Saturday February 8th at 3pm (unless sold prior). Offers invited prior to Auction.
Section 7 Statements relating to encumbrances and other matters affecting properties may be inspected at our office three business days prior to auction and at the place of auction 30 minutes before same commences.

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Property History for 5 Penny St, Ridgehaven, SA 5097

A timeline of how this property has performed in the market
Last Sold
$335,000
06 Mar 2020
  • 06 Mar 2020
    Sold for $335,000
  • 21 Jan 2020
    Listed for Sale AUCTION SOLD PRIOR TO AUCTION - BUYERS WAITING!
  • 01 Mar 2004
    Sold for $187,000
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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, 103 properties were sold in the past 12 months in Ridgehaven.

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