3/2 Sydney Street, Ridgehaven, SA 5097 | Property Value & History | OnTheHouse
OFF MARKET

3/2 Sydney Street
Ridgehaven SA 5097

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/2 Sydney St, Ridgehaven

3/2 Sydney St, Ridgehaven is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Year Built
1983
Local Government
Tea Tree Gully
Lot/Plan
U3/S5637

Last Listing description (March 2024)

Invest and forget the rest

Few properties offer such a set and forget experience for the landlord.

With a house proud tenant willing to stay for years to come and an excellent property manager diligently overseeing the smooth management of the property all of the essential ingredients are here for a successful investment experience.

Nestled well away from the hustle and bustle yet merely minutes away from Tea Tree Plaza and all of the conveniences of the North Eastern suburbs, this unit is ensconced in an attractive group of 8 single storey units secreted away on a side street.

Serenely set at the back of the group, this unit awaits with surprising propositions and well considered use of space inside.

2 accommodating bedrooms, a large lounge room and a flexible kitchen.

Both the master and the second bedroom boast built in robes providing additional storage that everyone seeks.

Regardless of the weather outside you can always control the climate inside with ducted air conditioning.

The kitchen offers flexibility and functionality with the ability to move some of the cabinetry to suit one's ever changing needs.

A gorgeous gabled rear verandah awaits beyond the glass sliding doors and creates an additional casual living space for those that like to bring inside out and outside in.

This expansive area is ideal for entertaining and creates a lovely space to enjoy and all year round.

Low maintenance and easy to care for, this property is well established and ready to deliver returns from day one.

With an excellent tenant, this property will excite those seeking to establish or expand their portfolio and presents as an opportunity for those planning for a downsize in the future to secure the property they will call a home of their own in the years to come.

**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.

**PRICING**

CT: 5440/652
House Size: 92m
Year Built: 1983
Zone: General Neighbourhood
Council: Tea Tree Gully

RLA 232366

Property History for 3/2 Sydney St, Ridgehaven, SA 5097

A timeline of how this property has performed in the market
Last Sold
$471,000
23 Apr 2024
  • 19 Mar 2024
    Sold for $471,000
  • 13 Feb 2024
    Listed for Sale $439,000 - $459,000
  • 19 Jun 2017
    Listed for Rent - Price not available
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About Ridgehaven 5097

The size of Ridgehaven is approximately 2.1 square kilometres. It has 12 parks covering nearly 13.0% of total area. The population of Ridgehaven in 2016 was 4008 people. By 2021 the population was 4304 showing a population growth of 7.4% in the area during that time. The predominant age group in Ridgehaven is 30-39 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 professional occupation.In 2021, 70.20% of the homes in Ridgehaven were owner-occupied compared with 71.40% in 2016.

Ridgehaven has 2,164 properties. Over the last 5 years, Houses in Ridgehaven have seen a 99.70% increase in median value, while Units have seen a 120.98% increase. As at 30 November 2025:

  • The median value for Houses in Ridgehaven is $863,457 while the median value for Units is $592,127.
  • Houses have a median rent of $580 while Units have a median rent of $500.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Ridgehaven on OnTheHouse. According to Cotality's data, 127 properties were sold in the past 12 months in Ridgehaven.

Suburb Insights for Ridgehaven 5097

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.