At the 2021 Census, 39% of homes in Ridgehaven were owned with a mortgage (South Australia: 36%), 31% were owned outright and 22% were rented. The median mortgage repayment was $1,436 a month and the median rent was $320 a week.

Home ownership figures: ABS 2021 Census, Ridgehaven Suburb and Locality, used under CC BY 4.0. Mortgage broker figures from BrokerScore, updated October 2026.

Buying your first home in Ridgehaven

Ridgehaven is in the $900,000 price cap area for the Australian Government 5% Deposit Scheme (Adelaide). Eligible first home buyers can buy up to that price with a 5% deposit and no lenders mortgage insurance.

South Australia grants and concessions

A First Home Owner Grant for eligible new homes.
Stamp duty relief for eligible first home buyers buying a new home or land to build on.
Check RevenueSA for current amounts and conditions.

General information only, checked 9 October 2026. Sources: 5% Deposit Scheme price caps, South Australia. Eligibility rules apply, so confirm with a mortgage broker.

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Mortgage broker Ridgehaven FAQs

How many mortgage brokers are there in Ridgehaven?

There are 3 mortgage brokers on BrokerScore based in Ridgehaven or serving the area, plus 20 more within 5 km.

Who are the top rated mortgage brokers in Ridgehaven?

By BrokerScore, the top rated mortgage brokers in or near Ridgehaven are McLean Home Loans (6.7), Low Rate Home Loans (6.6) and Mortgage Choice Modbury - Melissa Burt (6.6). BrokerScore is a rating out of 10 that reflects reviews and how well a mortgage broker looks after the people who contact them. Mortgage brokers can’t pay to change it.

How much does a mortgage broker cost in Ridgehaven?

Most mortgage brokers in Ridgehaven don’t charge you for a standard home loan. They’re usually paid a commission by the lender once your loan settles. Some charge a fee for complex loans, so ask upfront. Every mortgage broker must give you a credit guide that explains how they’re paid and any fees.

What’s the average mortgage repayment in Ridgehaven?

At the 2021 Census, the median mortgage repayment in Ridgehaven was $1,436 a month, and 39% of homes were owned with a mortgage. Interest rates and prices have changed since then, so a local mortgage broker can work out what repayments would look like for you today.

What is the 5% Deposit Scheme price cap in Ridgehaven?

Ridgehaven falls under the $900,000 price cap that applies in Adelaide. Under the Australian Government 5% Deposit Scheme, eligible first home buyers can buy up to this price with a 5% deposit and no lenders mortgage insurance. Some suburbs span more than one postcode, so confirm with a participating lender or mortgage broker.

Should I use a mortgage broker or go straight to my bank?

A bank can only offer its own home loans. A mortgage broker compares loans from the lenders on their panel. They must act in your best interests, and they handle the paperwork through to settlement.

How do I choose a mortgage broker in Ridgehaven?

Compare BrokerScores and read recent reviews, check they help with your situation (for example first home buyers, refinancing or self-employed borrowers) and see which lenders they work with. Ask how they’re paid and how many lenders they’ll compare for you. You can message any mortgage broker on this page for free.

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