Park Ridge at a glance
15,374
People
$946,000
Median sale
$623/wk
Median rent
3.42%
Suburb gross yield
Median sale from 121 recorded sales (last 12 months) — a Districts calculation.
QLD › Park Ridge › Mercy Circuit
$650,000
Last sold
7 June 2022
4
Bedrooms
4
Bathrooms
2
Car spaces
406 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$650,000
7 June 2022 · derived via latest_sale
Local land rate: recorded House sales in Park Ridge (last 5 years) with land size have a median of $2,262/m² of land (n=130). Districts calculation from recorded sales — not a valuation.
Park Ridge at a glance
15,374
People
$946,000
Median sale
$623/wk
Median rent
3.42%
Suburb gross yield
Median sale from 121 recorded sales (last 12 months) — a Districts calculation.
Vs Park Ridge
-31.3%
Median sale
Suburb $946,000
+1.56 pp
Gross yield
Suburb 3.42%
Suburb median $946,000 from 121 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Logan Planning Scheme 2015
Zone
Emerging Community
Emerging Community
Jurisdiction
Logan City Council
Logan, QLD
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDZoned Emerging Community (Logan Planning Scheme 2015). Official parcel area about 408 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $623/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Emerging Community (Logan Planning Scheme 2015). Official parcel area about 408 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Park Ridge at a glance
15,374
People
$946,000
Median sale
$623/wk
Median rent
3.42%
Suburb gross yield
Median sale from 121 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Marsden AKGPerfectly positioned on a 406 m2 block rests this easy to maintain, stylish family home. Vacant and ready to move into, there is nothing to do except bring your bags!
This home boasts four well-sized bedrooms, all with air conditioning and built-in robes. Three bedrooms offer a well-appointed ensuite with a vanity, toilet and a generous sized shower. The main bathroom has a two-way entry to the fourth bedroom.
The well-appointed kitchen offers a dishwasher, double sink, electric cooktop, ample storage space and a large stone benchtop with plenty of preparation space.
Other features include:
- NDIS certified for improved livability | Silver quality mark
- 4 Bedrooms - 3 with an ensuite and 1 with two-way access to the main bathroom
- Carpet in 2x bedrooms
- Tiles in 2x bedrooms
- 2 Living areas
- Open plan kitchen, living and dining
- Airconditioning in each bedroom and both living areas (6x total)
- Wheelchair access throughout
- 406 m2 Fully fenced block
- Rental Appraisal: $600.00 per week
If you've been searching for something to move into with enough space for the whole family, this property is a must see! Contact Alan Kuss today to arrange an inspection.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these images and details, no warranty is given by the vendor or the agent as to their accuracy. Interested parties must satisfy themselves by inspection or their own research.
Listing description written by Alan Kuss, Ray White Marsden AKG — reproduced as published, not verified by Districts.
Also look at
U21, 431 Park Ridge Rd, Park Ridge QLD 4125
2-bed retirement. Asking $499K.
12 Darling Ct, Park Ridge QLD 4125
6-bed house for sale. Asking $1.5M.
40 Ferris, Park Ridge QLD 4125
4-bed house for sale. Currently listed.
46 Mount Edwards St, Park Ridge QLD 4125
4-bed house for sale. Currently listed.