Park Ridge South at a glance
1,717
People
$1,400,000
Median sale
$725/wk
Median rent
2.69%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
QLD › Park Ridge South › Thylungra Rd
$1,125,000
Last sold
9 Sept 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
4,241 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
$1,125,000
9 Sept 2024 · derived via latest_sale
Local land rate: recorded Rural Property sales in Park Ridge South (last 5 years) with land size have a median of $109/m² of land (n=6). Districts calculation from recorded sales — not a valuation.
Park Ridge South at a glance
1,717
People
$1,400,000
Median sale
$725/wk
Median rent
2.69%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Park Ridge South
-19.6%
Median sale
Suburb $1,400,000
+0.66 pp
Gross yield
Suburb 2.69%
Suburb median $1,400,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Logan Planning Scheme 2015
Zone
Environmental Management and Conservation
Environmental Management and Conservation
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 Environmental Management and Conservation (Logan Planning Scheme 2015). Official parcel area about 4,257 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 $725/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 Environmental Management and Conservation (Logan Planning Scheme 2015). Official parcel area about 4,257 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?
KnownmediumOfficial parcel about 4,257 m² — land size can look like optionality. No 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 South at a glance
1,717
People
$1,400,000
Median sale
$725/wk
Median rent
2.69%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Crafted Property Agents*CONNECT - Reach out to discuss or schedule a viewing. We're eager to assist you!
*REQUEST - Building and Pest Report + REIQ Contract of Sale + Title Search
Situated on a flat and usable 4,241m2 allotment adjacent sprawling parkland in a tightly held pocket, this property presents a unique opportunity for investors and owner occupiers alike. Recently refreshed throughout the home presents as new so there is simply nothing to do but move in and enjoy. The great-sized shed is ideal for those with extra vehicles and serviced by an impressive bitumen driveway. The family will also appreciate the resort-style swimming and outdoor entertaining area.
*HOME BUSINESS POTENTIAL - The fourth bedroom provides potential for those with a home business/requiring dual living.
· Bedroom: 4 x Spacious Rooms + Built-in Wardrobes + Ceiling Fans + Split-System A/C
· Master Suite: Spacious Room + Ensuite + Walk-in Wardrobe + Ceiling Fan + Split-System A/C
· Bathroom: 2 x Bathrooms (incl. Ensuite) + Separate Toilet + Separate Laundry
· Kitchen: Central Kitchen with 40mm Stone Benchtops + Electric Cooking + Exhaust + Dishwasher + Plentiful Cupboard/Bench Space
· Living (a): Family Area Combining Kitchen + Meals + Lounge with Fireplace
· Living (b): Media/Formal Lounge Room
· Potential Living (c): 4th Bedroom provides space for a kids activity room, teenage retreat, gym, home business or hobby space!
· Features: NEW Split System A/C's + Ceiling Fans + CrimSafe Security Screens + Insulation + Fireplace + NEW Paint + NEW Ceiling Fans + NEW Downlights
· Outside area: Entertaining Area Overlooking Yard + Pool
· Pool: Sparkling In-Ground Swimming Pool
· Shed (a): 6m x 7m Two Bay Shed with Attached 3m x 6m Double Carport + 1 x 5,000l Rainwater Tank
· Shed (b): 3m x 4m Garden Shed *Ideal for ride-on lawn mower
· Fully Fenced with Electric Gate
· Bitumen Driveway and Side Access
· Irrigation
· Electric Hot Water System
· 10.3kW Solar System with 8kW Inverter
· Septic Sewage System
· 1 x 5,000l + 1 x 20,000l Rainwater Tanks
· Town & Tank Water Supply
· Built early-1990s
*NOTE - The outline shown on the aerial photos is for illustrative purposes only and is intended as a guide to the property boundary. We cannot guarantee its accuracy and interested parties should rely on their own enquiries. Also, the measurements are approximate and any potential suggestions have not been investigated with council and interested parties should rely on their own enquiries. The sellers Building and Pest Report can be accessed for review however this should not be relied upon and interested parties should rely on their own enquiries.
Listing description written by Philip Resnikoff, Crafted Property Agents — reproduced as published, not verified by Districts.
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