Park Ridge at a glance
15,374
People
$943,000
Median sale
$623/wk
Median rent
3.44%
Suburb gross yield
Median sale from 122 recorded sales (last 12 months) — a Districts calculation.
QLD › Park Ridge › Heath Tce
$705,000
Last sold
20 July 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
400 m²
Land
215 m²
Building
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
$705,000
20 July 2023 · 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
$943,000
Median sale
$623/wk
Median rent
3.44%
Suburb gross yield
Median sale from 122 recorded sales (last 12 months) — a Districts calculation.
Vs Park Ridge
-25.2%
Median sale
Suburb $943,000
+1.16 pp
Gross yield
Suburb 3.44%
Suburb median $943,000 from 122 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 402 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 402 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
$943,000
Median sale
$623/wk
Median rent
3.44%
Suburb gross yield
Median sale from 122 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertySOLD BY CHRIS GILMOUR 0438 632 459...
This stunning Southampton home is gracefully nestled on an elevated 400m2 block in a sought-after pocket of Park Ridge. Surrounded by other newly constructed residences in a family-friendly neighbourhood, it epitomises contemporary living at its finest.
The internal aesthetics of this home are characterised by clean, crisp lines, creating a modern and sleek atmosphere. The bright and airy ambiance is accentuated by high ceilings, a feature vaulted ceiling in the main living quarters and an abundance of windows that fill the space with natural light, adding to the overall sense of openness.
This exceptional property boasts 2 distinct living areas. The open plan family room provides a versatile space for gathering and spending quality time together. Additionally, there is a dedicated media room adorned with feature wall panelling, offering a cosy and immersive environment to enjoy movie nights. The media room comes thoughtfully equipped with a large TV and sound bar, ensuring an enhanced entertainment experience for all.
At the heart of the home lies a stunning gourmet kitchen, exuding both style and functionality. The sleek stone waterfall benchtop serves as a focal point, adding a touch of elegance to the space. Equipped with a premium 900mm electric cooktop and oven, dishwasher and an abundance of cupboard and pantry storage, this kitchen offers everything you need for culinary excellence.
The home boasts 4 generously sized bedrooms, each thoughtfully equipped with mirrored robes and ceiling fans to provide comfort and convenience. The air-conditioned master suite is a spacious retreat, complete with walk in robe and a contemporary ensuite. The remaining bedrooms are serviced by the main bathroom, which features a stone vanity, floor to ceiling tiling, a large shower and a soothing bathtub, perfect for decompressing after a long day.
Outside, the home offers a delightful alfresco area that overlooks a lovely grassed enclave, providing an ideal space for the kids and pets to frolic in a safe and secure environment. Additionally, a convenient garden shed is located on the property, providing valuable storage space for your gardening tools and equipment.
This wonderful residence is located within close proximity to schools, shops, restaurants, medical facilities, parks and transport as well as easy access to major arterials roads and is conveniently located halfway between Brisbane and the Gold Coast. Logan Hospital is 15 minutes away and the M1 and Logan Motorways are located just minutes from your doorstep.
Property features and inclusions:
- Nestled on a 400m2 block
- Home is approx 2 years old
- Built by Choice Homes (5 years warranty remaining)
- Floor plan size approx 215m2
- 4 bedrooms with mirrored BIR's & ceiling fans
- Master suite features WIR, aircon + ensuite
- Media room, carpeted & equipped with TV and sound bar
- Open plan, air-conditioned family and dining room
- Stylish gourmet kitchen featuring:
- Caesarstone waterfall benchtop
- 900mm electric cooktop & oven
- Dishwasher
- Contemporary family bathroom
- Separate laundry with external access
- High ceilings
- Vaulted ceiling in primary living area
- Air-conditioning
- Ceiling fans
- Block out blinds & curtains
- Tinted windows
- Premium flooring
- Linen cupboard
- Crimsafe security screens to all external doors
- Security alarm + CCTV (with 8- camera video system)
- Covered alfresco space with TV outlet
- Landscaped gardens
- Low-maintenance yard
- Solar power – 6.5kw + battery system
- Garden shed
- 2 x clotheslines
- Double remote garage
- Fully fenced
- NBN – Fibre to the premises
- Council rates approx. $735/qtr inc water
- Current rental appraisal $620/wk
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Chris Gilmour, Avenue Property — reproduced as published, not verified by Districts.