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 › Merluna Rd
$635,000
Last sold
6 Feb 2020
5
Bedrooms
2
Bathrooms
2
Car spaces
5,436 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
$635,000
6 Feb 2020 · derived via latest_sale
Local land rate: recorded House sales in Park Ridge South (last 5 years) with land size have a median of $129/m² of land (n=7). 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
-54.6%
Median sale
Suburb $1,400,000
+3.25 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 5,456 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 5,456 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 5,456 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 Avenue PropertyThis spectacular family home offers an impressive level of refined opulence and undeniable quality. Sophisticated décor with superior finishes, this attractive design highlights a well-thought-out floor plan and a modern relaxed atmosphere.
As you enter the home you'll find yourself surrounded by natural elements. The feeling of space is evident throughout this family home.
Large windows and a calming neutral colour palette embrace you as you are invited into the open plan living space. Slate tiles, timber sash windows, ceiling fans, air-conditioning and a fireplace offer ambience for any mood.
A luxurious galley gourmet kitchen is the highlight of the home with stunning bench tops, custom cabinetry, a vast breakfast bar and an array of quality appliances including dishwasher. Sharing this space is a dedicated dining room, opening out to a spectacular entertainment area.
Nestled ideally off the kitchen, you'll be greeted by a large family room with stunning timber flooring and a custom-made bar. This space is beyond impressive.
Heading through the hallway, from the left wing, you'll find the lavish master suite - offering a walk-through robe, ceiling fan, air-conditioning and spectacular ensuite with floor to ceiling tiles. 2 additional bedrooms on this side of the home are all spacious and serviced by an elegant designer modern bathroom. Heading to the far side of the home, yet another 2 bedrooms provide the ideal location for office space and your guest retreat.
If you love to entertain, the exquisite expansive outdoor entertaining alfresco overlooks your manicured lawn - you won't find a better place to host Summer BBQ's.
Offering so much more, this home comes equipped with a fully fenced 5436m2 yard with subtly cleared trees, a 2 bay lock-up garage, single bay carport, 5KW solar power (24 panels), 20,000 litre water tank and security alarm system. There truly is nothing more to do than move in and enjoy!
This wonderful home is a lifestyle choice - an expansive and lightly undulating block offering all you could want.
182 Merluna Road features include:
A private 5436m2 block with a gorgeous leafy aspect - fully fenced
5 generous bedrooms
Master suite offering a walk-through robe, air-conditioning, ceiling fan and ensuite
Designer kitchen with dishwasher and custom cabinetry
Large dining room with French inspired timber doors
Open plan living space with air-conditioning, ceiling fan and fireplace
Second family room with dedicated bar
Impressive & expansive outdoor entertaining area
Separate modern laundry
2 Bay Garage
Single carport
Side access with room for boats, caravans and trailers
5KW solar power (24 panels)
Security Alarm System
20000 litre water tank
This is a unique opportunity to secure a luxurious acreage lifestyle on a superb allotment that couldn't possibly be replicated for this price - Don't delay!
DISCLAIMER:
- Due to buyer demand, this amazing property may have sold in the preceding 24 hours of the advertised open home'. Therefore confirmation of the open home with either Melissa or Michael is recommended;
- All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by ALL PROPERTIES GROUP, Avenue Property — reproduced as published, not verified by Districts.
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