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QLD › Park Ridge South › Merluna Rd

188 Merluna Rd, Park Ridge South QLD 4125

For saleRural Property for Sale

For sale

For sale

5

Bedrooms

2

Bathrooms

4

Car spaces

4,000 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 6 June 2024)
  • FactLand 4,000 m²; no building size recorded.(Property record)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

No recorded sale price for this property yet.

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.

See the full Park Ridge South report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listedprice unknownavailable6 June 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Park Ridge South in one glance

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.

See the full Park Ridge South report →

Keep researching

  • Why Park Ridge South? Read the area thesis →
  • What else is on the market in Park Ridge South →
  • Other records on Merluna Rd →

Listing material

Listed by Crafted Property Agents

acreage life 🍃 | Spacious Family Entertainer with Resort-Style Entry on 4,000m2 of Landscapes Grounds!

AUCTION Unless Sold Prior | Saturday 27th July - 3:00pm (In-Room Auction Event)

Located in a hugely convenient acreage pocket, this impressive property provides a coveted rural lifestyle while benefiting from the convenience and amenities of its close proximity to the Mount Lindesay Highway. Situated on a corner allotment, the property boasts an incredibly versatile setup with spacious family home, shed and yard all perfectly placed to ensure you may make the most of this acreage. You will be immediately impressed upon entry through the feature front fence with remote gate revealing a resort-style entry framed by landscaped gardens. The circular bitumen driveway frames the home's timeless facade and is sure to blow you away. Inside, the home utilises two wings to ensure the entire family has a space to retreat. The kitchen serves as the heart of the home, anchored by two separate living spaces that are bathed in natural light. Recently renovated, the stunning kitchen is sure impress even the most discerning buyer - it must be inspected to be appreciated. Boasting an effortless flow through to the great outdoors, this space interlinks the stunning covered and semi-enclosed outdoor entertaining area with views over the yard. Complete with outdoor kitchen area, you will be entertaining here year-round! There is also a great-sized two bay shed for those with extra vehicles to accomodate. There is plenty of land left to make this acreage your own - this property is a must inspect!

POTENTIAL DUAL LIFESTYLE: The dual-wing design allows for an easy conversion!

Read the full description

HOME FEATURES:

· Bedroom: 5 x Spacious Rooms + Built-in Wardrobes + Ceiling Fans + Split-System A/C

· Master Suite: Spacious Room with External Access + Ensuite with Double Vanity, Heated Towel Rack and Three Shower Heads + Walk-in Wardrobe + Ceiling Fan + Split-System A/C

· Bathroom: 2 x Bathrooms + Separate Toilet + Separate Laundry

· Kitchen: Stunning Central Modern Kitchen with Stone Benchtops + Black Granite Oliveri Sink with Matching Pull-Out Tap + 900mm Bosch Induction Stovetop + 600mm Bosch Pyrolytic Oven Combined with Microwave Oven + Bosch Exhaust + Dishwasher + Pantry

· Living (a): Family Area Combining Kitchen + Meals + Lounge

· Living (b): Formal Living Combing Lounge + Dining

· Home Features: Ceiling Fans + Split-System A/C + Security Screens + 4 x Security Cameras + Cool and Cosy Insulation

OUTDOOR FEATURES:

· Side Access prepared for another shed to park caravans or toys or homes business equipment. Power has been provisioned to this area for future sheds.

· Outside area: Stunning Outdoor Entertaining Area with Outdoor Kitchen Area Overlooking Yard

· Car Space: Single Remote Garage + Single Carport

· Shed: 6m x 6m Two Bay Shed + Power

· Outside Features: Fully Fenced (6ft) with Side Access + Front Feature Fence with Remote Gate and Intercom + Landscaped Gardens + Bitumen Driveway + 5kW Solar System + 72,000l Rainwater Storage

IN-ROOM AUCTION EVENT:

· Time: 3:00pm Registrations - 3:30pm Start

· Location: The Coffee Club Browns Plains Village Square (Behind Bunnings Warehouse)

· Address: 18 Commerce Drive, Browns Plains QLD 4118

188-90 Merluna Road (1-5 Durham Court), Park Ridge South QLD 4125

*Buyers Request: Building and Pest Report + REIQ Contract + Title Search

*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. (STCA - Subject To Council Approval)

Listing description written by Philip Resnikoff, Crafted Property Agents — reproduced as published, not verified by Districts.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.