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 › Mount Bowen St
$720,000
Last sold
1 Oct 2022
5
Bedrooms
3
Bathrooms
2
Car spaces
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
$720,000
1 Oct 2022 · derived via latest_sale
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
-23.6%
Median sale
Suburb $943,000
+1.06 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 377 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 377 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 Ray White Marsden AKGRyan Trama and the Ray White Marsden team proudly present an opportunity not to be missed!
This BRAND NEW dual-key home has been expertly finished, and is conveniently located at the heart of Park Ridge, close to schools, shops and parks, with a combined potential rental income of $800-$820 per week.
Set on a 444m2 fully fenced elevated corner block, it offers a superior outlook and unbeatable privacy. This property is filled with natural light throughout, featuring two incredible open plan living dwellings, each finished to an impeccable standard.
The modern facade with Colourbond roof and an appealing colour scheme, along with an exposed aggregate driveway, creates exceptional street appeal. Inside, thoughtful design choices create two spacious and comfortable dwellings, with premium upgrades, including stone bench tops, LED downlights, NBN fibre to the premises, air-conditioning, block-out blinds and so much more! With one title and one set of rates, whilst being individually metered, you won't find anything else like it!
Park Ridge is in one of the fastest growing corridors of South East Queensland and is a highly-sought after community for owner-occupiers and investors alike, with rental yields rapidly increasing.
Dwelling 1 Features:
• Wide entranceway, which takes you through to the spacious open plan living area
• Entertaining is easy, with a wide glass sliding door seamlessly connecting indoor and outdoor living
• 3 bedrooms and 2 bathrooms
• All bedrooms with built ins and ceiling fans
• Spacious master bedroom with built-in and generous ensuite with full width shower, vanity unit and toilet
• Second bathroom features bath, shower and vanity unit
• Separate second toilet
• Kitchen with extra wide stone bench top, modern Bellissimo electric appliances, rangehood & dishwasher, walk-in pantry and plenty of storage
• Ceiling fan and air con to main living area
• LED downlights throughout
• Premium block out roller blinds throughout
• Security screens to all glass windows and doors
• Covered outdoor alfresco area overlooks the private backyard with side access
• Single car lock-up garage with remote door
• Space-saving laundry in garage
• Rental Appraisal $440 to $450 per week
Dwelling 2 Features:
• 2 bedrooms and 1 bathroom
• Bedrooms with built-ins and ceiling fans
• Kitchen features stone bench-top, modern Bellissimo electric appliances, rangehood & dishwasher
• Plenty of storage
• Open plan kitchen and dining/lounge with ceiling fan and air-con
• Large sliding door provides a seamless flow between indoor and outdoor living
• Covered outdoor alfresco area overlooks the private backyard
• Bathroom with vanity unit, shower and toilet
• LED downlights throughout
• Premium block out roller blinds throughout
• Security screens to all glass windows and doors
• Single car lock-up garage with remote door
• Space-saving laundry in garage
• Rental Appraisal $360 to $370 per week
Rates are approximately $950 per quarter inclusive for both units. THERE ARE NO STRATA FEES & NO BODY CORP FEES TO PAY!
Centrally located, this exceptional property is just a short drive from many key points of interest:
- 3 minutes to the site of the new Logan Reserve District Shopping Village
- 8 minutes to Park Ridge Shopping Centre and Park Ridge State School
- 13 minutes to Greenbank Services Club
- 17 minutes to Grand Plaza Shopping Centre
- 35 minutes to Brisbane CBD
This property will sell quickly! For further information or to secure this property, please contact Ryan Trama on 0448 295 135.
Listing description written by Ryan Trama, Ray White Marsden AKG — reproduced as published, not verified by Districts.