Park Ridge at a glance
15,374
People
$940,000
Median sale
$623/wk
Median rent
3.45%
Suburb gross yield
Median sale from 123 recorded sales (last 12 months) — a Districts calculation.
QLD › Park Ridge › Elite St
$990,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
424 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
Asking
$990,000
Asking · $2,335/m² of land
No recorded sale for this property.
Park Ridge at a glance
15,374
People
$940,000
Median sale
$623/wk
Median rent
3.45%
Suburb gross yield
Median sale from 123 recorded sales (last 12 months) — a Districts calculation.
Vs Park Ridge
+5.3%
Median sale
Suburb $940,000
-0.18 pp
Gross yield
Suburb 3.45%
Suburb median $940,000 from 123 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$45,294 on top of the price (4.6% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Park Ridge's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
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
QLDPlanning 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.
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
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.
Gross yield if leased at the suburb aggregate is 3.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
$940,000
Median sale
$623/wk
Median rent
3.45%
Suburb gross yield
Median sale from 123 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Yong Real Estate Sunnybank HillsProudly presenting 2 Elite Street, Park Ridge - a spacious, contemporary four-bedroom residence built in 2022, combining functional design with low-maintenance living, set on approximately 412m² of land in one of Logan's fastest growing suburbs. Has been with the same tenant since 2023 but with the lease ending in January 2027 so suitable for investors and homeowners alike.
The open-plan living and dining areas form the practical heart of the home, ideal for everyday family life or relaxed entertaining. Two stylish bathrooms, including an ensuite to the master bedroom, add comfort and convenience, while the double lock-up garage provides secure parking. Low-maintenance throughout, the home is designed to suit busy families and investors alike.
Situated in the heart of Park Ridge, the property offers exceptional convenience with nearby schools, shopping centres, parks, public transport and easy access to major arterial roads - combining comfortable family living with outstanding future growth potential.
Standout features:
- Spacious contemporary four-bedroom residence
- Built 2022
- Ducted air conditioning in ALL rooms ideal for the warmer months
- 2.7m ceilings
- Two stylish bathrooms, including ensuite to master
- Double lock-up garage
- Set on approximately 412m² of land
- Tenanted until January 2027 - secured rental income for an investor
- Currently $650/week, below Park Ridge's house rental median - scope to increase rent at next review
- Functional open-plan living and dining areas
- Low-maintenance design, ideal for families or investors
- NBN connected
- Close to schools, shopping centres and parks
- Convenient access to public transport and major arterial roads
- Located in one of Logan's fastest growing suburbs
Motivated owners invite all genuine buyers to inspect this fantastic opportunity before it's gone.
Address: 2 Elite Street, Park Ridge QLD 4125
Price: Asking $990,000
Inspect: Open Home
Contact:
Bill Bai / Harvey Huang
0452 163 580 / 0401 026 693
Bill.Bai@yong.com.au
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided, interested parties must solely rely on their own enquiries.
Listing description written by Bill Bai, Yong Real Estate Sunnybank Hills — reproduced as published, not verified by Districts.