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 › Wang St
$675,000
Last sold
28 Apr 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
411 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
Last sold
$675,000
28 Apr 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
$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
-28.2%
Median sale
Suburb $940,000
+1.35 pp
Gross yield
Suburb 3.45%
Suburb median $940,000 from 123 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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.
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.
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 Ray White Marsden AKGThe Ryan Trama Team proudly presents 2 Wang Street, Park Ridge. High ceilings, zoned and ducted air-conditioning and spacious internal living areas, are some of the premium features that sets this beautiful, near-new family home apart from anything else on the market.
The striking modern facade of this 2021 built home, combined with a beautiful low-maintenance garden and manicured lawn, create an incredible first impression. Inside, the impressive kitchen, featuring stunning stone bench-tops and quality appliances with gas cooktop, seamlessly blends with the main open-plan living area, and out to the outdoor entertaining area. You will also find a seperate second living area, four generous bedrooms, including the master with a walk-in wardrobe and ensuite. The second bathroom is well-appointed with extra-wide vanity and relaxing bath.
To top it off, this property features a huge top-of-the-range 6kw solar system to effectively eliminate your power bill. Inspect early, as this one may be sold prior to auction day.
Rental Appraisal: $590 per week
Perfectly located, this property is only a short distance from the following points of interest:
- 2 minute drive to the new Woolworths development and speciality stores
- 7 minute drive to Park Ridge Town Centre
- 7 minute drive to Park Ridge State School and Park Ridge State High School
- 3 minute drive to Saint Philomena School
- 13 minute drive to Grand Plaza Shopping Centre
- 37 minute drive to Brisbane CDB
- 600 metre walk to Happy Hearts Childcare Centre & Kindergarten
- 600 metre walk to East Beaumont Park
Extensive Features:
- Near-new family home
- Ducted and Zoned air-conditioning (8 individual zones for every room in the house)
- 4 bedrooms, 2 bathrooms, 2 living areas, 2 car remote garage and outdoor alfresco
- Spacious and private corner block with side access
- Open plan main living area
- Seperate second living area at front of house
- Spacious master bedroom with ensuite featuring a full-width shower, and a walk-in wardrobe
- Remaining 3 bedrooms with built-in wardrobes
- Ceiling fans throughout
- Second bathroom with extra-wide vanity with stone benchtop and a relaxing bath
- Seperate second toilet
- Spacious kitchen with premium stone benchtop and modern appliances including natural gas cooktop and dishwasher
- Abundance of glass windows and doors allows for superior light and air flow through the home
- Laundry with plenty of storage
- Solar KW 6KW
- Premium blockout blinds throughout
- Security screens to all windows and doors
- NBN fibre to the premises
- LED down-lights
- Plus much, much more!
Contact Ryan Trama on 0448 295 135 for more information!
Listing description written by Ryan Trama, Ray White Marsden AKG — reproduced as published, not verified by Districts.