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 › Weedbrook St
$1,115,000
For sale
Asking
5
Bedrooms
3
Bathrooms
2
Car spaces
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
$1,115,000
Asking
No recorded sale for this property.
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
+18.2%
Median sale
Suburb $943,000
-0.53 pp
Gross yield
Suburb 3.44%
Suburb median $943,000 from 122 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$52,963 on top of the price (4.8% 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 2.9%. 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
$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 The Local AgentSpeed up your asset building with this excellent 2-in-1 offering. A 3 bedroom, 2 bathroom house is coupled with a separate 2 bedroom, 1 bathroom unit, providing great value for owner occupiers and particularly investors.
There are a few reasons why this might be the best pick of the whole estate:
- It has one of the biggest blocks at 516m2 for more outdoor space
- It is a more private end-of-row corner block with side street parking
- It is on the more peaceful outer edge of the estate backing onto acreage.
The 2 bedroom unit is currently rented at $480 per week, indicating a likely rent of $550 per week for the currently vacant 3 bedroom house. A likely return of over $1000 per week is a big help to investors, or the unit could make a game-changing income boost for owner occupiers.
The appeal is not only about substance. There is eye-catching form in the (I hesitate to use the term!) Hamptons inspired facade. The interior living areas are light-filled and open plan, flowing nicely out to the gardens.
THE LOCAL INSIGHT:
The locality of Park Ridge provides self-contained urban living in a rural setting outside of the City. Weedbrook street residents are fortunate to have walkway access to parklands, a bushland trail for jogging or dog walking and the 10 minute walk to the nearby retail and dining options at Woolworths Logan Reserve. The master-planned design of this pocket is typical of the Park Ridge area where new infrastructure is dotted within the purposefully preserved acreage and rural corridors.
If you want to know more about this property OR TO BOOK AN INSPECTION contact us on 07 3848 0202.
Listing description written by Ed Trendall, The Local Agent — reproduced as published, not verified by Districts.