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QLD › Ferny Hills › Ridgewood Ct

28-38 Ridgewood Ct, Ferny Hills QLD 4055

For saleHouse

$2,200,000

For sale

Asking

5

Bedrooms

2

Bathrooms

4

Car spaces

20,000 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,200,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,200,000(Listing record · 16 Apr 2026)
  • FactLand 20,000 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ferny Hills (last 5 years) with land size: median $1,568/m² of land (n=185). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 80% above the Ferny Hills median recorded sale ($1,225,520, n=57, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ferny Hills's advertised median rent ($797/wk), implied gross yield would be 1.88% — this is not a rent for this listing.(Districts scenario calculation)

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

$2,200,000

Asking · $110/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Ferny Hills (last 5 years) with land size have a median of $1,568/m² of land (n=185). Districts calculation from recorded sales — not a valuation.

Ferny Hills at a glance

9,087

People

$1,225,520

Median sale

$797/wk

Median rent

3.38%

Suburb gross yield

Median sale from 57 recorded sales (last 12 months) — a Districts calculation.

See the full Ferny Hills report →

Vs Ferny Hills

+79.5%

Median sale

Suburb $1,225,520

-1.50 pp

Gross yield

Suburb 3.38%

Suburb median $1,225,520 from 57 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$2,200,000
Stamp Duty (Queensland)
$107,025
Transfer/Registration Fee
$9,653
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,320,378

$120,378 on top of the price (5.5% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Ferny Hills's advertised median rent — not a rent for this listing.

Net yield
0.38%
Annual cashflow (pre-tax)
$-105,956
Interest cover (DSCR)
0.07
Annual rent
$41,444
Operating expenses
$33,000
Loan amount
$1,760,000
Annual interest
$114,400
Gross yield
1.88%

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.

Open the full yield calculator →

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. Listed$2,200,000available16 Apr 2026

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 $797/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

Gross yield if leased at the suburb aggregate is 1.9%. 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

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

Ferny Hills in one glance

Ferny Hills at a glance

9,087

People

$1,225,520

Median sale

$797/wk

Median rent

3.38%

Suburb gross yield

Median sale from 57 recorded sales (last 12 months) — a Districts calculation.

See the full Ferny Hills report →

Keep researching

  • Why Ferny Hills? Read the area thesis →
  • What else is on the market in Ferny Hills →
  • Other records on Ridgewood Ct →

Listing material

Listed by Belle Property Samford

A Rare 5 Acre Paradise close to Brisbane CBD

Perched high on 4.9 acres of private, leafy landscape with a perfect aspect and an outlook that can never be built out, this architect-designed residence delivers a true sense of living in paradise where space, light and lifestyle come together in perfect balance.

Designed to embrace its surroundings, the home unfolds into a generous open-plan living zone, where polished timber floors and soft natural light create a warm, refined feel. Large openings draw the greenery in, while bi-fold doors extend the living outdoors to a magnificent covered deck-capturing cooling breezes and a tranquil horizon.

Entertaining is effortless here. From long lunches on the deck to evenings by one of the two fire pits, every space has been thoughtfully designed to bring people together. The resort-style pool, framed by glass fencing and established gardens, adds another layer of everyday luxury.

Read the full description

At the heart of the home, a contemporary kitchen combines stone surfaces, quality appliances and a substantial walk-in pantry all perfectly positioned to connect with both indoor and outdoor living.

Accommodation is privately positioned, with five well-scaled bedrooms including a peaceful master retreat complete with walk-in robe and ensuite.

Extensively enhanced, the grounds have been carefully terraced and landscaped to create a usable lawn, established gardens and a seamless connection between home and land, offering a sense of total seclusion rarely found.

Peaceful and private, yet just minutes to schools, transport and local amenities, this is a lifestyle defined by space, serenity and convenience.

Key Features:

- 4.9 acres (20,000m²) of elevated, private acreage with perfect aspect

- Architect-designed home with seamless indoor-outdoor flow

- Expansive covered deck plus two fire pits and outdoor entertaining zones

- Resort-style in-ground pool with glass fencing and landscaped surrounds

- Open-plan living with polished timber floors and natural light

- Contemporary kitchen with stone benches and large walk-in pantry

- Five bedrooms plus study; master with ensuite and walk-in robe

- Fully landscaped and terraced grounds with level lawn areas

- Dual-bay shed, double carport, solar power and rainwater tank

- 2 Bathrooms and an additional power room

Whilst all care has been taken to ensure accuracy, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied) in the event that any information contained in the document or provided within is inaccurate. The Seller and Selling agent make no representation and give no warranty that the information provided is accurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.

Listing description written by Georgie Haug, Belle Property Samford — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Floorboards
  • Grey Water System
  • Pool
  • Secure Parking
  • Solar Panels
  • Study
  • Toilets: 1
  • Water Tank

Also look at

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  • 8 Tarnook Dr, Ferny Hills QLD 4055

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Districts

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.