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 › Franklin Ave
$435,000
Last sold
15 Mar 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
351 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
$435,000
15 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Park Ridge (last 5 years) with land size have a median of $2,261/m² of land (n=131). Districts calculation from recorded sales — not a valuation.
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
-53.9%
Median sale
Suburb $943,000
+4.01 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 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
$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 Avenue PropertyALL PROPERTIES GROUP / CHRIS GILMOUR SOLD 0438 632 459
Positioned in a tightly held enclave in Park Ridge, this modern and near new four-bedroom property provides a decadent family living experience. Offering discreet elegance with a contemporary façade, beautifully maintained gardens and statement portico it creates a sophisticated and refined street appeal, and perfect opening statement as you enter the home. Perfect for families, first homeowners or investors alike, perfection of location and quality of build culminate to deliver the sought after lifestyle that you have been waiting for.
Offering a thoughtful blend of contemporary clean lines, detailed refined features and practical flowing floor plan, comfort and class are assured in this delightful open plan living experience with multiple living areas, centred around an elegant, well-appointed kitchen.
Utilising a modern yet refined colour palette with the ease of care with tiling, this home will inspire with the fresh and tranquil ambience and quality of finishes. The bespoke kitchen is equipped with a range of stainless steel appliances, stone benchtops and ample storage that will satisfy even the most demanding family and entertaining requirements. Showcasing elegant timber inspired cabinetry couple with the timeless elegance of crisp white with statement lighting, this elegant design is as stunning as it is functional. Flowing effortlessly through the dining and living area and out to the breezy outdoor entertaining you will discover an intimate dining area to create enduring memories with friends and family as children play in fully fenced, secure yard. Or, enjoy the convenience and luxury of a second living area, smartly located towards the front of the home.
The master suite is spacious and inviting, offering a tranquil retreat for parents. Showcasing a gorgeous ensuite with modern subway tiles and the elegance of timber inspired cabinetry plus a walk-in robe, it's sure to impress even the most discerning buyer. Three additional bedrooms feature and are serviced by a well-appointed bathroom including bath, it is perfectly suited for a growing family who seek quality of living in an outstanding, up and coming area.
Just a few minutes drive to a myriad of schools including Browns Plains and Yugumbir, this contemporary low maintenance home provides an excellent opportunity for growing families. Within close proximity to local shopping precincts and ample local recreational activities well within reach, this idyllic location provides a wonderful location to raise a family. It's no surprise why this area continues to prosper and grow in popularity.
Features include but not limited to:
- Master Bedroom with Walk Around Robe and contemporary ensuite with his and her sinks
- Three additional spacious bedrooms with built-in robes
- Multiple indoor entertaining areas with open plan design
- Family bathroom featuring a bath and shower
- Large contemporary kitchen featuring stone benchtops, quality appliances and walk-in pantry
- Ceiling fans throughout with split system air conditioning
- Contemporary kitchen with Caesarstone benchtops, quality near new appliances and breakfast bar
- Private under roof alfresco area
- Double remote garage
With such high-quality inclusions and perfection of lifestyle for busy family life, this property will not last on the market for long. Contact us today for your exclusive viewing.
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Chris Gilmour, Avenue Property — reproduced as published, not verified by Districts.