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 › Mount Cooroora St
$650,000
Last sold
29 Apr 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
375 m²
Land
210 m²
Building
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
$650,000
29 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
$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
-31.1%
Median sale
Suburb $943,000
+1.54 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 Ray White Marsden AKGThe Ryan Trama Team proudly present 3 Mount Cooroora Street in Park Ridge. This outstanding family home boasts a floor plan that modern families need! Featuring four bedrooms, two bathrooms, two spacious internal living areas, a seperate laundry, a double garage, and a sensational covered outdoor entertaining area, complete with café-style blinds, that transform this space into a room that can be used all year round! Bordered by beautiful, low-maintenance gardens, this stunning property ticks all the boxes! Perfectly located along a quiet street in one of Park Ridge's best equipped and most conveniently located estates, this property presents as an exceptional opportunity for first homebuyers, families, and investors alike!
Step inside, and you are greeted by a thoughtfully planned layout, with functional living areas that seamlessly flow from inside to out. The floor plan, with high ceilings, creates a sense of maximised space. The impressive modern kitchen features quality fittings and finishes, including stone benchtops, a stainless steel freestanding cooker with natural gas cooktop, beautiful cabinetry and big walk-in pantry.
Park Ridge has quickly become one of South-East Queensland's most vibrant and highly sought after destinations. Within a short radius, you have direct access to the Park Ridge Town Centre, highly-regarded schools, including, Park Ridge State School and State High School, Parklands Christian College, and Saint Philomena School, as well as an abundance of green space and parks. Additionally, this property is located within the Rise Estate, which is home to a new childcare centre.
Do not delay - Call Ryan Trama today! This exceptional home presents as one of the best-value offerings currently on the market in Park Ridge!
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
- 35 minute drive to Brisbane CDB
- 550 metre walk to Happy Hearts Childcare
Property Features:
- 4 bedrooms (3 with built-ins)
- Master with ensuite, featuring extra vanity unit with stone bench-top
- Premium blockout blinds throughout
- Second bathroom with bath and seperate shower
- Seperate second toilet
- Security screens to opening windows and doors
- Spacious outdoor alfresco area and cafe-style blinds
- Low-maintenance gardens
- Air-conditioning to main living area, master bedroom and two other bedrooms
- Spacious kitchen featuring a 900mm stainless steel freestanding cooker with natural gas cooktop, stainless steel range hood, and premium stone bench-tops
- Plenty of storage
- 2 car remote garage
- Extra high 2.59m ceilings
- NBN fibre to the premises
- LED downlighting throughout house and outdoor alfresco
- Plus Much More!
Contact Ryan Trama today to secure this incredible opportunity! 0448 295 135.
Listing description written by Ryan Trama, Ray White Marsden AKG — reproduced as published, not verified by Districts.