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 Glorious St
$1,033,000
Last sold
15 Aug 2025
5
Bedrooms
3
Bathrooms
4
Car spaces
450 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
$1,033,000
15 Aug 2025 · derived via latest_sale
Local land rate: recorded Semi-detached sales in Park Ridge (last 5 years) with land size have a median of $2,444/m² of land (n=7). 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
+9.5%
Median sale
Suburb $943,000
-0.30 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 Harcourts Solutions WindsorWith the cost of living sky rocketting and money being to tight to mention, this beautiful property is perfectly positioned for maximum investment success with this sleek dual key property in booming Park Ridge offering a rare dual-income opportunity. Boasting two stylish residences under one roof and a combined rental of a guaranteed $1,000 per week, this is a solid portfolio addition you won't want to miss.
Top Features at a Glance:
1. Two separate homes under one roof - ideal for investors or dual-living families
2. Solid investment opportunity earning a whopping $1,000 per week rental
3. Immediate income stream with both units currently rented
4. Prime location close to shops, schools, parks and public transport
Whether you're a savvy investor, a multi-generational family seeking dual-living flexibility, or a future-minded homeowner looking to live in one and lease the other, the value and versatility here are simply outstanding.
Step into Unit 2, this is a welcoming and modern 2-bedroom home designed for low-maintenance living. Both bedrooms feature ceiling fans.
The open-plan living and dining area has split-system air-conditioning and flows seamlessly out to a private, patio -- perfect for enjoying the Queensland weather.
The galley kitchen offers quality appliances and plenty of storage space, while a single remote garage and fully fenced backyard complete the package. Currently leased, it provides immediate return from day one.
Unit 2 elevates the offering even further with a stylish 3-bedroom layout. Each bedroom features ceiling fans, while the master suite enjoys its own ensuite, robe and split-system air-conditioning for year-round comfort.
The open-plan living, dining and kitchen zone feels bright and airy, with sliding glass doors connecting to a private covered patio and a secure backyard. A contemporary kitchen is equipped with quality appliances, including a dishwasher, a sleek breakfast counter and pantry. A single lock-up garage also offers secure parking and storage.
Both units are separately metered and designed for easy-care living, with neat interiors, tiled living spaces, security screens, and split-system air conditioning. Outdoors, each home offers its own fenced yard space -- ideal for families, pets or tenants who love a bit of greenery without the upkeep.
Set in a fast-growing pocket of Park Ridge, this property offers fantastic convenience:
- 4mins drive to Park Ridge Town Centre (Woolworths, cafes, specialty stores)
- Only minutes to Corymbia State School and Park Ridge State High School
- Close to childcare centres and local parks
- Easy access to public transport and major arterial roads (Mount Lindesay Highway and Logan Motorway).
Solidly built with a low-maintenance construction and Colorbond roofing, this versatile property ticks all the right boxes for investors chasing growth, income and ease, or large families looking for extra space and privacy under one roof.
With the rental market stronger than ever and Park Ridge's popularity continuing to soar, this is a blue-chip opportunity you'll want to act on quickly.
For more information call Martin Hamilton on 0432 566 888 today
Listing description written by Martin Hamilton, Harcourts Solutions Windsor — reproduced as published, not verified by Districts.