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
$1,090,000
Last sold
14 Oct 2025
5
Bedrooms
3
Bathrooms
2
Car spaces
438 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
$1,090,000
14 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Park Ridge (last 5 years) with land size have a median of $2,244/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
+15.6%
Median sale
Suburb $943,000
-0.47 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 RE/MAX SignatureWelcome to 33 Mount Glorious Street, Park Ridge QLD - a modern, high-quality dual key property delivering immediate rental returns and long-term growth potential. With excellent tenants already in place and positioned in one of Southeast Queensland's fastest-growing corridors, this property is a standout investment opportunity.
Set on a spacious 438m² block, the residence comprises two fully self-contained homes with separate entrances, utilities, and garages - offering flexibility, security, and dual income with no body corporate fees.
Unit 1 - 3 Bedrooms, 2 Bathrooms, 1 Garage
Spacious open plan living, dining, and kitchen flowing to a private patio
Modern kitchen with stone benchtops, overhead cupboards, and ample storage
Master bedroom with ensuite, large wardrobe, and air conditioning
Additional bedrooms with built-in wardrobes and ceiling fans
Single remote lock-up garage with laundry and internal access
Fully fenced backyard with landscaped gardens
Current Rent: $560/week (lease until 03/07/2026)
Unit 2 - 2 Bedrooms, 1 Bathroom, 1 Garage
Light-filled open-plan living and dining area with air conditioning
Contemporary kitchen with modern finishes and storage space
Two bedrooms with built-in wardrobes and ceiling fans
Neat and functional bathroom
Single remote lock-up garage with internal access and laundry
Secure, fully fenced backyard
Current Rent: $450/week (lease until 01/03/2026)
Financial Highlights
Current Combined Rent: $1010/week
Potential Future Rent: $1,050/week
Council Rates: Single rate notice
No body corporate fees
Location Advantages
Corymbia State School - 2 minutes
Childcare Centres - 3 minutes
East Beaumont Park - 3 minutes
New Woolworths & specialty stores - 2 minutes
Park Ridge Town Centre - 8 minutes
Park Ridge State & High School - 8 minutes
Saint Philomena School - 4 minutes
Grand Plaza Shopping Centre - 16 minutes
Logan Hospital & Train Station - 16 minutes
Brisbane CBD - 35 minutes
Additional Features
Security screens on windows
Split system air conditioning in main living areas
LED lighting and ceiling fans throughout
Separate electricity meters and letterboxes
Exposed aggregate concrete driveway
This dual key home is an ideal addition to any portfolio - offering reliable tenants, strong returns, and low outgoings in a high-demand location.
For further details or to arrange a private inspection, contact Niket Kalra on 0412 345 000 today.
Disclaimer: We have made every effort to ensure the accuracy of this information but disclaim any liability for any errors or misstatements. Prospective purchasers should verify the information themselves.
Listing description written by Niket Kalra, RE/MAX Signature — reproduced as published, not verified by Districts.