Park Ridge at a glance
15,374
People
$940,000
Median sale
$623/wk
Median rent
3.45%
Suburb gross yield
Median sale from 123 recorded sales (last 12 months) — a Districts calculation.
QLD › Park Ridge › Frederick Pl
$555,000
Last sold
27 Apr 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
356 m²
Land
160 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
$555,000
27 Apr 2022 · 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
$940,000
Median sale
$623/wk
Median rent
3.45%
Suburb gross yield
Median sale from 123 recorded sales (last 12 months) — a Districts calculation.
Vs Park Ridge
-41.0%
Median sale
Suburb $940,000
+2.39 pp
Gross yield
Suburb 3.45%
Suburb median $940,000 from 123 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
UnknownArea
Park Ridge at a glance
15,374
People
$940,000
Median sale
$623/wk
Median rent
3.45%
Suburb gross yield
Median sale from 123 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Beautique RealtyWelcome to 34 Frederick Street, Park Ridge, this ideal family home presents a great opportunity for someone looking to buy a quality investment property. With an excellent tenant currently in place with a fixed term lease at $425 per week until September 2022.
As we walk through this Hamptons inspired home built by Sunvista you will see the beautiful grey tiles lead you into the open plan living with crisp white features.
Open plan living, tiled family room with air conditioner is overlooked by the modern kitchen with soft closers, large fridge space, electric cooking, heaps of bench space, cupboards and wide fridge space. Stainless appliances, includes a dishwasher and electric ceramic cook top.
To complete the home is 4 good size bedrooms all with ceiling fans, the master room has walk in robe and air conditioning.
Outside you will find an alfresco patio and good size fully fenced yard.
Full features list includes:
-4 Bedrooms
-Family living
-Alfresco Patio
-Modern Kitchen
-Dishwasher
-Electric Cooking & Hotwater
-Two bathrooms, main with bathtub
-Fully Fenced Yard
-Double Electric 2 Car Garage
-Laundry in garage and large storage cupboard
-Air conditioned in the living room & master bedroom
-356m2 land fully fenced and private setting
-Currently tenanted at $425 per week until September 2022 with excellent tenant
-Rates and Water approx. $893 per quarter
This home presents a great opportunity for an astute investor who is looking to secure a quality property in a prime location.
We have two open homes planned, or reach out if a private inspection is your preference .. we look forward to showing you soon
BUYERS
Note, the property will be open to offers via Market Buy.
Never used Market Buy? Here is more information....
When you're looking to buy a house or property, you get caught in this game of submitting offers and being told there's 10 other people interested and you better go higher to even have a chance. But you never really know if what you're being told is a sales tactic or if you have in fact chosen the most popular house in the country!
Market Buy adds a layer of transparency to the process:
Only people legitimately interested in a property will be given a secure login
Once you login, you can see a history of genuine offers and place your own when you're ready and happy to do so
It's completely anonymous to the other potential buyers (but the agents know who everyone is)
And you can do this easily from your phone, no matter where you are or what you're doing, with absolutely no pressure from the agent!
Listing description written by Beau Miller, Beautique Realty — reproduced as published, not verified by Districts.
Nearby 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.