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 › Weedbrook St
$750,000
Last sold
31 May 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
434 m²
Land
206 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
$750,000
31 May 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
$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
-20.2%
Median sale
Suburb $940,000
+0.87 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
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
$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 Ray White Marsden AKGSOLD PRIOR TO AUCTION BY RYAN TRAMA - AWARDED PARK RIDGE'S NUMBER 1 AGENT VIA RATE MY AGENT
THE FACTS:
- SOLD PRIOR TO AUCTION FOR ESTATE RECORD | $750,000
- 39 BUYER INSPECTIONS
- 16 WRITTEN OFFERS RECEIVED
- 15 MOTIVATED BUYERS MISSED OUT
- COULD YOURS BE NEXT?
CALL RYAN TRAMA TODAY FOR A FREE MARKET APPRAISAL | 0448 295 135
Are you looking for the perfect resort-style oasis in the heart of Park Ridge? Look no further than this stunningly private property, boasting a gorgeous in-ground pool! Established and so easy to maintain, this exceptional abode is ready for you to move into, whilst the huge 9.9kw solar system ensures that you do so with minimal environmental impact and low running costs.
This modern and stylish home features a spacious and functional floorplan, complimented by one of the most outstanding and private outdoor entertaining areas in Park Ridge - the perfect retreat for those who want to unwind and relax to escape the hustle and bustle of city life. Inside, you will find two generous living areas - the main open plan living area features a stunning central kitchen with freestanding island bench with stone bench-top, gas cooking and a large walk-in pantry. There is also a large separate second living area at the front of the house. The generous master retreat easily fits a king-size bed, and includes a walk-in wardrobe and ensuite with full-width shower, whilst the well-equiped main bathroom boasts a relaxing bath.
Situated on an elevated 434m2 block, this property offers a beautiful outlook, allowing for superior light and air to flow throughout the home. Whether you're looking for a place to entertain guests or simply want to enjoy the peace and quiet of your own private oasis, this property is sure to exceed your expectations.
Perfectly located and only a short distance from the following points of interest:
- 2 minute drive to the new Woolworths development and speciality stores
- 6 minute drive to Park Ridge Town Centre
- 6 minute drive to Park Ridge State School and Park Ridge State High School
- 4 minute drive to Saint Philomena School
- 8 minute drive to Parklands Christian College
- 12 minute drive to Grand Plaza Shopping Centre
- 35 minute drive to Brisbane CDB
- 4 minute drive to Happy Hearts Childcare Centre
Extensive Property Features:
- 4 bedrooms, 2 large internal living areas, 2 bathrooms, 2 car remote garage
- Incredibly private outdoor entertaining area with stunning in-ground pool, bordered by a full colour-bond fence complimented by beautifully established gardens
- Stunning kitchen with island bench with stone bench-top, freestanding 900mm cooking unit with gas cooktop and large walk-in pantry
- Open plan main living area with seamless transition to outdoor entertaining area, overlooking the pool
- Separate large second living area
- Generous master bedroom with large walk in wardrobe and ensuite
- Second bedroom with walk-in wardrobe and remaining two bedrooms with built-in wardrobes
- Main bathroom with relaxing bath
- Security screens to all windows and doors
- Ceiling fans to all living areas and bedrooms
- 1200mm feature entrance door
- Security door to front door to allow natural airflow
- LED downlight throughout
- Garden shed on concrete slab
- 9.9kw solar system
So why wait? If you're ready to experience the ultimate in luxury and relaxation, contact Ryan Trama today on 0448295135 to schedule a viewing of this gorgeous property!
Listing description written by Ryan Trama, Ray White Marsden AKG — reproduced as published, not verified by Districts.