Park Ridge at a glance
15,374
People
$946,000
Median sale
$623/wk
Median rent
3.42%
Suburb gross yield
Median sale from 121 recorded sales (last 12 months) — a Districts calculation.
QLD › Park Ridge › Niels Cres
6
Bedrooms
3
Bathrooms
2
Car spaces
420 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
No recorded sale price for this property yet.
Local land rate: recorded Semi-detached sales in Park Ridge (last 5 years) with land size have a median of $2,385/m² of land (n=8). Districts calculation from recorded sales — not a valuation.
Park Ridge at a glance
15,374
People
$946,000
Median sale
$623/wk
Median rent
3.42%
Suburb gross yield
Median sale from 121 recorded sales (last 12 months) — a Districts calculation.
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
$946,000
Median sale
$623/wk
Median rent
3.42%
Suburb gross yield
Median sale from 121 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by vurtWhether you're an investor seeking strong rental returns and long-term growth, or an owner occupier planning to live in one unit and rent the other, this duplex offers prime position and exceptional potential.
Built-in 2019 and sprawled across a level Northwest facing 420m2 allotment, this freehold duplex offers easy access to Brisbane via the Mount Lindesay Highway, Gateway Motorway and the Logan Motorway (M2).
With some of the South East Queensland's best recreational facilities, shopping, and entertainment options right at your doorstep, it offers:
• Built-in 2019 (Still Under Warranty)
• 420m2 Northwest Facing Allotment.
• Elevated Level and Flood Free.
• Freehold title. No strata or body corporate fees etc.
The Numbers:
Unit 38A: $550 P/W (22-05-2026)
Unit 38B: $440 P/W (04-05-2026)
Weekly Total: $990 P/W ($51,480 P/A)
Rental Appraisal :
Unit 38A: $550 - $575 P/W
Unit 38B: $440 - $455 P/W
Unit 38A Offers:
• 4 bedrooms, 2 Bathrooms, 1 Car Electric Lockup Garage with additional off and on street parking available.
• The master suite accompanied by an XL Built-in robe, split system A/C, plush carpets, modern fans and block out shutters.
• All the remainder of the bedrooms also include modern fans, Built-in robes, block out shutters and plush carpet.
• Multiple living zones including the main living, dining, and outdoor entertainment area for kids to enjoy.
• Split System A/C servicing the master and the main living/dining zones.
• Centrally located the main bathroom presents a single standalone vanity, ceramic toilet, standalone shower and bathtub.
• The kitchen well-appointed with a 20mm granite island benchtop, European appliances and a 5-burner gas cooktop.
• Outdoor entertainment complimented by a small yard, all of which is fenced and secured.
Unit 38B Offers:
• 2 bedrooms, 1 Bathroom, 1 Car Accommodation with additional off and on street parking available.
• Both Bedrooms include modern fans, Built-in robes, block out shutters and plush carpet.
• Split System A/C servicing the master and the main living/dining zones.
• Multiple living zones including the lounge/dining and outdoor entertainment space, all fenced and secured.
• Centrally located the main bathroom presents a single standalone vanity, ceramic toilet and standalone shower.
• The kitchen well-appointed with a 20mm granite wrap around benchtop, European appliances and a 5-burner gas cooktop.
• With the inclusion of the outdoor patio the entertainment is fenced and secured.
Short Walk to:
• Corymbia State School • Park Ridge District Park • Happy Hearts Childcare Centre • East Beaumont Park • Mount Huntly Street Park •
Short Drive to:
• Logan Hospital • Griffith University Logan Campus • Logan Metro Sports Complex • Logan Hyperdome • Park Ridge State School • Park Ridge Panthers Rugby • Woolworths Logan Reserve • Carvers Park • Saint Philomena School • Park Ridge State High School • Parklands Christian College • Grand Plaza Shopping Centre • Australian International Islamic College • Park Ridge Town Centre • Karawatha Forest Park • Logan Motorway •
15 mins to Ipswich CBD • 30 mins to Brisbane CBD
With the Olympic games in sight and a pandemic-driven lust for quality family homes, everyone wants to buy a home in Queensland's Southeast right now. This is the place to be, offering space, privacy, modern conveniences, and comforts with strong potential for capital growth.
If you have any further questions regarding this property, feel free to contact myself on 0433 397 801 or Korban Howard-van Beek on 0459 433 684.
Listing description written by Moses Nguyen, vurt — reproduced as published, not verified by Districts.
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