Park Ridge South at a glance
1,717
People
$1,400,000
Median sale
$725/wk
Median rent
2.69%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
QLD › Park Ridge South › Durham Ct
$507,000
Last sold
22 Dec 2015
5
Bedrooms
2
Bathrooms
2
Car spaces
4,000 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
$507,000
22 Dec 2015 · derived via latest_sale
Local land rate: recorded House sales in Park Ridge South (last 5 years) with land size have a median of $129/m² of land (n=7). Districts calculation from recorded sales — not a valuation.
Park Ridge South at a glance
1,717
People
$1,400,000
Median sale
$725/wk
Median rent
2.69%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Park Ridge South
-63.8%
Median sale
Suburb $1,400,000
+4.75 pp
Gross yield
Suburb 2.69%
Suburb median $1,400,000 from 5 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 $725/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 South at a glance
1,717
People
$1,400,000
Median sale
$725/wk
Median rent
2.69%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stone Real Estate Logan WestPERFECT SUMMER ENTERTAINER WITH POOL
This is a fantastic opportunity to secure this impressive family home which combines the perfect environment for entertaining and relaxed living.
Graced with 5 bedrooms plus study, spacious alluring living areas featuring open plan formal lounge with reverse cycle air-conditioning and dining plus family room, excellent kitchen with dishwasher all overlooking the private in-ground pool complimented by the outside entertaining area … guaranteed to impress.
Set on a fully fenced 4,000m2 allotment with established gardens and complete with double carport and extra car accommodation to house up to 5 vehicles in total.
If you have been looking for a home with lots of room to move, don’t miss this!
FEATURES LIST:
Brick and tile
Insulation
Solar panels 2.76 kw x12 panels
Solar hot water
Security screens
Floating timber flooring throughout living areas and hallway
Quality carpets with plush underlay in bedrooms
Large entry
Open plan lounge with reverse cycle air-conditioning, ceiling fan, slow combustion fireplace with brick feature wall
Dining area adjacent kitchen with glass sliding doors leading to outside
Open plan family room with ceiling fan
Central kitchen with Blanco dishwasher, stainless steel rangehood, ceramic hotplates and corner pantry
Master bedroom with ceiling fan, ensuite with heatlight and exhaust fan and walk-in robe
Bedroom 2 is kingsize with double door built-in robe, ceiling fan and glass sliding doors leading to outside
Bedrooms 3, 4 and 5 all with built-in robes, ceiling fan and cooling air-conditioning
Open plan study/office
Main bathroom
Separate laundry
Covered alfresco area plus shade sail entertaining area overlooking the pool
Double carport
Shed with space for 2 cars (powered) plus a carport/lean to, perfect for storing trailer
In-ground chlorine pool
Cubby house
4,000m2 Fenced allotment at the end of a cul de sac
DISCLAIMER:
Please note: Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours of an advertised open home. Therefore confirmation of all open home times with the listing agent is advised.
Listing description written by Robyn Williams, Stone Real Estate Logan West — reproduced as published, not verified by Districts.