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 › Spencer Way
$935,000
Last sold
16 Dec 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
387 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
$935,000
16 Dec 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
-0.8%
Median sale
Suburb $943,000
+0.02 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 Ray White Marsden AKGThe Ryan Trama Team proudly presents 4 Spencer Way in Park Ridge - a modern and feature-packed family home offering exceptional comfort, security, and convenience in one of Park Ridge's most sought-after and fast-growing communities.
Positioned on a low-maintenance block and surrounded by quality homes, this residence combines stylish living with practical upgrades that elevate everyday lifestyle. From full-house Crimsafe security to extensive concreting and advanced filtration systems, every detail has been thoughtfully considered.
Step inside and enjoy the bright, open-plan layout designed to capture natural light and create a seamless flow between living, dining, and outdoor entertaining. The contemporary kitchen serves as the heart of the home, offering abundant storage, quality appliances, and a functional layout perfect for busy families and keen entertainers alike.
Outdoors, the property shines with a fully fenced yard, additional trailer/boat/car parking, an electric front gate, and a natural gas connection-ideal for year-round BBQs and gatherings.
The master suite provides a peaceful retreat, complete with a walk-in wardrobe and private ensuite. Additional bedrooms include built-in wardrobes and are perfectly suited for children, guests, or a home office.
Standout features include:
- 6.6kW solar system for energy efficiency
- EC hardwired Tesla wall charger
- Full Crimsafe security throughout the entire home
- Electric front gate for added convenience and privacy
- Whole-house water filtration system
- Full camera security system (CCTV)
- Extensive concreting around the home
- Outdoor natural gas connection
- Additional parking for trailer, car, or boat
- Modern kitchen with quality appliances
- Open-plan living with seamless indoor/outdoor flow
- Fully fenced yard - great for kids and pets
- Double remote-control garage
- Move-in ready with nothing left to do
Location Highlights:
- Park Ridge Town Centre - 9 mins
- Local schools and childcare - 3 mins
- Park Ridge State School & State High School - 9 mins
- Parklands Christian College - 7 mins
- Grand Plaza Shopping Centre - 13 mins
- Brisbane CBD - approx. 35 mins
Perfectly positioned in a thriving community and packed with premium features, 4 Spencer Way is the ideal choice for families, investors, or anyone seeking a modern, secure, and low-maintenance lifestyle in Park Ridge.
For more information or to arrange your private inspection, contact Ryan Trama on 0448 295 135 today.
*Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Ryan Trama, Ray White Marsden AKG — reproduced as published, not verified by Districts.