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QLD › Park Ridge › Rural St

40 Rural St, Park Ridge QLD 4125

House

$1,125,000

Last sold

21 Aug 2026

5

Bedrooms

3

Bathrooms

2

Car spaces

475 m²

Land

105 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,125,000 (21 Aug 2026).(Recorded sale)
  • CalculationLand 475 m² against a 105 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Park Ridge (last 5 years) with land size: median $2,244/m² of land (n=130). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,125,000

21 Aug 2026 · 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.

See the full Park Ridge report →

Vs Park Ridge

+19.3%

Median sale

Suburb $943,000

-0.56 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$1,125,00021 Aug 2026
  2. Listedprice unknowncompleted27 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Park Ridge in one glance

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.

See the full Park Ridge report →

Keep researching

  • Why Park Ridge? Read the area thesis →
  • What else is on the market in Park Ridge →
  • Other records on Rural St →

Listing material

Listed by RE/MAX Signature

High-Yield Dual Key Investment | Secure Income & Exceptional Flexibility

Whether you're an astute investor seeking strong cash flow, a family looking for multi-generational living, or a buyer wanting the flexibility to live in one residence while renting the other, this outstanding dual key property presents an exceptional opportunity in one of South East Queensland's fastest-growing suburbs.

Positioned on a 475m² allotment and built in 2020, this quality residence comprises two fully self-contained homes under one title. Each residence features its own private entrance, kitchen, living area, outdoor entertaining space, fenced backyard, and remote lock-up garage, providing complete independence and privacy.

With secure tenancies already in place and rental income increasing to $1,095 per week, this is a genuine set-and-forget investment offering immediate returns and outstanding long-term growth potential.

Read the full description

Property Snapshot:

• Dual Key residence on one title

• Built in 2020

• 475m² allotment 220 m2 Building size

• Current rental income: $1,045 per week

• Rental income increasing to $1,095 per week from 20 October 2026

• Rental appraisal: Approximately $1,140 per week

• Low-maintenance modern construction

• Excellent investment or multi-generational living opportunity

Residence One

3 Bedrooms | 2 Bathrooms | 1 Garage

Designed with modern family living in mind, Residence One offers generous proportions, quality finishes, and a functional open-plan layout.

Features include:

Master bedroom with walk-in robe, ensuite and air conditioning

Spacious open-plan living and dining area

Contemporary kitchen with stone benchtops and stainless-steel appliances

Air-conditioned living area

Ceiling fans throughout

Covered outdoor entertaining area

Fully fenced private backyard

Remote lock-up garage with internal access

Investment Details:

Currently leased at $550 per week until 19 October 2026

New lease secured from 20 October 2026 to 25 October 2027 at $600 per week

Residence Two

2 Bedrooms | 1 Bathroom | 1 Garage

A perfect solution for extended family, additional rental income or flexible living arrangements.

Features include:

Two spacious bedrooms with built-in wardrobes

Contemporary kitchen with quality appliances

Open-plan living and dining area

Air-conditioned living space

Private covered patio

Fully fenced backyard

Remote lock-up garage with internal access

Investment Details:

Currently leased at $495 per week until 10 August 2026

New lease secured from 11 August 2026 to 15 February 2027 at $495 per week

Why You'll Love This Property:

• Dual key design under one title

• Secure rental income with long-term leases already in place

• Rental income increasing to $1,095 per week

• Ideal for investors seeking strong cash flow

• Perfect for extended or multi-generational families

• Opportunity to live in one residence and lease the other

• Separate entrances, garages, outdoor entertaining areas and private yards

• Modern, low-maintenance construction

• Excellent long-term capital growth potential

Prime Park Ridge Location:

Located in one of Logan's fastest-growing residential communities, this property enjoys easy access to schools, shopping, childcare, public transport and major motorway connections, making it highly attractive to both owner-occupiers and tenants.

Nearby Amenities:

• New Logan Reserve Shopping Village - Walking distance

• Park Ridge Town Centre (Coles, Woolworths & specialty stores)

• St Philomena School - 850m

• Happy Hearts Child Care - 1.5km

• Corymbia State School - 1.5km

• Grow Early Education Park Ridge - 1.6km

• St Francis College - 2.6km

• Logan Reserve State School - 2.7km

• Park Ridge State High School - 6.2km

• Easy access to the M1 Motorway

• Approximately 35 minutes to Brisbane CBD

• Approximately 45 minutes to the Gold Coast

Offering secure rental income, exceptional flexibility and outstanding future growth, this quality dual key property represents an opportunity rarely found in today's market.

Whether you're expanding your investment portfolio or searching for a home that can adapt to your family's changing needs, 40 Rural Street, Park Ridge deserves your immediate attention.

Contact Niket Kalra and the team at RE/MAX Signature today to arrange your inspection or request further information.

Disclaimer:

RE/MAX Signature has taken all reasonable care in preparing this information and believes it to be accurate at the time of publication. However, no warranty or representation is made as to its accuracy. Interested parties should rely on their own enquiries and independent advice to verify the information contained herein.

Listing description written by Niket Kalra, RE/MAX Signature — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.