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 › Watertower St
$1,010,000
Last sold
7 Oct 2025
5
Bedrooms
3
Bathrooms
2
Car spaces
506 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
$1,010,000
7 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Park Ridge (last 5 years) with land size have a median of $2,262/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
+7.1%
Median sale
Suburb $943,000
-0.23 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 LJ Hooker Property Partners | Sunnybank HillsWelcome home to a place where modern design meets everyday practicality, all within the tranquil surrounds of Park Ridge's boutique Tillerman Estate. This brand-new, thoughtfully designed residence is more than just a house - it's a lifestyle upgrade. Positioned in one of Park Ridge's most exciting new communities, this home is perfectly suited for growing families or those seeking flexible living arrangements.
What Sets This Home Apart?
- Brand new home in a prime position in Tillerman Estate, surrounded by peaceful parklands and walking trails.
- Designed for large families or multi-generational households, with five bedrooms and flexible living arrangements to suit your needs
- High-tech touches: smart lock front door and in-built Bluetooth speakers for a modern lifestyle.
- A standout kitchen featuring a 900mm 5-burner gas cooktop, soft-close cabinetry, and a second wet kitchen for serious chefs.
- Impeccable finishes throughout, with floor-to-ceiling tiled bathrooms, timber flooring, and soaring 2.59m ceilings.
Step through the front door and into a home designed to inspire. The open-plan layout draws you into a bright and welcoming living space, where timber flooring flows effortlessly from room to room. At the heart of the home lies the beautifully appointed kitchen, where cooking becomes a joy thanks to premium appliances, ample storage, and a handy second wet kitchen that's perfect for hosting or separate living arrangements.
The carefully considered layout is ideal for larger families, offering five generous bedrooms and three modern bathrooms. Each of the bathrooms exudes luxury, featuring stylish floor-to-ceiling tiles and premium fittings, including a freestanding tub in the main bathroom. Generous bedrooms ensure comfort for all, with the master suite offering a walk-in wardrobe and a private ensuite for added privacy.
The covered alfresco area invites you to relax outdoors, overlooking a secure, low-maintenance yard that's perfect for kids and pets to roam freely.
Tillerman Estate is more than a location - it's a place to connect, grow, and create memories. Enjoy being just minutes from schools such as Park Ridge State High and St Philomena School, while shopping and dining options await at Park Ridge Town Centre and Grand Plaza. For outdoor lovers, local parks and walking trails, including the lush Berrinba Wetlands, provide endless opportunities to relax and explore. With easy access to major roads like the Mount Lindesay Highway and public transport links to Brisbane's CBD, everything you need is right at your doorstep.
This is a home where your story begins - it's the lifestyle upgrade you've been dreaming of. Don't miss your chance to secure this exceptional property - contact Brendan Dingle or Ruby Crowther today to arrange your inspection!
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
BDD Pty Ltd with Sunnybank Districts P/L T/A LJ Hooker Property Partners
ABN 47 676 306 264 / 21 107 068 020
Listing description written by Brendan Dingle, LJ Hooker Property Partners | Sunnybank Hills — reproduced as published, not verified by Districts.