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QLD › Greenslopes › Ridge St

55 Ridge St, Greenslopes QLD 4120

Block of Units

$2,285,000

Last sold

11 Nov 2025

7

Bedrooms

3

Bathrooms

4

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $2,285,000 (11 Nov 2025).(Recorded sale)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$2,285,000

11 Nov 2025 · derived via latest_sale

Greenslopes at a glance

8,578

People

$1,573,000

Median sale

$650/wk

Median rent

2.15%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Greenslopes report →

Vs Greenslopes

+45.3%

Median sale

Suburb $1,573,000

-0.67 pp

Gross yield

Suburb 2.15%

Suburb median $1,573,000 from 31 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$2,285,00011 Nov 2025
  2. Listedprice unknowncompleted23 Oct 2025

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 $650/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

Greenslopes in one glance

Greenslopes at a glance

8,578

People

$1,573,000

Median sale

$650/wk

Median rent

2.15%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Greenslopes report →

Keep researching

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

Listing material

Listed by Jeff Jones Real Estate

Under Instruction From Receivers - 3 Brick Apartments + Pool!

Under instruction from Receivers and Managers, to be sold by public auction.

A rare opportunity to purchase three full-brick apartments - each individually titled however to be sold as one , securing an entire complex.

Whether you're an investor seeking a dependable income stream, a superannuation buyer looking for a solid asset, or a home seeker wanting a quality residence in a handy position, this property offers lasting value and flexibility.

Read the full description

Built in 1993, the complex has been thoughtfully maintained and includes three spacious, self-contained dwellings, each with its own outdoor space and car parking.

A shared in-ground pool adds to the appeal, creating a relaxed setting for residents while keeping upkeep low and manageable.

Unit 1 - Spacious Two Bedroom Plus Hobby Room

Warm and inviting, this generous two-bedroom home features open-plan living with a brick fireplace and split-system air conditioning. A well-laid-out kitchen adjoins a large laundry with an extra hobby or workroom - perfect for creative projects or a quiet home office.

Both bedrooms have walk-in robes and ceiling fans, and the rear deck provides a peaceful spot to enjoy morning coffee or afternoon breezes.

Unique Features:

- Additional hobby or workroom - ideal for creative use or home office

- Lock-up garage

- Quiet rear position within the complex

Unit 2 - Modern Two Bedroom with Private Patio

Stylish yet easy to live in, this apartment offers light-filled open-plan living with timber-look floors and a modern kitchen with electric appliances. Two well-sized bedrooms include built-in wardrobes and ceiling fans, and the two-way bathroom connects conveniently to the main bedroom.

Sliding doors open to a private covered patio, offering the perfect spot for outdoor dining or a relaxed weekend breakfast.

Unique Features:

- Private covered patio for outdoor dining or relaxation

- Excellent natural light and cross-ventilation

Unit 3 - Top-Floor Three Bedroom with City Views

Taking up the entire top floor, this three-bedroom residence feels more like a house than an apartment.

The open tiled living area is complemented by ducted air conditioning, while the large kitchen provides plenty of bench and storage space. Three generous bedrooms include built-in robes, with a main bathroom, second toilet, and an expansive entertainer's patio capturing sweeping city views - ideal for sunset dinners or relaxed evenings.

Unique Features:

- Large covered patio with wide city vistas

- House-like proportions rarely found in a top-floor apartment

- Excellent privacy and natural light throughout

Additional Highlights Of The Complex Include:

- Shared in-ground pool

- Solid full-brick construction and neatly maintained common areas

- Light-filled interiors with good natural ventilation

- Three separate titles - being sold as one

Investment Snapshot:

- Combined rental income of $1,620 per week

- All units securely tenanted

- Consistent rental performance and minimal ongoing maintenance

- Flexible options for investors, superannuation buyers, or multi-generational living

This rare receivership sale presents a transparent, time-certain opportunity to secure quality full-brick apartments in a peaceful, well-maintained setting. Opportunities like this don't come along often, register your interest early and be ready to bid with confidence on auction day.

Listing description written by Marie McMenemy, Jeff Jones Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Living Areas: 3
  • In-Ground Pool
  • Reverse Cycle Aircon
  • Secure Parking
  • Toilets: 4
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.