Park Ridge at a glance
15,374
People
$940,000
Median sale
$623/wk
Median rent
3.45%
Suburb gross yield
Median sale from 123 recorded sales (last 12 months) — a Districts calculation.
QLD › Park Ridge › Skelbrook Rd
$585,000
Last sold
1 Feb 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
400 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
$585,000
1 Feb 2023 · 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
$940,000
Median sale
$623/wk
Median rent
3.45%
Suburb gross yield
Median sale from 123 recorded sales (last 12 months) — a Districts calculation.
Vs Park Ridge
-37.8%
Median sale
Suburb $940,000
+2.09 pp
Gross yield
Suburb 3.45%
Suburb median $940,000 from 123 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
$940,000
Median sale
$623/wk
Median rent
3.45%
Suburb gross yield
Median sale from 123 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertySOLD BY CHRIS GILMOUR 0438 632 459...
This delightful home is only 5 years young and is neatly perched on a 400m2 block in "The Rise" estate which is a peaceful and sought after pocket in Park Ridge. It showcases an impressive floorplan and a soothing neutral colour palette throughout that will appeal to first home buyers, families and investors alike.
This lovely residence features an open plan living and dining quarter which makes entertaining a breeze. The kitchen is contemporary in design and function and features high end Technika stainless steel appliances, ample storage room and beautiful stone benchtops for that added touch of luxury.
The living quarters, which are air conditioned, seamlessly flow into the alfresco space outside which is covered and prime for summertime entertaining. This patio area overlooks a lush green grassed area which is tastefully landscaped.
Back inside, the home boasts 4 spacious bedrooms, each with ceiling fans and built in robes and the master suite has the added convenience of air conditioning for your comfort during the warmer months. The master bedroom also features a walk in robe and a contemporary ensuite with a stone vanity top and feature designer tiling in the shower. The main bathroom is equally as impressive and showcases quality fixtures and fittings, a stone top vanity and a bathtub as well as a separate shower for your convenience.
A double lock up garage is attached to the home and completes the picture in this lovely residence that is located within close proximity to schools, shops and transport as well as infrastructure that is forever expanding in this neck of the woods and the Logan precinct in general. The Logan and Gateway Motorways are within close reach and provide easy access to the CBD, Gold Coast, Sunshine Coast and Toowoomba. This lovely residence is now open for inspection.
Notable Features and Inclusions
- Home is only 5 years young
- 4 bedrooms, all built in
- Master boasts aircon, WIR and ensuite
- Airconditioned open plan living
- Kitchen features high end Technika stainless steel appliances
- Modern family bathroom
- Internal laundry with storage cupboards and external door
- Stone benchtops in kitchen and bathrooms
- Air conditioning in main living area
- Ceiling fans throughout
- Recessed lighting
- Covered outdoor alfresco dining area
- Double lock up garage with internal access
- 400m2 block in quiet street
- Close to schools, shops, transport and motorways
- Tenanted January 2024 @ $415 per week, however vacant possession can be provided earlier if you wish to move in
- Rates approx. $900/qtr inc water
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Chris Gilmour, Avenue Property — reproduced as published, not verified by Districts.