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 › Wang St
4
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
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
No recorded sale price for this property yet.
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.
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 Ray White IMS6 Wang Street, Park Ridge is a modern, low-maintenance property offering strong rental appeal in one of South-East Queensland's fastest-growing locations. With quality tenants in place, this contemporary 4-bedroom home is the perfect addition to your portfolio. Currently tenanted until 10th November 2025 @ $600 p/w
Built for easy living, the property features a functional open-plan layout with tiled living and dining zones, a modern kitchen with stone benchtops and stainless-steel appliances, and seamless indoor-outdoor flow to the covered alfresco area. All four bedrooms are well-sized, with the master offering a private ensuite and walk-in robe, while the other three are serviced by a sleek central bathroom.
Set on a low-maintenance 384m2 block in a quiet, family-friendly estate, this home requires minimal upkeep and is located within easy reach of schools, shops, parks and public transport - making it highly appealing to a wide tenant base.
Property Highlights
• 4 bedrooms, 2 bathrooms, 2-car remote garage
• Currently tenanted - 10/11/2025 @ $600p/w
• Rental appraisal - $600 - $650 p/w
• Low-maintenance 384m² block in a quiet, modern estate
• Contemporary kitchen with stone benches & dishwasher
• Covered outdoor entertaining & fenced backyard
• Air conditioning, ceiling fans, security doors
• Minutes to schools, shops, highways, and amenities
• Located in a high-demand growth suburb with strong rental demand
APPROX. LOCATION
- 5 minute drive to the NEW Woolworths development
- 4 minute drive to the NEW Corymbia State School
- 10 minute drive to Park Ridge Town Centre
- 10 minute drive to Park Ridge State School and Park Ridge State High School
- 5 minute drive to St Philomena School - 18 minute drive to Grand Plaza Shopping Centre
- 20 minute drive to Logan Hospital & Train Station - 43 minute drive to Brisbane CDB
This is a smart, stress-free investment in a location primed for future capital growth. Act now to secure a property that ticks all the boxes!
Disclaimer: All information provided in this write-up is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence.
The images used in this listing are previous rental photos and may not necessarily represent the current condition of the property.
Listing description written by Leanne Brown, Ray White IMS — reproduced as published, not verified by Districts.