Park Ridge South at a glance
1,717
People
$1,400,000
Median sale
$725/wk
Median rent
2.69%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
QLD › Park Ridge South › Thylungra Rd
$499,000
Last sold
19 May 2020
4
Bedrooms
2
Bathrooms
1
Car spaces
4,465 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
$499,000
19 May 2020 · derived via latest_sale
Local land rate: recorded House sales in Park Ridge South (last 5 years) with land size have a median of $129/m² of land (n=7). Districts calculation from recorded sales — not a valuation.
Park Ridge South at a glance
1,717
People
$1,400,000
Median sale
$725/wk
Median rent
2.69%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Park Ridge South
-64.4%
Median sale
Suburb $1,400,000
+4.87 pp
Gross yield
Suburb 2.69%
Suburb median $1,400,000 from 5 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 $725/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 South at a glance
1,717
People
$1,400,000
Median sale
$725/wk
Median rent
2.69%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertyThis enchanting property is nestled on a gorgeous, fully fenced 4465m2 block in a premier position with dual street access and is an outstanding example of acreage living in Park Ridge South.
The Home - a welcoming entrance invites you into a property full of memories. The floor plan, designed with function and simplicity in mind, features timeless decor and an abundance of light throughout. Entering into a spacious living area, you immediately feel a sense of being amongst nature with such serene views.
The Kitchen, with monochromatic modern tones and clean lines, is ideally positioned within views to outside and shares space with a large tiled dining area featuring a beautiful bay window.
Heading down the hallway, you'll find 3 good sized bedrooms, all with built-in wardrobes and an additional room perfect for an office, study or babies room. The large master bedroom features a modern ensuite and beautiful bay window.
Your stunning bathroom is comfortably nestled in from the hall and oozes beautiful natural light. Outstanding fixtures and fittings and a clean elegant design complete this space.
Outside - acreage living is all about the outside - and this beautiful space is designed with nature in mind. A wonderful veranda wraps around into an alfresco area situated at the side of the home and is enveloped beautifully by native flora and fauna. Undoubtedly the ideal space to make many of your own memories with family and friends here.
The added bonus of this block is the layout, as an additional entrance provides exceptional opportunities for large vehicle entry or perhaps building a Granny Flat with private entrance (subject to council approval).
192 Merluna Rd cnr Thylungra Road features:
3 Bedrooms and additional study or 4th bedroom
Main bedroom with ensuite and robes
Large bathroom
Modern kitchen, including dishwasher
Adjacent dining room
Large laundry
Alfresco covered entertaining area
Single enclosed carport
Dual street access
Large fully fenced 4465m2 corner block
DISCLAIMER:
- Due to buyer demand, this amazing property may have sold in the preceding 24 hours of the advertised 'open home'. Therefore confirmation of the open home with either Melissa or Michael is recommended;
- All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Due to the currently unfolding COVID-19 situation, for the health and safety of all concerned, this properties available to view by private inspection only.
Extra private viewing times are available to accommodate in every way possible.
Listing description written by ALL PROPERTIES GROUP, Avenue Property — reproduced as published, not verified by Districts.
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