$902,400
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Lot 40 1 Property 2 Income Rent Estimate $ $ 860/wk, Park Ridge QLD 4125

House and Land Package
532
Block size: 506 m² approx.

Investors Delight 1 property 2 Income - est Yield 5%

Park Ridge has 166 houses available for sale. The median property price for a house is currently $620,000 with annual capital growth of 31.08%. There were 164 house sales in the past 12 months. On average, houses spend 20 days on market.

If you're thinking about buying an investment property in Park Ridge, consider that rental yields for houses are currently
3.88% with an average median rent of $490 weekly. Houses have seen 10.29% growth in the past quarter, and 31.08%
growth in the past 12 months.

The size of Park Ridge is approximately 16.8 square kilometres. It has 8 parks covering nearly 0.7% of total area. The population of Park Ridge in 2011 was 2,328 people. By 2016 the population was 2,509 showing a population growth of 7.8% in the area during that time. The predominant age group in Park Ridge is 70-79 years.

Households in Park Ridge are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Park Ridge work in a trades occupation. In 2011, 77.5% of the homes in Park Ridge were owner-occupied compared with 74.5% in 2016.

3 Bedrooms with BIR
Open plan
Family/Dining/Kitchen
Covered outdoor entertaining
area
Single lock-up garage with
internal entry
Separate family
accommodation with:
2 Bedroom with BIR
Open plan Family/Dining/Wet
bar
Outdoor entertaining area
Single lock-up carport

Inspections

No open inspections scheduled.

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Key details

Bedrooms:
5
Bathrooms:
3
Garage Spaces:
2
Property type:
House and Land Package
Block Size:
506 *

Other Details

Oxbridge Global Real Estate & Projects

Maps and area information

Block information
Block size: 506 (approx)
Block Map
No block information available
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

Looking to compare sales prices?

We found 9 house and land packages with 5 bedrooms that just sold near Lot 40 1 Property 2 Income Rent Estimate $ $ 860/wk Park Ridge

Property history

We couldn't find any history for this property.
See Park Ridge's suburb profile

Park Ridge suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
31 years
Population
8,455
Listing ID: 182065388. This listing has been viewed 8 times. It was first displayed on 06/11/2023 and last updated on 08/11/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.