Lot 22 - Bumstead Road - Park Ridge

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us*

Park Ridge is a fast-growing suburb in the City of Logan, around 35 km south of the Brisbane CBD. It is known for its mix of modern housing estates, semi-rural surroundings, and family-friendly lifestyle. The suburb has become popular with first-home buyers and young families because it offers more affordable housing compared to inner Brisbane while still providing access to major roads like the Mount Lindesay Highway.

Park Ridge has experienced significant population growth in recent years, growing to more than 8,400 residents according to the 2021 Census. The area features a combination of newer residential developments, older acreage properties, parks, and bushland areas, giving it a suburban yet spacious atmosphere. Schools in the suburb include Park Ridge State School, Park Ridge State High School, and Parklands Christian College, making it attractive for families with children.

The suburb’s postcode is 4125, and it falls under the Logan City Council area. Shopping and services are available locally, with larger retail centres nearby in Browns Plains and Logan Central. Public transport is available through bus services, although most residents rely on private vehicles for commuting.

Park Ridge is often described as a growth corridor suburb, with ongoing residential development and infrastructure improvements. Many residents appreciate its quieter lifestyle, community feel, and access to green spaces while still being within commuting distance of Brisbane and the Gold Coast.

• Property Type: Prestige House & Land
• Property Stage: N/A
• Price: $ 956,571.00
• Land Price: $ 549,000.00
• Build Price: $ 407,571.00
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: The Teewah
• Completion: N/A
• Land Size: 375
• Area Size: 172.22
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 650.00
• Est. Body Corp.: N/A
• Title Status: N/A
• Gross Per Week: $ 650.00
• Gross Per Annum: $ 33,800.00
• Gross Yield: 3.53%
• Capital Growth 12 Months: 10.23%
• Capital Growth 10 Year Annualised: 3.67%
• Vacancy Rate: 1.19%