Lot 8 - Royal Street - Park Ridge

Description

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Park Ridge is a thriving suburb about 34 km south of Brisbane, falling within Logan City. With a population now exceeding 8,400 and expanding rapidly, it blends leafy, semi-rural charm with a clear push towards urban growth. The area features a mix of housing—from spacious acreage to compact family lots—set among bush reserves and creek corridors, offering strong appeal to families and professionals alike.

Amenity offerings include a growing town centre anchored by Coles and Woolworths, multiple schools such as Park Ridge State School, State High School, Parklands Christian College, and the upcoming Corymbia State School. Recreational spaces like Hubner Park and Park Ridge District Park are woven throughout the suburb, alongside new playgrounds, walking trails, and expanded sports facilities.

Major infrastructure investments—such as the Mt Lindesay Highway upgrade, Chambers Flat Road improvements, and the future Park Ridge Connector—are underway to support a projected 25,000 new residents and 12,000 homes in the next two decades. These transport enhancements will improve access to Brisbane, Logan Central, and the Gold Coast.

The housing market is solid: median house prices stand near A$782,000, with steady annual growth around 9–10%, and generous rental yields close to 4%. Units are more affordable (median ~$390,000) though reported tighter recent growth. The appeal for first-home buyers and investors is evident—one recent purchaser entered the market sub-$500K and has since seen property values double .

In essence, Park Ridge offers a compelling blend of lifestyle, community, and growth—making it a prime destination for families, commuters, and investors looking for value on Brisbane’s fringe.

• Property Type: House and Land
• Property Stage:
• Price: $ 900,500.00
• Land Price: N/A
• Build Price: N/A
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: 1
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: 1
• Floor Plan:
• Completion: Completred
• Land Size: 325
• Area Size: 212.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 650.00
• Est. Body Corp.: N/A
• Title Status:
• Gross Per Week: $ 650.00
• Gross Per Annum: $ 33,800.00
• Gross Yield: 3.75%
• Capital Growth 12 Months: 10.23%
• Capital Growth 10 Year Annualised: 3.67%
• Vacancy Rate: 1.19%