FOR SALE
Auction

1 & 2/13 Gem Circuit
Park Ridge QLD 4125

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
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Desirable Dual-Living or Income-Producing Asset - the Choice is Yours!

Whether you are seeking multi-generational living or a potential pathway to offset your mortgage, this light-filled, dual key duplex will more than meet the brief. Tastefully presented across a single level, it offers flexibility, comfort and independence. Each is privately accessed, with the first unit spanning 130m2 and featuring four bedrooms and two bathrooms. Unit two covers an easy-care 92m2 with two bedrooms and one bathroom. Additionally, both are airconditioned and boasts their own open plan kitchen, living and dining zone, laundry, alfresco patio, and single garage.
Located just off the Mount Lindesay Highway, Park Ridge is ideally situated approx. 35 minutes from Brisbane and 60 minutes from the Gold Coast. Locals love meeting for a meal at the popular Park Ridge Tavern and benefit from being close to Park Ridge Town Centre, Logan Metro Sports and Events Centre and within a 5km radius of multiple schools. Now is the time to capitalise on a unique home with enticing income potential or room for multi-generational families to thrive. Arrange your inspection today.
Property Specifications:
• Single level, stylish and light-filled dual key duplex
• Ideal for multi-generational living or rent out and offset your mortgage
• Unit 1: 130m2 with four bedrooms, two bathrooms
• Unit 2: 92m2 with two bedrooms, one bathroom
• Each appointed with their own kitchen/living/dining zone, laundry, alfresco patio and single garage
• Split system air-conditioning units and ceiling fans
• 4km from Park Ridge Town Centre and Park Ridge Tavern, 5.5km from Logan Metro Sports and Events Centre
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Property Details for 1 & 2/13 Gem Cct, Park Ridge

1 & 2/13 Gem Cct, Park Ridge is a 5 bedroom, 3 bathroom House with 2 parking spaces. The place is currently for sale with COASTAL °.

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About Park Ridge 4125

The size of Park Ridge is approximately 16.8 square kilometres. It has 10 parks covering nearly 0.8% 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.

Park Ridge has 6,298 properties. Over the last 5 years, Houses in Park Ridge have seen a 80.95% increase in median value, while Units have seen a 83.20% increase. As at 30 September 2024:

  • The median value for Houses in Park Ridge is $769,477 while the median value for Units is $645,171.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 77 properties listed for sale, and 34 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 351 properties were sold in the past 12 months in Park ridge.

Suburb Insights for Park Ridge 4125

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Nic Mckewin
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COASTAL °
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.