FOR SALE
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77 Talinga Drive
Park Ridge QLD 4125

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Land area: 1m2
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Prime 1.12ha Park Ridge Site: Ready for Pioneering Residential Development

Exclusive Residential Development Site at 77 Talinga Drive, Park Ridge
Discover an exceptional development opportunity with the property located at 77 Talinga Drive, Park Ridge. This prime land offering, covering 1.12 hectares, is an ideal prospect for developers and investors seeking to make a significant impact in one of Queensland's rapidly growing suburbs.
Key Attributes:
- Extensive Land Size: The 1.12 hectares of land provide ample space for a substantial residential project, whether it be a subdivision or a townhouse development.
- Strategic Location: Nestled in the 'Emerging Community' zone of Park Ridge, this site is perfectly positioned for developments that leverage the suburb's continuous growth and potential.
- Development-Ready: The property is clear of flood assessment and vegetation management restrictions, enabling immediate commencement of development activities.
- Flat Terrain: The level nature of the site ensures maximum utilisation of space for your residential development vision.
Development Opportunities:
- Residential Subdivision: Ideal for crafting a new residential enclave, offering various layout options such as detached houses or grouped dwellings.
- Townhouse Development: The land size and location make it a prime candidate for a townhouse project, meeting the increasing demand for medium-density living in the area.
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Property Details for 77 Talinga Dr, Park Ridge

Building Type
Commercial
Land Size
1m2

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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 6,284 properties. Over the last 5 years, Houses in Park Ridge have seen a 78.99% increase in median value, while Units have seen a 65.85% increase. As at 31 October 2024:

  • The median value for Houses in Park Ridge is $772,840 while the median value for Units is $632,719.
  • Houses have a median rent of $590 while Units have a median rent of $520.
There are currently 78 properties listed for sale, and 41 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 337 properties were sold in the past 12 months in Park ridge.

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