13 Mount Pleasant StreetPark Ridge QLD 4125
Property Details for 13 Mount Pleasant St, Park Ridge
13 Mount Pleasant St, Park Ridge is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2017. The property has a land size of 300m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Last Listing description (July 2020)
Investors! This is a faultless opportunity to start or expand your property portfolio! Just 3 years old with plenty of depreciation to be had, this fantastic property has had one happy and conscientious tenant since 2017, with a current agreement in place until April 2021.
Even the shrewdest and risk-adverse will agree, this is a proven performer producing excellent returns with fantastic depreciation benefits! You're looking at a highly desirable near-new home in a booming development hot spot, bringing new families and businesses to the area ensuring steady rental prices and property values.
This clever investment is a quintessential 4 bed 2 bath lowset brick and tile home, with abundant living space accentuated by a modern, crisp palette. The modern-day must haves and creature comforts are all accounted for, including air conditioning, built in wardrobes, ceiling fans, gas cooktop, dishwasher and more so you can forget constant maintenance requests, property upgrades, and lengthy vacancy times, this is a true set-and-forget investment!
At a glance:
- Currently returning $405p/w
- Agreement in place until April 2021
- Approx 3 years old
- High growth area
- Priced to SELL!
The numbers stack up on this one! Contact Michael to chat about how this property will perform for you!
Property History for 13 Mount Pleasant St, Park Ridge, QLD 4125
- 19 May 2020Sold for $338,800
- 28 Apr 2020Listed for Sale $349,000
- 11 Sep 2017Listed for Rent $400 / week
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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 6,254 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.
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