OFF MARKET

22 Wicker Road
Park Ridge QLD 4125

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 111m2
Land area: 575m2
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Property Details for 22 Wicker Rd, Park Ridge

22 Wicker Rd, Park Ridge is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 575m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
2016
Floor Size
111m2
Land Size
575m2
Local Government
Logan City
Lot/Plan
104/SP284094

Last Listing description (December 2021)

The Mark Pickles Team at Harcourts Solutions is proud to present an almost new dual key tenanted property to market.

Slightly unusual in that one half of this duplex has four bedrooms (three is the norm) whilst the neighbour enjoys two bedrooms, we have here a six bedroom capability.


On the edge of a new estate and with the area set for growth over the coming years, Park Ridge lends itself to access the north-south travel routes or out towards the Logan/Ipswich corridor.

Low-set brick with easily maintained yards and interiors, with a current rental of a combined $650p/week, it is hard to fault this investment opportunity.

For little more than one might pay for a 4 bedroom house, this property offers flexibility of two rents producing income, even when one half of the place is without a lease in place (helps to soften the blow if the tenants move out!)

Alternatively, this would be an ideal multi-generational purchase, allowing a family to move into one side whilst being able to accommodate granny and grandad/teenagers in the other side, more affordable than picking up acreage for the same reasons!

With the current demand for land and homes in SE Queensland being as strong as it is, we do not expect this place to last long regardless of the type of buyer you areso don't delay, call me today!


Call Mark today to book your inspection or to learn more.

Property History for 22 Wicker Rd, Park Ridge, QLD 4125

A timeline of how this property has performed in the market
Last Sold
$540,000
23 Mar 2021
  • 07 Dec 2021
    Listed for Sale For Sale
  • 23 Mar 2021
    Sold for $540,000
  • 12 Mar 2021
    Listed for Sale For Sale
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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 6,296 properties. Over the last 5 years, Houses in Park Ridge have seen a 82.74% increase in median value, while Units have seen a 74.31% increase. As at 31 August 2024:

  • The median value for Houses in Park Ridge is $771,149 while the median value for Units is $638,901.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 77 properties listed for sale, and 32 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 323 properties were sold in the past 12 months in Park ridge.

Suburb Insights for Park Ridge 4125

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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.