OFF MARKET

3703 Mount Lindesay Highway
Park Ridge QLD 4125

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 42m2
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Last updated 30 Sep 2024
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Property Details for 3703 Mount Lindesay Hwy, Park Ridge

3703 Mount Lindesay Hwy, Park Ridge is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 42m2.

Building Type
Unit
Year Built
1998
Land Size
42m2
Local Government
Logan City

Last Listing description (June 2021)

This is a great first home or that hard to find investment, properties like this at this price will not last long.

Peaceful neighbourhood
This studio unit would be ideal for a single person or a couple. The unit is security screened, the bedroom has a built in robe, ceiling fan and the unit is tiled throughout.

Air-conditioning
Dining / Kitchen: Double sink good amount of bench space with new electric oven, cook top & range hood.
Entertainment Area: BBQ.
Exclusive Single Carport
Internal Laundry Built into cabinet
Area 30m2 + Exclusive carport
Walking distance to schools, Doctors, day care, eateries, Woolworth's and 100m to New Park Ridge Shopping Centre & bus station this property will provide convenience for everyone to enjoy.
These studio units are always rented and achieving $240 per week with the potential for an increase. Body Corporate approx $310 per Quarter. Council rates approx $340 per Quarter.
What does that mean for you? A fantastic return! Please contact Josephine on 0491 104 325 for inspection.

Property History for 3703 Mount Lindesay Hwy, Park Ridge, QLD 4125

A timeline of how this property has performed in the market
Listed for Rent
$250/w
15 Aug 2019
  • 18 Feb 2020
    Listed for Sale Offer from 110K
  • 31 Jul 2019
    Listed for Rent $250 / 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 6,296 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.