SOLD
Sold on 16 Jul 2024 for $855,000

43 Ryrie Court
Park Ridge QLD 4125

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 406m2
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Property Details for 43 Ryrie Ct, Park Ridge

43 Ryrie Ct, Park Ridge is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 406m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 5 bedroom House sold in Park Ridge in the last 12 months.

Building Type
House
Year Built
2018
Land Size
406m2
Local Government
Logan City
Lot/Plan
18/SP293987

Last Listing description (August 2024)

A dual-key property, built in 2018 on a 406m2* plot in the thriving suburb of Park Ridge, is now on the market. This property is designed to generate maximum income, with two separate properties on one title, allowing you to increase your earnings and manage expenses efficiently. The current rental income for both properties is $900 per week.

The properties are being sold together and include a 3-bedroom unit and a 2-bedroom unit with an open floor plan that creates a spacious, inviting atmosphere. The kitchen is equipped with modern appliances, and ample storage, with stone benchtops.

Unit 1:

- Spacious open plan living/dining and kitchen area opens to a patio
- Modern kitchen with stone bench tops and ample storage space
- Three generous bedrooms, master with ensuite and walk-in wardrobe
- All bedrooms are carpeted and have built-in wardrobes and ceiling fans
- Air conditioning in the living area and master bedroom
- Neat functional bathrooms, ensuite in master
- Security screens on all doors and windows
- Separate laundry
- Secure electric garage with internal access
- Fully fenced backyard
- Rental income of $490pw with lease until June 2025

Unit 2:
Open plan living/dining area kitchen area opening to a porch
- Modern kitchen with plenty of storage
- Two bedrooms, both with built-in wardrobes
- One neat bathroom
- Air-conditioning in the living area and master bedroom
- Security screens and ceiling fans throughout
- Secure remote-controlled garage
- Fully fenced backyard
- Rental Income of $410pw with lease until June 2025

This property is strategically located near ongoing developments, offering great potential for future growth. Enjoy the convenience of the new Woolworths shopping complex and the NEW Park Ridge State School is just a 2-minute drive away. Quick access to the Logan & Gateway Motorways makes commuting to Brisbane CBD, the airport, Sunshine Coast, and Gold Coast a breeze.

Don't miss out on this exceptional investment opportunity - call now to schedule an inspection!

Disclaimer: Virtual Furniture is used for illustrative purposes only.

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Property History for 43 Ryrie Ct, Park Ridge, QLD 4125

A timeline of how this property has performed in the market
Last Sold
$855,000
16 Jul 2024
  • 16 Jul 2024
    Sold for $855,000
  • 05 Jul 2024
    Listed for Sale For Sale
  • 14 Dec 2017
    Sold for $220,000

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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 6,287 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 75 properties listed for sale, and 42 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in Park ridge.

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