OFF MARKET

8 Mercy Circuit
Park Ridge QLD 4125

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 181m2
Land area: 350m2
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Property Details for 8 Mercy Cct, Park Ridge

8 Mercy Cct, Park Ridge is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 350m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
House
Year Built
2019
Floor Size
181m2
Land Size
350m2
Local Government
Logan City
Lot/Plan
13/SP301345

Last Listing description (May 2019)

Embrace the Future of Park Ridge.
'The Park Ridge Scheme Amendment Area presents an immensely valuable opportunity to develop a sustainable new structure planned community in the heart of Queensland's rapidly growing south-east corner.'- Logan City Council Planning Report.
The face of Park Ridge is changing. It's a launch pad for the future of infrastructure, business and state of the art amenities; a place bustling with industry and new opportunities.

Convenience is key to any location, and Park Ridge has it all. Located in the rapidly developing corridor between Brisbane and Surfers Paradise, Park Ridge is halfway between the two hubs of commerce, with easy transport connections between the two. Loganlea Rail Station is only minutes from this estate, a high-frequency station with express links to Beenleigh, the Gold Coast, and ideally suited for access to Brisbane at only 28 km away.
Residents can enjoy the extensive landscaped parks and waterways of the sprawling surroundings, or take advantage of the coastal playground of the Gold Coast just a short distance away.
Surrounded by a beautiful natural landscape, this estate is ideally positioned at the heart of one of Australia's fastest growing corridors, giving residents the full advantage of today's booming economy. The master plan provides a unique vision for South East Queensland for the next 20 years, focusing on an integrated community of urban infrastructure with extensive parks and amenities.
Location Features:
Park Ridge State Primary School- 7min drive
Logan Indoor Sports Centre- 10min drive
Loganlea Train Station- 10min drive
QLD TAFE- 14min drive
Grand Plaza Shopping Centre- 14min drive
Logan Hospital- 14min drive
Brisbane CBD- 35min drive
Brisbane International Airport- 38min drive
Take advantage of this dual key home which provides flexible opportunities for first home buyers, smart investors, retirees, downsizing or those wanting a lifestyle change.
Dual key homes offer:
Higher rental returns
Lower costs
Stamp duty savings
Larger rental market
2 dwellings with 2 keys meaning 2 incomes
Unlimited options to live, work, share and rent.
THERE ARE LIMITED DUAL KEY OPTIONS AVAILABLE
For more information or to book an obligation free property information session, contact Roy Halabi (0414 622 422) or email info@gpsnetwork.com.au

Property History for 8 Mercy Cct, Park Ridge, QLD 4125

A timeline of how this property has performed in the market
Last Sold
$438,000
12 Mar 2019
Listed for Rent
$400/w
08 Oct 2019
  • 16 Aug 2019
    Listed for Rent - Price not available
  • 20 May 2019
    Listed for Sale Under $540k
  • 13 Apr 2019
    Listed for Sale Fixed Price Dual Key: $539,980
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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 6,281 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 77 properties listed for sale, and 38 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 319 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.