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Park Ridge, QLD 4125

Home » QLD Real Estate Data » Logan City, QLD » Park Ridge, QLD 4125

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Park Ridge, QLD 4125 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Park Ridge, QLD 4125”

  1. The total adult population (15 years or older) of Park Ridge 4125 QLD is 6,585, with a median age of 30. Of those, 42.54% are married, 11.62% are divorced or separated, 41.32% are single and 4.51% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $6,528. The median monthly mortgage repayment for households in this suburb is $1,733 which is 26.55% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Park Ridge, post code 4125, located in Queensland, Australia, is a sizeable community with an estimated 5,275 households. As of Q3 of 2023, the typical price for houses in Park Ridge 4125 stands at $645,317, with a median weekly rent estimated at $494. These figures combine to produce an indicative yield of approximately 3.98%, which is well above the market requirement of 3%.

    Park Ridge boasts a socio-economic score (IRSAD) of 937 out of 1217, suggesting a reasonably balanced socio-economic status within the suburb. There is an equilibrium in the locality when it comes to the ownership structure with a renter to owner ratio sitting at around 50%. The units to houses ratio is only 3% which is highly favourable as it ensures low market saturation by rental units, which works to maintain the suburb’s appeal.

    However, the suburb’s affordability index is slightly on the higher end at 39 years, implying that it might take a potential home buyer approximately 39 years to fully own a property. This factors in variables such as current interest rates, median family income, and typical property prices in the area and may highlight a decreased affordability in the area.

    The stock on the market percentage for houses is approximately 0.99%, which is a neutral figure, signifying a balanced supply level. Similarly, the inventory level, often considered as months of supply, is 4.99 months which again is a moderate supply market situation.

    The building approvals ratio for houses in Park Ridge is relatively high at 5.17%, hinting at an increased supply of new dwellings in the market, which may lead to some pressure on price growth. However, the days on market (DoM) for houses is minimal at 4 days, indicating a high demand.

    The vacancy rate, including both houses and units, is very low at 0.95%. This represents a high demand which can be ideal for property investors. Furthermore, the buy search index for houses in Park Ridges appears to be neutral at 4.

    In conclusion, while the affordability may be slightly lower in the Park Ridge housing market, several other key metrics like an impressive yield, low units to houses ratio, short days on market and low vacancy rate make this suburb a sturdy consideration for property investments and buyers. Examination of market trend alongside these metrics is advisable for well-rounded investment decision, taking into consideration that metrics like Relative Composite Score (RCS) by HtAG Analytics can automate this multivariable research to streamline the process.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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