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Lot 61 - Somerville Circuit - Park Ridge

Park ridge, Logan, QLD, 4125

Lot 61 - Somerville Circuit - Park Ridge

Park ridge, Logan, QLD, 4125

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us*

Park Ridge is a rapidly growing residential suburb in the Logan City, located about 35 km south of Brisbane's CBD. Known for its family-friendly atmosphere, Park Ridge offers a mix of established homes, new housing estates, schools, parks, and local shopping facilities. The suburb has experienced significant population growth due to ongoing residential developments and infrastructure investment, making it a popular choice for first-home buyers and families seeking affordable housing in South East Queensland. According to the 2021 Census, Park Ridge had a population of 8,455 residents with a relatively young median age of 30 years.

Historically a rural area with farming roots, Park Ridge is transitioning into a well-planned urban community. The Logan City Council's Park Ridge Structure Plan guides future development, including new residential areas, employment precincts, parks, waterways, and community facilities. The suburb is expected to continue growing substantially over the coming decades, supported by new infrastructure and community projects.

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Location

  • Address:

  • State/County:

  • Park ridge

  • QLD

  • City:

  • Zip:

  • Logan

  • 4125

  • Area:

  • Country:

  • Park Ridge

  • N/A

Property Details

Property ID:

80044

Price:

$ 1,299,950.00

Land Price:

N/A

Build Price:

N/A

Gross Return:

$ 57,200.00

Gross Yield:

4.40%

Property Size:

237.00

Capital Growth 12 Months:

N/A

Capital Growth 10 Year Annualised:

N/A

Vacancy Rate:

N/A

Property Type:

Dual Occupancy Regional High-Yield Package SMSF Freehold New Build

Property Status:

Weekly Rent:

$ 1,100.00

Rooms :

3+1

Bedrooms :

3+1

Study Rooms :

N/A

Bathrooms :

1+1

Garage :

1+1

Garage Size :

N/A

Storeys :

N/A

Title Status :

N/A

Estate :

[Estate]

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