Park Ridge, located within the Logan City region in Queensland, is experiencing a dynamic phase in its housing market. Recently, the area has attracted significant attention due to its potential for growth and development. With several new residential projects underway, Park Ridge is transitioning from its semi-rural roots into a more suburban environment, appealing to young families and first-time homebuyers looking for affordability compared to the traditional Brisbane market. The housing options in Park Ridge are diverse, ranging from contemporary townhouses to larger family homes with spacious yards. This variety offers something for different buyers, making it an attractive prospect for those looking to invest in a burgeoning community. Recent infrastructure improvements, including better road links and public transport options, have also enhanced its appeal by making commuting to Brisbane and other neighboring areas more convenient.
Living in Park Ridge offers residents a blend of quiet suburban life with the convenience of urban amenities. The area is known for its sense of community, with several parks, recreational areas, and schools, making it particularly appealing for families. Its proximity to the natural beauty of local bushland and the Logan River offers residents outdoor activities and a serene environment to unwind. At the same time, developing shopping centers and cafes provide the necessary lifestyle comforts without the hustle and bustle of a larger urban center. While it maintains a more laid-back and space-intensive lifestyle, Park Ridge continues to evolve with new infrastructure and community initiatives, promising a balanced suburban living experience with growth potential.
Median Weekly Rent | $356.13 |
Median Monthly Mortgage | $1673.40 |
Median Persons Per bed houseroom | 0.79 |
Average Household Size | 2.80 |
Average Age | 38.93 |
Average Income | $745.07 |
Average Cars Per Dwelling | 1.95 |
Average Properties Within 50M | 48 |
Typical 1 bed house | $786,000 |
Typical 2 bed house | $596,000 |
Typical 3 bed house | $758,000 |
Typical 4 bed house | $793,000 |
Typical 5 bed house | $1,214,000 |
Typical 6 bed+ house | $815,000 |
Housing Stock
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Thinking about buying in Park Ridge? Now could not be a better time, with 8047 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $681,000 with prices in this suburb ranging from $163,000 to $11,082,000. The aproximate distance to the coast is 21 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Park Ridge is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Park Ridge changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Park Ridge necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationParklands Christian College
Park Ridge State School
Saint Philomena School
Park Ridge State High School
Regents Park State School
St Francis' College
Crestmead State School
Boronia Heights State School
Yugumbir State School
Marsden State School
(While the above schools are located with the suburb of Park Ridge there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.7 | 19.2 | 32.9 | 40.5 | 95.1 | 1.6 | 25.1 |
Feb | 5.4 | 18.9 | 30.5 | 50.2 | 98.5 | 1.3 | 21.5 |
Mar | 5.4 | 18.0 | 29 | 51.8 | 98.2 | 1.1 | 17.6 |
Apr | 1.4 | 13.6 | 27.8 | 45.7 | 98.9 | 0.9 | 16.3 |
May | 3.9 | 9.7 | 23.9 | 49.4 | 99.5 | 0.7 | 13.6 |
Jun | 1.1 | 6.8 | 22.2 | 47.0 | 98.9 | 0.8 | 12.4 |
Jul | 1.4 | 6.4 | 22.1 | 42.4 | 98.6 | 0.9 | 13 |
Aug | 0.4 | 5.3 | 24.2 | 31.9 | 96.5 | 1.1 | 16 |
Sept | 0.4 | 9.2 | 25.8 | 36.7 | 97.9 | 1.3 | 18.2 |
Oct | 2.3 | 12.7 | 28.9 | 37.6 | 97.1 | 1.4 | 20.2 |
Nov | 0.6 | 14.8 | 31.6 | 33.4 | 95.0 | 1.9 | 26.5 |
Dec | 6.1 | 20 | 31.1 | 48.1 | 95.7 | 1.7 | 20.7 |
source: Australian Government Bureau of Meteorology
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