Suburb Profile Report for Park Ridge QLD (4125)

Park Ridge House: Median price $453,500, Annual capital growth -2.27%, Number of sales 92, Weekly median advertised rent $390

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Park Ridge is in the TOP 30% in QLD when comparing median price capital growth over the last year. Park Ridge gave property investors a good capital gain figure when compared to the rest of the state, with 5.59%.

When looking at the potential capital gains offered to property investors over the last 3 years, Park Ridge comes in at number 849th in QLD.

Park Ridge, 4125 is offering QLD ‘s 691th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.

Residents and property investors in Park Ridge have been waiting around 116.659 days to sell a property.

Park Ridge, 4125’s gross rental yield is 4.47%

Metrics i HOUSE UNIT
$453,500 N/A
1.06% N/A
5.59% N/A
-2.27% N/A
$390 N/A
92 N/A
4.47% N/A
116.659090909091 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 2328
Median household income ($/weekly) 666
Median age of persons 54
Median housing loan repayment ($/monthly) 1733
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 228 9.8
    45-54 years 277 11.9
    55-64 years 370 15.9
    65-74 years 450 19.3
    75-84 years 269 11.6
    Others 734 31.5
    Age Group
    Census Count Percent(%)
    Registered Married 990 53.5
    Not Married 744 40.2
    Defacto Relationship 116 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1444 66.6
    New Zealand 33 1.5
    Papua New Guinea 121 5.6
    United Kingdom 267 12.3
    Other 145 6.7
    Others 157 7.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1567 75.3
    No Religion 407 19.5
    Buddhism 74 3.6
    Other Religious Groups 21 1.0
    Islam 13 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 103 11.9
    $400-$599 223 25.8
    $600-$799 111 12.8
    $800-$999 91 10.5
    $1,500-$1,999 65 7.5
    Others 272 31.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1027 54.8
    Employed, worked full-time 523 27.9
    Employed, worked part-time 238 12.7
    Unemployed, looking for work 44 2.3
    Employed, away from work 42 2.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 85 10.6
    Technicians & trades workers 150 18.7
    Clerical & administrative workers 139 17.3
    Machinery operators & drivers 96 12.0
    Labourers 109 13.6
    Others 223 27.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 137 42.3
    Secondary 106 32.7
    Technical or Further Educational Institution 33 10.2
    University or other Tertiary Institutions 22 6.8
    Other type of educational institution 14 4.3
    Others 12 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2074 95.6
    Caravan, cabin, houseboat 81 3.7
    Flat, unit or apartment 14 0.6
    Semi-detached, row or terrace house, townhouse 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 613 65.5
    Rented 178 19.0
    Being purchased 138 14.7
    Other tenure type 7 0.7
    Tenure Type
Census 2011, ABS
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