Property Details for 24 Farmer Pl, Park Ridge
24 Farmer Pl, Park Ridge is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2020. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (April 2021)
THE ESSENCE' ESTATE PARK RIDGE - DUAL OCCUPANCY
positioned right in the middle of everything Park Ridge has to offer! This estate is designed for a better lifestyle, it's unique and well planned. If you prefer the smaller more boutique sized estates then this one is for you! This lifestyle focussed estate offers you all the things you need and all the things you want. There is every kind of school, all kinds of shopping, including Grand Plaza just close by. In fact you can be there in just under 10 mins driving time! This major shopping centre offers you a variety of the major supermarkets, retail stores, cinema and family restaurants. It is just 28 mins drive to Brisbane CBD and 30 mins to the Brisbane airport, just 1 hour to the Gold Coast attractions.
Please note that the predicted capital gain is 10% - the rental income yield currently is around 6%- a good investment property!
Ask for our reports on predicted growth!
Land details: Lot 33 in "The Essence" - Stage 1: size: 400m2 Price: $231,000 Registered
Dual Occupancy
Total of: 5 beds, 3 baths, 2 cars
Size: 210.3m2 Build Price: $320,435
Dwelling 1: 3 beds, 2 baths, 1 car
Dwelling 2: 2 beds, 1 bath, 1 car
Rental estimate: see letter: $620 to $680 per week combined income
Inclusions: Full list attached
Fixed Price - Turn key contract: $551,435
Two contract purchase - Land plus HIA Building contract
EOI to hold plus $1000 deposit refundable - so no risk
21 days for finance approval - land settlement 35 days from date of contract or 14 days from finance approval
5% deposit paid on unconditional for Building Contract - progressive drawdowns on Construction Loan
FOR SALE: $551,435
Kaye Tilley 0418 823 046
john tilley 0417 04 14 24
Property History for 24 Farmer Pl, Park Ridge, QLD 4125
- 08 Feb 2020Listed for Sale $551,435
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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 2016 was 2503 people. By 2021 the population was 8455 showing a population growth of 237.8% in the area during that time. The predominant age group in Park Ridge is 20-29 years. Households in Park Ridge are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Park Ridge work in a machinery operators and drivers occupation.In 2021, 46.00% of the homes in Park Ridge were owner-occupied compared with 74.50% in 2016.
Park Ridge has 6,714 properties. Over the last 5 years, Houses in Park Ridge have seen a 116.41% increase in median value, while Units have seen a 149.18% increase. As at 28 February 2026:
- The median value for Houses in Park Ridge is $956,769 while the median value for Units is $899,455.
- Houses have a median rent of $630 while Units have a median rent of $490.
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