3 Mount Crosby StreetPark Ridge QLD 4125
Property Details for 3 Mount Crosby St, Park Ridge
3 Mount Crosby St, Park Ridge is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 400m2 and floor size of 216m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (April 2025)
This modern dual-income property presents a fantastic investment opportunity in the rapidly growing suburb of Park Ridge. Positioned on a 400m block, the property features two well-maintained units, both currently leased, providing a solid income stream.
Unit 1 offers 3 spacious bedrooms, 2 stylish bathrooms, and a single lock-up garage. The unit also benefits from air-conditioning in both the living space and the main bedroom, ensuring comfort all year round.
Unit 2 features 2 bedrooms, 1 bathroom, and its own lock-up garage, with air-conditioning in the living space for added convenience. Both units are equipped with ceiling fans throughout for year-round comfort.
Each unit is complemented by private, low-maintenance yards, perfect for tenants who enjoy outdoor space without the upkeep. With a combined rental income of $980 per week, this property is an excellent choice for investors seeking reliable returns.
Built in 2022, the property is in excellent condition and offers a modern, low-maintenance design. Ideally located with easy access to local amenities, schools, parks, and public transport, this dual-income property provides significant growth potential in one of Park Ridge's most desirable locations.
Don't miss this outstanding opportunity to add a high-quality, income-generating asset to your portfolio.
Property History for 3 Mount Crosby St, Park Ridge, QLD 4125
- 05 Mar 2025Sold for $910,000
- 19 Feb 2025Listed for Sale Offers Over $915,000
- 14 Oct 2020Listed for Rent $350 / week
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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 6,720 properties. Over the last 5 years, Houses in Park Ridge have seen a 119.34% increase in median value, while Units have seen a 139.82% increase. As at 31 March 2026:
- The median value for Houses in Park Ridge is $978,111 while the median value for Units is $919,264.
- Houses have a median rent of $640 while Units have a median rent of $510.
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