3 Nevada Road, Park Ridge, QLD 4125 | Property Value & History | OnTheHouse
OFF MARKET

3 Nevada Road
Park Ridge QLD 4125

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 468m2
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Property Details for 3 Nevada Rd, Park Ridge

Building Type
Land
Land Size
468m2
Local Government
Logan City
Lot/Plan
41/SP305033

Last Listing description (December 2020)

Delivering the best value home & land packages in South East Queensland.

INVESTORS, two income producing properties on one title and a high rental yield, along with the low outgoings. This usually means that the property will be positively geared from day one. A Dual Living Home will continue to outperform standard investment properties that offer accommodation for one tenant.

LARGE FAMILIES requiring four plus bedrooms as well as extra families living, this arrangement could be perfect. If the children can't afford to move out on their own or if aged parents need looking after, Dual Living Homes are the answer.

FIRST HOME BUYERS could be eligible for the Queensland Government First Home Buyers Grant. Dual living homes can relieve their mortgage stress by having an additional source of income from renting one of the dwellings.

Located in a quiet back pocket of Logan City, you'll enjoy all the benefits of living just minutes from established schools, shopping centres, and recreational facilities. Just 15 minutes from the M1, residents have the freedom to spend weekends by Gold Coast beaches or dining in Brisbane city. Charming local cafs and lush green parks provide a range of activity for the whole family to enjoy. Despite its country feel, connectivity at Nevada is simply unparalleled.

Full Turnkey Classic Auxiliary Design
Main Dwelling: 3 Bed, 1 Bath, Single Garage
Auxiliary Dwelling: 2 Bed, 1 Bath, Single Garage
Land size: 468m2 Land Price: $235,000
Dwelling Size: 210.23m2 Build Price: $310,500
FIXED PRICE CONTRACT: $545,500

RENTAL ESTIMATE: $620 to $680 per week combined
Dwelling 1: $350 to $380 per week - Dwelling 2: $270 to $300 per week

Completing an expression of interest and an initial deposit of $1,000 will secure this property

For further information contact us today
John Scanlan - 0407 375 932
www.assetpropertypartners.com.au

Property History for 3 Nevada Rd, Park Ridge, QLD 4125

A timeline of how this property has performed in the market
Last Sold
$230,000
21 Apr 2020
  • 05 Aug 2020
    Listed for Sale $545,500
  • 21 Apr 2020
    Sold for $230,000
  • 21 Sep 2019
    Listed for Sale $545,500
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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 6,737 properties. Over the last 5 years, Houses in Park Ridge have seen a 115.81% increase in median value, while Units have seen a 131.00% increase. As at 30 April 2026:

  • The median value for Houses in Park Ridge is $983,798 while the median value for Units is $878,219.
  • Houses have a median rent of $640 while Units have a median rent of $510.
There are currently 89 properties listed for sale, and 26 properties listed for rent in Park ridge on OnTheHouse. According to Cotality's data, 523 properties were sold in the past 12 months in Park ridge.

Suburb Insights for Park Ridge 4125

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.