48 Merino St, Park Ridge is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 469m2 and floor size of 218m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 5 bedroom House sold in Park Ridge in the last 12 months.
In the popular and growing Madison Park Estate, this dual occupancy property is not one you want to miss out on.
With amazing tenants in place it is a definite set and forget investment opportunity. Just some of the many property features include:
- 469m2 fully fenced
Side A
- Master with built in robes and ensuite & air-conditioning
- 2 bedrooms with built in robes
- Tiled open plan family, dining and kitchen with air-conditioning
- Separate toilet
- Ceiling fans throughout
- Covered outdoor entertaining area
- Fully fenced low maintenance yard
- Single automatic garage with laundry space
- Currently tenanted until April 2027
Side B
- 2 bedrooms with built in robes and air-conditioning in main
- Open plan tiled family, dining and kitchen
- Air-conditioning in the living area
- Ceiling fans throughout
- Single lock up garage
- Fully Fenced low maintenance yard
- Currently tenanted until September 2027
The photos of the inside of the property are of when they were vacant.
Disclaimer:
We have in preparing this information, used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein.
The size of Park Ridge is approximately 16.8 square kilometres. There are 10 parks, covering nearly 0.8% of the 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 6,775 properties. Over the last 5 years, Houses in Park Ridge have seen a 108.78% increase in median value, while Units have seen a 117.92% increase. As at 31 May 2026:
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