6 Mount Wheeler Street, Park Ridge, QLD 4125 sold on 07 May 2025 | OnTheHouse
SOLD
Sold on 07 May 2025 for $941,000

6 Mount Wheeler Street
Park Ridge QLD 4125

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 215m2
Land area: 400m2
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Property Details for 6 Mount Wheeler St, Park Ridge

6 Mount Wheeler 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 400m2 and floor size of 215m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 5 bedroom House sold in Park Ridge in the last 12 months.

Building Type
House
Year Built
2021
Floor Size
215m2
Land Size
400m2
Local Government
Logan City
Lot/Plan
48/SP305876

Last Listing description (June 2025)

Welcome to 6 Mount Wheeler Street - a premium dual-key investment in the heart of Park Ridge, offering strong returns and long-term tenants already in place. Positioned in one of South-East Queensland's fastest-growing corridors, this luxury dual occupancy property presents excellent potential for capital growth and increased rental yields.

Property Overview

This dual key residence features two self-contained units under one roof:

Unit 1: 3 Bedrooms | 1 Bathroom | 1-Car Garage

Unit 2: 2 Bedrooms | 1 Bathroom | 1-Car Garage

Current Rental Income:

Total: $920 per week
Potential: $1,020 per week

Council Rates: Single charge (no duplication)

Body Corporate: None

Unit 1 - Spacious & Stylish Living
(3 Bed, 1 Bath, 1 Garage)

- Living: Open plan living/dining with access to private porch
- Kitchen: Sleek design with generous storage
- Bedrooms: Three spacious rooms with built-in robes
- Comfort: Air conditioning (living & master), ceiling fans
- Bathroom: Neat and functional layout
- Garage: Remote lock-up with internal laundry access
- Outdoor: Fully fenced and landscaped for privacy
- Extras: LED lighting throughout

Tenancy: $510/week | Lease to 21/01/2026

Rental Potential: $560/week

Unit 2 - Modern & Low-Maintenance
(2 Bed, 1 Bath, 1 Garage)

- Living: Open plan living/dining with access to private porch
- Kitchen: Sleek design with generous storage
- Bedrooms: Two spacious rooms with built-in robes
- Comfort: Air conditioning (living & master), ceiling fans
- Bathroom: Neat and functional layout
- Garage: Remote lock-up with internal laundry access
- Outdoor: Fully fenced and landscaped for privacy
- Extras: LED lighting throughout

Tenancy: $410/week | Lease to 06/02/2026

Rental Potential: $460/week

Location Highlights

Everything your tenants need within minutes:

- Corymbia State School - 3 min
- Childcare Centres - 3 min
- East Beaumont Park - 3 min
- New Woolworths & Specialty Stores - 3 min
- Park Ridge Town Centre - 7 min
- Saint Philomena School - 4 min
- Browns Plains Grand Plaza - 16 min
- Logan Hospital & Train Station - 16 min
- Brisbane CBD - 35 min drive

Additional Features

- Separate electricity meters and letterboxes
- Split-system air conditioning
- Fly screens throughout
- Landscaped gardens
- Exposed aggregate driveway

Enquire Now
To request financials, further information, or arrange a private inspection, get in touch today. Don't miss your chance to secure a high-yielding, low-maintenance investment in a booming location.

Disclaimer:
We have endeavored to provide accurate and reliable information, but we disclaim any liability for any errors, inaccuracies, or misstatements. Prospective purchasers should make their own inquiries to verify the information.

Property History for 6 Mount Wheeler St, Park Ridge, QLD 4125

A timeline of how this property has performed in the market
Last Sold
$941,000
07 May 2025
  • 07 May 2025
    Sold for $941,000
  • 01 May 2025
    Listed for Sale 2021-Built | High Returns | Great Location!!
  • 04 Feb 2021
    Sold for $232,900
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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.
There are currently 77 properties listed for sale, and 24 properties listed for rent in Park ridge on OnTheHouse. According to Cotality's data, 493 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.