Lot 35 Mount Mitchell St, Park Ridge, QLD 4125 | Property Value & History | OnTheHouse
OFF MARKET

Mount Mitchell Street
Park Ridge QLD 4125

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 378m2
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Property Details for Lot 35 Mount Mitchell St, Park Ridge

Building Type
Land
Land Size
378m2
Local Government
Logan City

Last Listing description (July 2020)

This rare opportunity seldom comes along, but here it is, 5 bedroom, 3 bathroom and two separate single garages all for $505,900. It is positioned on a 378sm block and is
turn key ready with nothing to do, this dual occupancy includes quality inclusions such as stone benchtops, insect screens to the external doors, stainless steel appliances, exposed aggregate driveway, carpets and tiled floors and split system air conditioning.
Situated within the City of Logan,this area continues to be a strong economic performer within Queensland with no signs of slowing down. The city has a current estimated Gross Regional Product (GRP) of $13.4 billion which improved by 20% between the years 2016 and 2017, adding to the consistent growth the region has experienced over the past 22 years.

There are several key industries that support the city's growing economy including health care and social assistance, construction, retail trade, education and training, and manufacturing. These five industries make up over half of the city's total employment with retail trade being the largest employer in the region. Logan City also has a strong business base that generates an estimated 89,000 local jobs with over 21,000 businesses operating in the region.

FINE PRINT
Dual Occupancy

Main unit: 3 bedroom, 2 bathroom, single garage
Auxiliary Unit: 2 bedroom, 1 bathroom, single garage.

Land size: 378sqm
Land Price: $227,900
House size: 184sqm
House Price: $278,000
Rent: $600--$640 combined per week estimated, 6.5% yield based on $640 per week.

Total Package: $505,900
Ring or email Michael Now: 0459 550270

Property History for Lot 35 Mount Mitchell St, Park Ridge, QLD 4125

A timeline of how this property has performed in the market
  • 16 Jan 2020
    Listed for Sale $505,900
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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 6,516 properties. Over the last 5 years, Houses in Park Ridge have seen a 111.61% increase in median value, while Units have seen a 156.12% increase. As at 31 January 2026:

  • The median value for Houses in Park Ridge is $926,032 while the median value for Units is $910,360.
  • Houses have a median rent of $630 while Units have a median rent of $510.
There are currently 78 properties listed for sale, and 17 properties listed for rent in Park ridge on OnTheHouse. According to Cotality's data, 524 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.