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Park Ridge South
AREA REPORTS

Park Ridge South

Park Ridge South - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4125

house

Property investments in PARK RIDGE SOUTH fare well against the rest of the country last year, registering a median home price increase of 21.32%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains PARK RIDGE SOUTH, 4125 saw average growth in the long term.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 57.5 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $700,000.

PARK RIDGE SOUTH ranks 772nd on the list of best yielding suburbs for rental properties in QLD, posting a 0% return.

Data report can be found below

Park Ridge South
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $700,000 N/A
GROWTH REPORT
Median Quarterly 15.51% N/A
Median 12 month 21.32% N/A
Median 3 years 21.74% N/A
Median 5 years 25.5% N/A
10 years average annual 4.21% N/A
Weekly media advert. rent N/A N/A
Time on Market 57.5 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
1265
Weekly Household Income
1295
Household Size
3.40
Age
35
Monthly Loan Repayment
1500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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