Suburb Profile

Suburb profile for,

Park Ridge, QLD

Located in the dynamic state of QLD (postcode 4125), PARK RIDGE is a vibrant real estate market. This suburb holds a median house price of $644,065 and has demonstrated an average buying growth of Up 26.3%. Last month, 77 houses were available, with 112 transactions completed in the past year. Properties spend around 33 days on the market, reflecting the area's demand with 1204 interested buyers. The average rental yield stands at 4.3%, with a weekly median rent of $380 per week and an average rent growth of Up 18.2%. Rental properties usually stay on the market for 17 days. The population in 2016 was 2509, which changed by +7.80% in the past five years. The median weekly household income is $826, reflecting an income change of +23.84% over the past five years. Residents have a median age of 58 years, and the suburb has an average annual growth for houses of +7.23%. To fully take advantage of PARK RIDGE's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in PARK RIDGE, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Park Ridge, QLD

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
QLD
Suburb
PARK RIDGE
Postcode
4125
Median price for all dwellings
$644,065
Last 12 months growth return
Up 26.3%
Avg. dwellings for sale in the suburb every month
77
Avg. dwellings sold in the suburb in previous 12 months
112
Avg days on market for a dwelling listing to sell
33 days
Avg. number of people searching in this suburb every month
1204
Avg. rental yield per annum
4.30%
Weekly median rent for all dwellings
$380 per week
Median price for all houses
$644,065
Avg. rental yield growth in the previous 12 months
4.30%
Avg. days for a rental listing to find a tennant
17 days
Total suburb population in 2016
2509
Total suburb population change in 5 years up to 2016
7.80%
Avg. household income per week
$826
Median age of the population in the suburb
58
Historic avg annual growth return per annum in the suburb
7.23%

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