PARK RIDGE 4125
State: QLDPosiProp AI Investment Summary
PARK RIDGE (QLD 4125) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.6% and has experienced a 12-month capital growth of Up 9.3%, with a median house buy price of $885,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$870,000
$810,000
$850,000
$885,000
Suburb Market Profile
Last month Park Ridge had 97 properties available for rent and 60 properties for sale. Median property prices over the last year range from $885,000 for houses to $710,000 for units. If you are looking for an investment property, consider houses in Park Ridge rent out for $650 PW with an annual rental yield of 3.6% and units rent for $500 PW with a rental yield of 3.5%. Park Ridge has seen an annual compound growth rate of 9.3% for houses and 35.2% for units.