Lot 61 - Somerville Circuit - Park Ridge
Park ridge, Logan, QLD, 4125$ 1,299,950
- Dual Occupancy
- Property Type
- 3+1
- Bedrooms
- 1+1
- Bathrooms
- 1+1
- Cars
- 237
Details
Updated on Jun 24, 2026
| Property Type: | Dual Occupancy |
|---|---|
| Secondary Type: | SMSF |
| Price: | $ 1,299,950 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 1,100 |
| Gross Per Annum: | $ 57,200 |
| Gross Yield: | 4.40% |
| Capital Growth 12 Months: | 27.38% |
| Capital Growth 10 Year Annualised: | 6.70% |
| Vacancy Rate: | 0.62% |
| Property Size: | 237 m2 |
| Land Area: | 450 m2 |
|---|---|
| Bedrooms: | 3+1 |
| Bathrooms: | 1+1 |
| Parking: | 1+1 |
| Title Status: | N/A |
| Property ID: | 29197 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us*
Park Ridge is a rapidly growing residential suburb in the Logan City, located about 35 km south of Brisbane's CBD. Known for its family-friendly atmosphere, Park Ridge offers a mix of established homes, new housing estates, schools, parks, and local shopping facilities. The suburb has experienced significant population growth due to ongoing residential developments and infrastructure investment, making it a popular choice for first-home buyers and families seeking affordable housing in South East Queensland. According to the 2021 Census, Park Ridge had a population of 8,455 residents with a relatively young median age of 30 years.
Historically a rural area with farming roots, Park Ridge is transitioning into a well-planned urban community. The Logan City Council's Park Ridge Structure Plan guides future development, including new residential areas, employment precincts, parks, waterways, and community facilities. The suburb is expected to continue growing substantially over the coming decades, supported by new infrastructure and community projects.
Address
Open on Google Maps
Address
Lot 61 - Somerville Circuit - Park Ridge
City
Logan
State
QLD
Postcode
4125
Suburb
Park ridge
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract
