Page 3 - Demo

Suburb Profile – Park Ridge 4125
SUBURB
Park Ridge
• The size of Park Ridge is approximately 17 square kilometres.
• It has 2 parks.
• The population of Park Ridge in
2006 was 2,014 people.
• By 2011 the population was 2,319
showing a population growth of 15.1% in the area during that time.
$680K 2,504 Current vacancy rate Median House Price Population
• In 2006, 74% of the homes in Park Ridge were owner-occupied compared with 77.7% in 2011.
• Currently the median sales price of houses in the area is $680,000.
2.68%
16.94%
Rental population
REGION
Logan
• The predominant age group in Park Ridge is 65-74 years.
• Households in Park Ridge are primarily childless couples and are likely to be repaying $1800 - $2400 per month on mortgage repayments.
STATE
Queensland
Finance Profile
Rental Profile
4.79%
Interest only St George
$448,000
Loan amount
PROPERTY MANAGEMENT PM
Gallery Homes Melissa Smith
CURRENT RENT $660 / week
10 year Lease Back
PROPERTY PORTFOLIO REVIEW | WEALTHEFFICIENCY.COM.AU
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