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Park Ridge, QLD 4125
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$940,000
market range $875K-$1.1M
Median Unit
$1,000,000
market range $450K-$1.0M
Gross Yield (houses)
3.6%
1yr Growth (houses)
+16.8%
market range +10.0% to +22.5%
Investment snapshot for Park Ridge
Park Ridge has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Park Ridge market and investor summary
Park Ridge (QLD 4125) runs a median house price of $940K, with houses yielding a gross 3.6%. House prices have moved +16.8% over the past year. At 2.0% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.6% is neither a standout cashflow play nor a pure growth bet.
Living in Park Ridge: people, income and schools
About 8,455 people live in Park Ridge, and the area has been growing steadily, up about 47% over five years. The median age is 30, younger than the national median, with renters making up 50% of households.
Households here earn a median of about $74,000 a year, or roughly $1,420 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to a steep 12.7 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 30% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 19 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 26 km from the CBD. It is fairly car-dependent; the suburb scores 27 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 8,455
- +47% over 5yr
- Median age
- 30 years
- Median household income
- $74,000/yr
- Households renting
- 50%
- Family households
- 71%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 19
- avg ICSEA 988
- Unemployment
- 3.9%
- Distance to CBD
- 26 km
- Walk score
- 27/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Park Ridge
View all →Frequently asked questions about Park Ridge
What should I check before investing in Park Ridge?
Park Ridge has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +16.8% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Park Ridge?
The median property price in Park Ridge, QLD 4125 is $940K for houses and $1M for units.
What rental yield does Park Ridge show?
The gross rental yield in Park Ridge is 3.6% for houses and 2.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Park Ridge?
House prices in Park Ridge are up 16.8% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Park Ridge?
The current vacancy rate in Park Ridge is 2.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Park Ridge?
Park Ridge has a population of approximately 8,455 residents, with a median age of 30.
What schools are near Park Ridge?
There are 19 schools within roughly 5km of Park Ridge. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Park Ridge affordable to buy in?
A median house in Park Ridge costs about 12.7 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Park Ridge's population growing?
The population of Park Ridge has grown about 47% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Park Ridge from the CBD?
Park Ridge is about 26 km from the CBD.
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