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Brisbane Buyers Agent First Home Buyer Insights – What’s happening in Park Ridge – New childcare centre to cater for residential growth

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As a top Brisbane buyers agent, we’ve always got our finger on the pulse of the Brisbane property market. Check out what’s happening in Park Ridge.

A childcare centre is proposed for Park Ridge in Logan, south of Brisbane, with places for 140 children to cater for growth in the developing area.

If given the go ahead, the development, at 142 Park Ridge Road, would be a single-storey childcare centre operating from Monday to Friday, from 6am to 6pm.

The centre would have three outdoor play areas, including undercover areas, seven activity rooms and 32 car parking spaces and would cover around 1,700sq m of the 5,000sq m site.

It is designed to integrate with the adjoining Carver’s Reach residential development, with the outdoor play areas oriented towards adjoining parkland to reduce noise impacts on the future residential area.

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Market Snapshot – Park Ridge

Median house price House average annual price  growth Houses sold over past 12 months Median Unit price Unit average annual price  growth Units sold over the past 12 months Demand level Population Median age of residents % of renters
$455,000 -3.90% 151 $465,000 N/A 12  Balanced (H & U) 2,503 58 19.9%

Source: CoreLogic, ABS 2016 Census, www.dsrdata.com.au

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