11 Bunya Drive, Park Ridge QLD 4125
11 Bunya Drive, Park Ridge QLD 4125
Modern 4-bed family house | 245m² build on 375m² | Bushfire overlay noted | High rental demand | Park Ridge growth corridor
This house holds a clear competitive edge for families seeking a near-new, low-maintenance layout without the premium of acreage. The 245m² footprint on a compact 375m² lot delivers generous internal space—four bedrooms, two bathrooms, and double garage—while keeping outdoor upkeep minimal. Its position within Park Ridge’s newer estate pockets places it firmly in the mainstream detached-house segment, appealing to owner-occupiers and investors alike. The rental profile at $790/week sits above entry-level stock, reflecting strong demand for larger family homes in an area with active school catchments and ongoing suburban development. For a buyer prioritising modern efficiency over land size, this property offers a practical, move-in-ready option that aligns with the suburb’s growth trajectory.
The bushfire overlay and management planning control may introduce additional compliance considerations for future renovations or extensions, though it does not appear to hinder current residential use. The house-heavy land ratio limits outdoor expansion potential, which might temper appeal for buyers seeking a larger yard or future building flexibility. Rental returns near 3.9% suggest reasonable income performance, but the property’s value will likely hinge on how the compact site and overlay constraints are weighed against its modern finishes and location benefits. Buyers should factor these elements into their price view, recognising that the property’s strength lies in its turnkey condition rather than land upside.
|| Comparable Sales: 23 Lindenthal Rd sold $2.0M (larger site, different segment); 4/2/2 on 357m² asking $971k | Property Price Band: $900K–$1.0M | Value Drivers: Modern build quality, compact land efficiency, rental yield potential
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Bunya Drive, Park Ridge QLD 4125
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Park Ridge is a family-centric suburb with strong demand driven by its established household demographic. Recent price growth reflects a competitive market with properties transacting swiftly. Future growth is supported by sustained family demand and quality local infrastructure, though affordability pressures relative to broader Brisbane and tight supply present key constraints on accessibility and stock availability.
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PropCred Estimated Value
Comparable Sales: 23 Lindenthal Rd sold $2.0M (larger site, different segment); 4/2/2 on 357m² asking $971k | Property Price Band: $900K–$1.0M | Value Drivers: Modern build quality, compact land efficiency, rental yield potential
Bedrooms
4
Bathroom
2
Parking
2
Land
375m²
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