**Property Profile Report: Park Ridge, QLD 4125**
*Author: Not specified*
- The property at 11 Sapphire Street is a house built in 2020, featuring 4 bedrooms, 2 bathrooms, and 2 car spaces, with a dwelling size of 129m² on a 410m² land.
- Estimated property value is $785,000, with a range of $731,000 to $841,000, though the confidence level in this estimate is low.
- Recent rental listing in April 2025 was $650 per week, showing an increase from $430 per week in January 2021.
- The property was purchased for $254,000 in November 2019.
- Comparable sales include: 1 Sapphire Street ($762,000 in April 2025), 126 Davidson Circuit ($860,000 in November 2024), 110 Davidson Circuit ($876,000 in February 2025), and 6 John Storey Court ($825,000 in January 2025).
- Nearby properties for sale: 33 Tamarind Crescent ($859,000), 20 Doran Circuit (from $748,000), and 22 Gem Circuit (under contract from $739,000).
- The median house value in the region is $798,761 as of February 2025, with a 9.09% increase over the past year.
- Majority of property sales in Park Ridge are in the $600K-$800K range, with 123 properties sold in this bracket in the past year.
- Median days on market for properties in Park Ridge is 21 days, indicating quick turnover.
- Median vendor discount decreased from 3.77% in 2024 to 2.56% in 2025, suggesting stronger market conditions.
- Median weekly asking rent in Park Ridge for 2025 is $600, with a gross rental yield of 4.00%.