Park Ridge Outlook

As the South East Queensland hotspots of Brisbane and the Gold Coast become harder to penetrate, Logan is increasingly becoming the ‘place to watch’, where a mix of affordability, job growth and infrastructure investment is underway.

As families push to buy their own property and look outside Brisbane, Logan is a top destination. For the 12 months to December 2018, the Logan property market performed well, increasing by 3.1%. Logan’s south is set to become a hotbed of activity, with about 70,000 new homes to be built to accommodate population growth.

Those areas include Yarrabilba, Greater Flagstone, Park Ridge, Meadowbrook, Bahrs Scrub and Greenbank.

Park Ridge, an emerging suburb in Logan’s west, bordered by the Mt Lindesay Highway, will have 12,000 new dwellings and about 30,000 people by 2041.

• In Park Ridge, 34.9% of households are couples with children.
• The majority of employed persons in Park Ridge work in construction, health care and social assistance, retail trade, manufacturing and education and training.
• The market characterised by a lower property entry price, the substantial pipeline of development and the rising levels of employment in the region.

It includes widening sections of the Logan and Gateway motorways, improving key congestion hot spots and constructing new south-facing on and off-ramps on the Gateway Motorway at Compton Road. The Logan Enhancement Project will unlock the economic potential of the Logan region as well as the business/freight hubs in Brisbane’s west and north. It will deliver a safer and more efficient motorway network by relieving local traffic congestion, reducing travel times, and enhancing connectivity with major road networks. The project will support 1,300 direct jobs during construction and generate around approximately $1.2 billion in economic benefits for Queenslanders over 30 years. The suburb Park Ridge is set to be transformed with a network of new roads including road connections and footpaths to be established between East Beaumount Road and Park Ridge Road. The roads are planned to cope with more traffic with the addition of two new sub divisions and the increase in traffic. The Park Ridge Connector (PRC) has also been identified as a preserved transport corridor to connect planned future communities at Park Ridge, Flagstone and Yarrabilba to services and employment. While a new road will not be required for 20 years or more, the State Government has said it is important to preserve the corridor now so that more dense development in Park Ridge, resulting from the Logan City Council’s Structure Plan, can be catered for.