Suburb report · QLD 4125

Park Ridge

Prepared by the property strategists at Chase Wealth Australia

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Population

11,700

Park Ridge suburb profile

Who lives in Park Ridge

Park Ridge sits 26km from the Brisbane CBD. Park Ridge is home to 11,700 people, a scale matched by fewer than 13% of Queensland suburbs. By population it is number 68 of 317 suburbs within 40km of the Brisbane CBD. At a median age of 29, Park Ridge is among the youngest fifth of Queensland suburbs. Of the 317 suburbs within 40km of the Brisbane CBD, 11 have a younger median age. In the other suburb of the Boronia Heights-Park Ridge statistical area the median age is 33, so Park Ridge runs 4 years younger than its statistical-area neighbours.

Income and home ownership

A median household income of $81,700 places Park Ridge in the lower middle of Queensland suburbs. The other suburb of the Boronia Heights-Park Ridge statistical area has $83,800, putting Park Ridge 2.5% below its statistical-area neighbours. Among the 317 suburbs within 40km of the Brisbane CBD, 269 report a higher median household income. Only 47.9% of households own their home, lower than 88% of Queensland suburbs, while 52.1% rent. Among suburbs within 40km of the Brisbane CBD, 52 have a lower share of owner-occupiers than Park Ridge. That is 10.6 points below the 58.5% ownership share in the other suburb of the Boronia Heights-Park Ridge statistical area.

Household mix

At the 2021 Census, 2,989 households lived in Park Ridge, a larger stock than most Queensland suburbs. The household mix leans to families: families with children 43.2%, couples without children 27.7%, people living alone 24.9% and group households 4%. Among suburbs within 40km of the Brisbane CBD, 98 of 317 have a smaller share of families with children than Park Ridge. At 4%, group households are more common here than in 65% of Queensland suburbs. Couples without children, at 27.7%, sit near the Queensland middle, at the 48th percentile. The rest of the Boronia Heights-Park Ridge statistical area averages 52.9% families with children, 9.7 points above Park Ridge.

Housing supply

520 new dwellings were approved across the Boronia Heights-Park Ridge statistical area in the year to June 2025, 24% under its 2020 to 2024 average of 684 a year. The Boronia Heights-Park Ridge statistical area had 27,073 residents in 2025 and takes in Park Ridge and neighbouring suburbs. That is 19.2 approvals per 1,000 residents of that area, one of the heaviest pipelines in Queensland, above 94% of statistical areas. Between 2020 and 2025 the area's approvals peaked at 992 in 2021 and bottomed at 457 in 2024.

Population trend

From 2020 to 2025, the Boronia Heights-Park Ridge statistical area grew its population by 52.9%, well ahead of most areas, against 9.7% for Queensland as a whole. The median Queensland statistical area grew 6.3% over the same 5 years, 46.6 points slower than this one. It ranks at the 98th percentile of Queensland statistical areas for population growth over the period. Growth was strongest in the year to 2022 (11.3%) and weakest in the year to 2025 (5.6%).

Against its neighbours

The sharpest contrast among the nearby suburbs is Regents Park, where the owner-occupied share is 74.6% compared with 47.9% here. Crestmead matches Park Ridge on the median age, at 29. Marsden, 4km away, has 15,839 residents and a median household income of $80,600.

Location

Demographics

ABS Data by Region to 2025, on ABS Census 2021 suburb baseline
Population2025 estimate11,700
Median Age202429
Owner OccupiedCensus 202147.9%
RentingCensus 202152.1%
Median Household Income2023$81,700
New Dwellings ApprovedBoronia Heights-Park Ridge SA2, 12 months to June 2025520
Population ChangeBoronia Heights-Park Ridge SA2, 2020 to 2025+52.9%

Household Mix Census 2021

Families with children: 43.2%Couples, no children: 27.7%Living alone: 24.9%Group households: 4%

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Reading this report

Every figure in the Park Ridge data table is dated at its source. Supply and population change cover the Boronia Heights-Park Ridge statistical area, whose boundary differs from Park Ridge's, and our guide to reading a suburb report explains how our buyers agents weigh them.

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This report is market intelligence prepared by Chase Wealth Australia for general information only. Figures are statistical estimates for the suburb, not valuations of any individual property, and do not constitute financial or credit advice. Consider your circumstances and seek professional advice before acting. Demographic figures are sourced from the Australian Bureau of Statistics, Census 2021 (licensed CC BY 4.0) where available.