Park Ridge South

Park Ridge South has shown very soft population growth performance across periods assessed by AreaSearch

Park Ridge South's population, as estimated by AreaSearch based on ABS ERP data released in June 2024 and new addresses validated since the Census date, stood at around 1,724 as of November 2025. This figure reflects an increase of 44 people (2.6%) from the 2021 Census population of 1,680. The change is inferred from AreaSearch's estimate of a resident population of 1,724 following examination of the latest ABS ERP data release and an additional 1 validated new address since the Census date. This results in a density ratio of 183 persons per square kilometer, indicating significant space per person and potential room for further development. Recent population growth in the suburb was primarily driven by overseas migration, contributing approximately 63.0% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data and years post-2032, Queensland State Government's SA2 area projections are adopted, released in 2023 based on 2021 data. However, these state projections do not provide age category splits; therefore, AreaSearch applies proportional growth weightings in line with the ABS Greater Capital Region projections for each age cohort, released in 2023 based on 2022 data. Looking ahead, projections indicate a decline in overall population over this period. According to this methodology, the suburb's population is expected to contract by 66 persons by 2041. However, growth across specific age cohorts is anticipated, with the 75 to 84 age group projected to expand by 75 people.

The level of residential development activity in Park Ridge South is very low in comparison to the average area assessed nationally by AreaSearch

Park Ridge South saw approximately 2 new homes approved annually over the past five financial years from FY18 to FY23, totalling around 12 homes. As of FY26, 2 approvals have been recorded. The area has experienced population decline, with new supply likely meeting demand and offering affordable housing options with average construction values at $250,000. In FY26, there were $31,000 in commercial approvals, indicating minimal commercial development activity.

Compared to Greater Brisbane, Park Ridge South had significantly less development activity, 92.0% below the regional average per person as of FY26. This limited new supply generally supports stronger demand and values for established dwellings, which is also under the national average, suggesting the area's established nature and potential planning limitations. All new construction from FY18 to FY23 was comprised of detached houses, maintaining Park Ridge South's traditional low density character focused on family homes. The estimated population per dwelling approval in the area was 685 people as of FY23. With population expected to remain stable or decline, Park Ridge South should see reduced pressure on housing, potentially creating opportunities for buyers.

With population expected to remain stable or decline, Park Ridge South should see reduced pressure on housing, potentially creating opportunities for buyers.

Park Ridge South has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified ten projects likely to impact the region. Notable ones include Somerset at Park Ridge, Logan Reserve Combined State School, Carver's Reach Master Planned Residential Community, and Park Ridge Connector. The following list details those expected to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Employment conditions in Park Ridge South demonstrate exceptional strength compared to most Australian markets

Park Ridge South has a balanced workforce with representation across white and blue collar jobs. Its construction sector stands out with an unemployment rate of 2.4% and estimated employment growth of 5.9% over the past year.

As of June 2025, 1,004 residents are employed while the unemployment rate is 1.7% below Greater Brisbane's rate of 4.1%. Workforce participation is lower than Greater Brisbane's at 60.7%. Dominant employment sectors include construction, health care & social assistance, and retail trade. Construction employs 1.9 times more residents compared to the regional level.

However, health care & social assistance employs only 10.8% of local workers, below Greater Brisbane's 16.1%. The area appears to offer limited local employment opportunities based on Census data. Between June 2024 and June 2025, employment increased by 5.9%, labour force grew by 4.8%, resulting in a 1.0 percentage point decrease in unemployment rate. Comparing this with Greater Brisbane's growth rates shows similar trends but at slightly higher percentages for Park Ridge South. Jobs and Skills Australia forecasts national employment growth of 6.6% over five years and 13.7% over ten years, with varying industry-specific projections. Applying these projections to Park Ridge South's employment mix suggests local employment should increase by 5.9% over five years and 12.3% over ten years.

The area's income profile falls below national averages based on AreaSearch analysis

AreaSearch's latest postcode level ATO data for the financial year ending June 2022 shows that income in Park Ridge South is below the national average. The median income was $45,481 and the average income stood at $50,239. In contrast, Greater Brisbane had a median income of $55,645 and an average income of $70,520. Based on Wage Price Index growth of 13.99% since financial year 2022, current estimates would be approximately $51,844 (median) and $57,267 (average) as of September 2025. Census data reveals that household income ranks at the 63rd percentile ($1,965 weekly), while personal income sits at the 29th percentile. Looking at income distribution, 34.8% of locals (599 people) fall into the $1,500 - 2,999 category, similar to the metropolitan region where this cohort represents 33.3%. After housing costs, residents retain 87.5% of their income, indicating strong purchasing power.

Park Ridge South is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Park Ridge South's dwelling structures, as per the latest Census, were 99.4% houses and 0.6% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Brisbane metro's 89.2% houses and 10.9% other dwellings. Home ownership in Park Ridge South was 41.8%, with mortgaged dwellings at 45.2% and rented ones at 13.0%. The median monthly mortgage repayment was $1,800, above Brisbane metro's average of $1,600, while the median weekly rent was $453, compared to Brisbane metro's $360. Nationally, Park Ridge South's mortgage repayments were lower than the Australian average of $1,863, but rents were substantially higher than the national figure of $375.

Park Ridge South features high concentrations of family households, with a higher-than-average median household size

Family households account for 85.4% of all households, including 40.3% couples with children, 32.6% couples without children, and 11.8% single parent families. Non-family households make up the remaining 14.6%, with lone person households at 12.6% and group households comprising 2.7%. The median household size is 3.1 people, which is larger than the Greater Brisbane average of 3.0.

The educational profile of Park Ridge South exceeds national averages, with above-average qualification levels and academic performance metrics

The area's university qualification rate is 13.0%, significantly lower than Greater Brisbane's average of 30.5%. Bachelor degrees are most common at 9.9%, followed by postgraduate qualifications (1.9%) and graduate diplomas (1.2%). Vocational credentials are prevalent, with 37.5% of residents aged 15+ holding them, including advanced diplomas (8.9%) and certificates (28.6%). Educational participation is high at 25.4%, comprising secondary education (9.2%), primary education (8.2%), and tertiary education (3.0%).

Schools appear to be located outside the immediate catchment boundaries, requiring residents to access them in neighboring areas.

Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Park Ridge South has one active public transport stop, operating since 2022. This stop serves a mix of bus routes, with one individual route providing service. Weekly passenger trips total 179.

Transport accessibility is limited, with residents generally located 1450 meters from the nearest stop. Service frequency averages 25 trips per day across all routes, equating to approximately 179 weekly trips per stop.

Health performance in Park Ridge South is lower than average with common health conditions somewhat prevalent across the board, though to a slightly higher degree among older age cohorts

Park Ridge South faces significant health challenges with common health conditions somewhat prevalent across the board, particularly among older age cohorts. The rate of private health cover is very low at approximately 47% of the total population (~812 people), compared to the national average of 55.3%.

The most common medical conditions in the area are arthritis and asthma, impacting 10.4 and 7.8% of residents respectively, while 65.5% declare themselves completely clear of medical ailments, compared to 69.2% across Greater Brisbane. The area has 19.1% of residents aged 65 and over (329 people), which is higher than the 12.2% in Greater Brisbane. Health outcomes among seniors require more attention than those of the broader population.

The level of cultural diversity witnessed in Park Ridge South was found to be above average when compared nationally for a number of language and cultural background related metrics

Park Ridge South's population has a higher than average cultural diversity, with 22.8% born overseas and 12.6% speaking languages other than English at home. Christianity is the predominant religion in Park Ridge South, accounting for 51.4%. Notably, the category 'Other' comprises 2.2%, compared to Greater Brisbane's 2.7%.

Regarding ancestry, the top groups are English (30.4%), Australian (27.1%), and Other (7.6%). The English group is higher than the regional average of 24.4%, while the Other category is lower at 7.6% compared to 15.4%. Some ethnic groups show notable differences: Russian is overrepresented at 0.7% versus 0.2% regionally, Maori at 1.3% versus 3.2%, and New Zealand at 1.1% versus 1.5%.

Park Ridge South hosts an older demographic, ranking in the top quartile nationwide

The median age in Park Ridge South is 46 years, which is significantly higher than Greater Brisbane's average of 36 years and Australia's national average of 38 years. Compared to Greater Brisbane, Park Ridge South has a higher proportion of residents aged 55-64 (17.3%) but fewer residents aged 25-34 (7.7%). This concentration of 55-64 year-olds is well above the national average of 11.2%. According to the 2021 Census, the proportion of 15-24 year-olds has grown from 12.9% to 14.6%, while the 45-54 age group has declined from 16.0% to 13.7% and the 25-34 age group has dropped from 9.8% to 7.7%. By 2041, demographic projections indicate significant shifts in Park Ridge South's age structure. The 75-84 age group is expected to grow by 64%, reaching 172 people from the current 105. Notably, all growth in the total population will be accounted for by the combined 65+ age groups, reflecting the area's aging demographic profile. In contrast, both the 15-24 and 45-54 age groups are projected to see reduced numbers.