Suburb Profile Report for Logan Central QLD (4114)

Logan Central House: Median price $314,000, Annual capital growth 5.41%, Number of sales 73, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Logan Central has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.18%

When looking at the potential capital gains offered to property investors over the last 3 years, Logan Central comes in at number 70th in QLD.

Property investors looking for a bargain in Logan Central should be aiming for at least -6.02% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $320 and the average annual increase in value of a median property of 5.41%, investors should hope to achieve an overall return of 5.30%

HOUSE UNIT
$314,000 N/A
1.29% N/A
10.18% N/A
5.41% N/A
$320 N/A
73 N/A
5.30% N/A
46.5 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 6172
Median household income ($/weekly) 789
Median age of persons 32
Median housing loan repayment ($/monthly) 1430
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 972 15.7
    25-34 years 840 13.6
    35-44 years 767 12.4
    45-54 years 705 11.4
    55-64 years 775 12.6
    Others 2113 34.2
    Age Group
    Census Count Percent(%)
    Not Married 2307 54.4
    Registered Married 1491 35.1
    Defacto Relationship 445 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3102 55.9
    Papua New Guinea 592 10.7
    Philippines 93 1.7
    United Kingdom 186 3.4
    Other 1031 18.6
    Others 543 9.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 122 2.3
    Christianity 3648 68.7
    Islam 314 5.9
    Other Religious Groups 74 1.4
    No Religion 1082 20.4
    Others 69 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 199 11.1
    $400-$599 260 14.5
    $600-$799 299 16.6
    $800-$999 196 10.9
    $1,000-$1,249 215 12.0
    Others 629 35.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2043 48.3
    Employed, worked full-time 1139 26.9
    Employed, worked part-time 539 12.7
    Unemployed, looking for work 323 7.6
    Employed, away from work 187 4.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 249 13.4
    Community & personal service workers 210 11.3
    Clerical & administrative workers 273 14.7
    Machinery operators & drivers 334 17.9
    Labourers 380 20.4
    Others 416 22.3
    Occupation
    Census Count Percent(%)
    Pre-school 67 4.7
    Infants/Primary 547 38.7
    Secondary 407 28.8
    Technical or Further Educational Institution 217 15.4
    University or other Tertiary Institutions 113 8.0
    Others 61 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4632 80.7
    Flat, unit or apartment 1007 17.5
    Semi-detached, row or terrace house, townhouse 104 1.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1056 54.5
    Being purchased 455 23.5
    Fully owned 412 21.3
    Other tenure type 15 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals