Over the last year, property investments in Loganlea, 4131 have given investors a capital gain of 4.71%. This compares favourably with the 2.39% for QLD as a whole.
Comparing Loganlea,4131 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Loganlea are currently offering property investors an average price cut of -7.20% below the asking price at the moment.
Residents and property investors in Loganlea have been waiting around 97.96 days to sell a property.
The QLD suburb of Loganlea, 4131 is in the Logan local government area.
Property investors who have had real estate in Loganlea, 4131 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 16.77%
Over the longer term, Loganlea has seen property prices show investors a 21.15% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Loganlea, 4131. Typically our figures indicate that -6.11% is being offered, which puts this QLD suburb at 438th most discounted overall in Australia.
Often selling an investment property can take time, and in Loganlea the average time real estate has been on the market is 110.62 days.
Using the current median advertised rental of $325 and the average annual increase in value of a median property of 10.45%, investors should hope to achieve an overall return of 5.37%
The Logan area is worth keeping an eye on as an affordable alternative to Brisbane’s inner ring suburbs that still provides excellent transport into the cityFull summary
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The Logan area is worth keeping an eye on as an affordable alternative to Brisbane’s inner ring suburbs that still provides excellent transport into the city.Close
The Loganlea SLA has also seen good population growth in recent years (9.5% between 2005 and 2009 according to ABS statistics) and this increased demand for property – combined with the size of land blocks in the area – has
created subdivision opportunities.
While you may not necessarily be looking to develop yourself, you may want to target house and land blocks that have subdivision potential in order to capitalise on the increasing demand for such properties amid growing demand for higher density living.
In terms of the area’s rental market, the suburb’s residential vacancy rate is at a healthy 2.29%, with Logan Hospital, Logan campus of Griffith University and Metropolitan South Institute of TAFE all providing a healthy tenant base.
Rental yield is very attractive at 6% thanks to its affordable median price of $320,000.