Loganlea is an average performer in QLD when comparing median price capital growth over the last year. Loganlea gave property investors a average capital gain figure when compared to the rest of the state, with 3.43%.
Across a shorter period, Loganlea, 4131 has seen a median price increase of -0.14% over the last quarter.
Vendor discounting in Loganlea is giving property investors an average Vendor Discount of around -6.00%. This puts suburb at number 487th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Loganlea the average time real estate has been on the market is 82.1 days.
Situated 25.22km from the CBD, Loganlea is one of Logan localities in the postcode 4131.
A 26.57% growth in median value for property investors in Loganlea,4131 puts this suburb at number 110th in terms of best performing suburbs in QLD
At number 165th of QLD’s most discounted properties, Loganlea is in the middle of the state/territory when listing in order of most discounted to least.
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.