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 3.42%.
Over the longer term, Loganlea has seen property prices show investors a 22.02% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Loganlea is $363000, with sellers offering an average of -5.91% off the asking price.
At number 2452 in a list of fastest selling suburbs, Loganlea is in the bottom 40% of suburbs in Australia with an average of days on market 94.3 for properties listed there.
QLD has seen average median house prices change by 0.65% which means that Loganlea, 4131 has done well for property investors by showing a capital gain of 25.49% over the last year
A 12.28% growth in median value for property investors in Loganlea,4131 puts this suburb at number 19th in terms of best performing suburbs in QLD
Loganlea, 4131 is offering QLD ‘s 169th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
Often selling an investment property can take time, and in Loganlea the average time real estate has been on the market is 106.22 days.
Loganlea, 4131’s gross rental yield is 5.28%
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.