At number 2978th in the list of Australian suburbs ordered by increase in median house value over the last year, Loganlea, 4131 is in the BOTTOM 30% with a property value increase of 0.82% recorded in median house prices.
A 23.33% growth in median value for property investors in Loganlea,4131 puts this suburb at number 704th in terms of best performing suburbs in QLD
Vendor discounting in Loganlea is giving property investors an average Vendor Discount of around -5.53%. This puts suburb at number 499th in QLD when ranking the most discounted suburbs.
Loganlea, 4131’s gross rental yield is 4.92%
Property investors who have had real estate in Loganlea, 4131 should be relatively 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 13.28%
Over the longer term, Loganlea has seen property prices show investors a 27.57% return over the last 3 years. This is worse than over the last 12 months
Loganlea4131 is located in QLD which offers an average discount of -5.98% to property investors. Loganlea itself is showing figures that indicate -6.56% is the average achievable by property buyers investing in the suburb.
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.