Suburb Profile Report for Logan Central QLD (4114)

Logan Central House: Median price $280,000, Annual capital growth 0.45%, Number of sales 45, Weekly median advertised rent $320

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Over the last year, property investments in Logan Central, 4114 have given investors a capital gain of -10.26%. This compares very badly with the 0.78% for QLD as a whole.

Taking the average capital gain, or increase in median house value, Logan Central,4114 has racked up an average of -10.26% over the period. This ranks it number 3631th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Logan Central should be aiming for at least -9.59% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Logan Central the average time real estate has been on the market is 95.5366 days.

With the median price for a house in Logan Central being $280000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.94%

Metrics i HOUSE UNIT
$280,000 N/A
-2.27% N/A
-10.26% N/A
0.45% N/A
$320 N/A
45 N/A
5.94% N/A
95.5365853658537 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (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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