QLD has seen average median house prices change by 2.82% which means that Loganlea, 4131 has done well for property investors by showing a capital gain of 2.78% over the last year
Loganlea,4131 has offered an average of 2.78% return per annum in house price rises to property investors over the last three years.
Situated 25.21km from the CBD, Loganlea is one of Logan localities in the postcode 4131.
Loganlea, 4131 ranked 60th in QLD when comparing growth in median property values or capital gain over the last 12 months. Loganlea is one of 2415 in our list for QLD
Loganlea,4131 was ranked 981 in Australia by increase in median property value over the quarter.
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.