If you compare the increase in value of investment property in Logan Reserve, 4133 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 2.92%.
Logan Reserve,4133 was ranked 4180 in Australia by increase in median property value over the quarter.
The most recent median price for Logan Reserve is $440000, with sellers offering an average of -4.60% off the asking price.
Property investors should expect to get $410 weekly from the median priced house in this suburb.
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Increase in stock tugs Logan City suburb down
Median house price: $382,000
Stock on market: 171%
12-month growth: 10.97%
A residential suburb of Logan City, Logan Reserve offers an acreage, bushland lifestyle. There are a number of suburban-style homes in the northern streets, with access to several local amenities including the Logan Reserve State School, Marsden State High School, Marsden Park Shopping Centre and ALDI.
Logan Reserve is located around 30 minutes south of Brisbane’s CBD and 35 minutes’ drive north of the Gold Coast, with a regular bus service to transport local residents.
Logan Reserve has seen the stock of properties increase by a whopping 171% in the past 12 months; unfortunately, this could have affected its growth pattern, as house prices fell by 3.17% in the same period.