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 -9.40%.
If we look at median property appreciation over just the last three months, Logan Reserve has given property investors a paper return of -7.87%. This puts Suburb as 873 on a list of fastest fasting appreciating suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Logan Reserve, 4133. Typically our figures indicate that -8.04% is being offered, which puts this QLD suburb at 616th most discounted overall in Australia.
At number 2642 in a list of fastest selling suburbs, Logan Reserve is in the bottom 30% of suburbs in Australia with an average of days on market 94.6269 for properties listed there.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 5.27%, without taking into account capital value appreciation, which has been averaging out at 0.70%.
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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.