Suburb Profile Report for Logan Reserve QLD (4133)

Logan Reserve House: Median price $395,000, Annual capital growth 0.70%, Number of sales 94, Weekly median advertised rent $400

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report

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%.

Information supplied by:


June 2017

M
O

W
E

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.

Metrics i HOUSE UNIT
$395,000 N/A
-7.87% N/A
-9.40% N/A
0.70% N/A
$400 N/A
94 N/A
5.27% N/A
94.6268656716418 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Below average (H), Balanced (U)
Find a mortgage broker in Logan Reserve QLD
Demographics
Total population 2154
Median household income ($/weekly) 1476
Median age of persons 30
Median housing loan repayment ($/monthly) 2058
Average household size 3.3
  • Census Count Percent(%)
    0-4 years 202 9.4
    5-14 years 315 14.6
    25-34 years 314 14.6
    35-44 years 279 12.9
    45-54 years 328 15.2
    Others 717 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 750 48.6
    Not Married 601 39.0
    Defacto Relationship 191 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1543 74.8
    Canada 38 1.8
    Papua New Guinea 143 6.9
    United Kingdom 115 5.6
    Other 95 4.6
    Others 128 6.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 113 5.7
    Christianity 1272 64.1
    Islam 22 1.1
    Other Religious Groups 29 1.5
    No Religion 536 27.0
    Others 13 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 42 7.9
    $1,000-$1,249 49 9.2
    $1,250-$1,499 54 10.2
    $1,500-$1,999 101 19.0
    $2,000-$2,499 58 10.9
    Others 228 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 686 43.2
    Not in the labour force 473 29.8
    Employed, worked part-time 274 17.3
    Employed, away from work 80 5.0
    Unemployed, looking for work 75 4.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 118 11.4
    Technicians & trades workers 210 20.2
    Clerical & administrative workers 162 15.6
    Machinery operators & drivers 130 12.5
    Labourers 125 12.0
    Others 293 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 30 6.0
    Infants/Primary 202 40.7
    Secondary 157 31.7
    Technical or Further Educational Institution 51 10.3
    University or other Tertiary Institutions 43 8.7
    Others 13 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2075 99.4
    Caravan, cabin, houseboat 8 0.4
    Flat, unit or apartment 5 0.2
    Semi-detached, row or terrace house, townhouse 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 262 43.1
    Rented 177 29.1
    Fully owned 164 27.0
    Other tenure type 5 0.8
    Tenure Type
Census 2011, ABS
Chart Table