Suburb Profile Report for Logan Village QLD (4207)

Logan Village House: Median price $603,000, Annual capital growth 1.94%, Number of sales 64, Weekly median advertised rent $525

  • 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.

  • House Report

At number 2462th in the list of Australian suburbs ordered by increase in median house value over the last year, Logan Village, 4207 is in the BOTTOM 40% with a property value increase of -1.47% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Logan Village has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Logan Village is offering property investors an average of -6.78. This rate of discount on properties puts Suburb at number 283th in terms of most discounted suburbs in QLD

With the median price for a house in Logan Village being $603000 and the advertised rent reaching $525 the gross rental yield for property investors calculates out to be 4.53%

Metrics i HOUSE UNIT
$603,000 N/A
-1.55% N/A
-1.47% N/A
1.94% N/A
$525 N/A
64 N/A
4.53% N/A
99.2321428571429 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 : Above average (H), Above average (U)
Find a mortgage broker in Logan Village QLD
Demographics
Total population 3585
Median household income ($/weekly) 1497
Median age of persons 38
Median housing loan repayment ($/monthly) 2000
Average household size 3
  • Census Count Percent(%)
    5-14 years 550 15.3
    25-34 years 366 10.2
    35-44 years 567 15.8
    45-54 years 627 17.5
    55-64 years 475 13.2
    Others 1000 27.9
    Age Group
    Census Count Percent(%)
    Registered Married 1419 56.4
    Not Married 856 34.0
    Defacto Relationship 243 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2686 81.0
    Greece 23 0.7
    Papua New Guinea 180 5.4
    United Kingdom 264 8.0
    Other 73 2.2
    Others 91 2.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 16 0.5
    Christianity 2307 73.6
    Judaism 7 0.2
    Other Religious Groups 18 0.6
    No Religion 775 24.7
    Others 10 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 87 9.0
    $1,000-$1,249 92 9.5
    $1,500-$1,999 154 15.9
    $2,000-$2,499 128 13.2
    $2,500-$2,999 102 10.5
    Others 404 41.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1174 44.8
    Not in the labour force 726 27.7
    Employed, worked part-time 504 19.2
    Employed, away from work 117 4.5
    Unemployed, looking for work 102 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 216 12.0
    Technicians & trades workers 373 20.7
    Clerical & administrative workers 296 16.4
    Machinery operators & drivers 204 11.3
    Labourers 215 11.9
    Others 496 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 42 5.3
    Infants/Primary 347 43.8
    Secondary 243 30.6
    Technical or Further Educational Institution 64 8.1
    University or other Tertiary Institutions 74 9.3
    Others 23 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3216 97.5
    Semi-detached, row or terrace house, townhouse 58 1.8
    Flat, unit or apartment 24 0.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 647 59.4
    Fully owned 293 26.9
    Rented 139 12.8
    Other tenure type 10 0.9
    Tenure Type
Census 2011, ABS
Chart Table