Last month, Logan showcased its real estate diversity with 32 properties available for rent and 29 properties for sale. The median property prices over the last year tell a compelling story-houses at $483,750 and units at $255,000. These figures set the stage for an affordable yet potentially lucrative investment environment.
For those eyeing investment properties, Logan Central stands out. Houses in the area rent out for an average of $462 per week, offering an annual rental yield of 5.2%. Units, on the other hand, present an even more enticing prospect, with an average rental yield of 7.2% at $330 per week. These numbers suggest a healthy return on investment, making Logan Central an attractive option for property investors.
The history of property growth is a key indicator of long-term potential. Over the past five years, Logan Central has demonstrated a compound growth rate of 2.2% for houses and an impressive 21.4% for units. This upward trajectory signifies not only stability but also the potential for substantial returns on investment.
Why Logan?
1. Affordability: With median prices that are competitive compared to broader markets, Logan Central provides an affordable entry point for both first-time homebuyers and savvy investors.
2. Rental Yields: The robust rental yields for both houses and units indicate a healthy rental market, offering a steady income stream for investors.
3. Growing Demand: As a suburb that has seen consistent growth over the past years, Logan Central is attracting attention for its accessibility, amenities, and overall quality of life.
4. Proximity to Brisbane: Logan Central benefits from its proximity to Brisbane, offering residents and potential tenants’ easy access to the capital city.
Property details:
Land details: Lot 1 Trevi Circuit, Logan Village
Land size: 446m Land price: $TBC registered ready to build on
Dual Occupancy
Total of: 5 beds, 3 baths, 2 cars
Size: 191.22m2. Build cost: $TBC
Dwelling 1: 3 beds, 2 baths, 1 car
Dwelling 2: 2 beds, 1 bath, 1 car
Rental estimate: see brochure: $890 to $930 per week combined income
Highly sought after area for the lovely lifestyle and the amount of services and amenities nearby.
Inclusions:
Summary: 3 x air cons, carpets in bedroom, tiles throughout, ceiling fans, LED lights, window furnishings to sliding windows and doors, Colorbond insulated roof, Landscaping, energy efficient, close to infrastructure and more……….
request full marketing brochure
To Purchase:
EOI to hold plus $5000 initial deposit refundable – so no risk
Finance approval within 21 days – Land settlement 14 days from finance approval
Please note that this dwelling is not yet constructed
Plus also note that all our properties are subject to availability – this is due to the very high volume of sales in the strong market in SEQld
FOR SALE: $799,990
Kaye Tilley 0418 823 046
