Logan Reserve at a glance
14,516
People
$906,500
Median sale
$544/wk
Median rent
3.12%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
QLD › Logan Reserve › Lake Cootharaba Pl
$500,000
Last sold
8 Aug 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
774 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$500,000
8 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Logan Reserve (last 5 years) with land size have a median of $1,875/m² of land (n=161). Districts calculation from recorded sales — not a valuation.
Logan Reserve at a glance
14,516
People
$906,500
Median sale
$544/wk
Median rent
3.12%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
Vs Logan Reserve
-44.8%
Median sale
Suburb $906,500
+2.54 pp
Gross yield
Suburb 3.12%
Suburb median $906,500 from 104 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $544/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Logan Reserve at a glance
14,516
People
$906,500
Median sale
$544/wk
Median rent
3.12%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Marsden AKGWhat a fantastic opportunity to secure this great investment property. The owner is selling their much loved investment property so here is your chance to secure this three bedroom home.
Situated in the highly desired 'Lakes Estate' of Logan Reserve. This lovely low set brick home will definitely appeal to the wider market. Upon entry you have a living room on either side of the house and through to the centre of the home is the spacious Kitchen with meals area, plenty of space to entertain. Alternatively, if you're searching for a new addition to the investment portfolio, then look no further. It certainly represents a great opportunity to secure a solid return with a current rental of $370 a week.
Occupied by lovely tenants on a lease until August 2022 but are more than happy and would love to stay on.
Features to 35 Lake Cootharaba Place include -
- 3 Spacious Bedrooms with built-ins
- Main Bathroom (can access from Master bedroom)
- Large open plan kitchen & dining
- Second Additional Living area
- 2 x Split System AC to master and lounge
- Laundry with plenty of cupboard space
- Security Screens Doors across the house
- Massive outdoor entertaining area
- Double Lock-up Garage with back yard access
- Fully fenced backyard - with side access
- Large backyard with lots of room for kids to play
- Walking Distance to Public Transport
- Minutes drive to local parks and shops
- Within Minutes Drive to all major shopping outlets and restaurants
- Walking distance to Marsden State High School
- Walk to the local Park - nature just a few steps away, dog park and Playground nearby too - so convenient
- Built on 774 sqm
- No rear neighbours for added privacy
- Built 2008
- Tenanted till August 2022 paying $370 per week
Situated in Logan Reserve and backing onto peaceful bushland this type of home will always be in demand. Overall, the location provides convenience living with local schools, shops and public transport, only a short stroll away. So if your in the market for an impressive home with a great position, then this property is definitely one to put on the list! Other properties in the estate have been snapped up very quickly, get in quick to avoid disappointment with only one thing left to do... that is... beat the crowds!!! Call Emma now as 24 hrs notice must be given to the tenants.
Listing description written by Emma Walter, Ray White Marsden AKG — reproduced as published, not verified by Districts.