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 Manchester St
$530,000
Last sold
15 Nov 2022
4
Bedrooms
1
Bathrooms
1
Car spaces
534 m²
Land
120 m²
Building
Districts View
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
$530,000
15 Nov 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
-41.5%
Median sale
Suburb $906,500
+2.22 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 Avenue PropertySOLD BY CHRIS GILMOUR 0438 632 459...
This great property overlooking green pastures, a dog park, sprawling picnic area and a picturesque lake is on offer in the thriving Logan Reserve district and would suit both the astute investor or owner occupier who appreciate the harmony between indoor and outdoor contemporary living. Nestled on a 534m2 block and on an elevated position, this property displays a great deal of potential for the savvy buyer.
A unique floor plan spans across a single level and offers a formal lounge room upon entry followed by the spacious open plan kitchen equipped with stainless steel appliances, a canopy rangehood and an elongated benchtop to work your culinary magic. An open plan dining and living area adjoins this space and spills into the large, paved alfresco area outside with ample room for the kids or pets to roam free.
Back inside, 4 bedrooms are on offer, each with a ceiling fan and the master suite is spacious with a mirrored sliding robe and a handy 2 way modern bathroom that is centrally located to service all the bedrooms and living areas. Adjacent to this space is the laundry and a separate toilet.
Ceiling fans are sprawled across the home for your comfort, and 4 split air conditioners service 2 of the bedrooms as well as the main living quarters. Ceramic tiling is featured in the main living areas and kitchen, whilst contemporary laminate flooring can be found in the main lounge room and master suite.
A single lock up garage is attached to the home and there is convenient side access as well as a small garden shed to the rear of the home to complete the picture of this home situated by a green vista that is within close proximity to schools, several shopping villages, parklands, Universities, hospitals and transport (buses and trains). Located within minutes from the M1 for easy access to Brisbane CBD or the Gold Coast/Sunshine Coast and Airport, inspect this home at your earliest convenience.
Notable Features and Inclusions:
- 2005 built lowset brick home
- 4 bedrooms, 3 built in
- 2 way bathroom from master
- Separate toilet
- Formal airconditioned lounge
- Airconditioned open plan family room
- Kitchen boasts ample storage space, dishwasher
- Convenient internal laundry
- Airconditioning and fans throughout
- Ceramic tiling to living areas and kitchen
- Laminate flooring in formal lounge and master bedroom
- Large covered and paved alfresco space
- Single lock up garage
- 534m2 block of land overlooking Bayes Park
- Low maintenance yard with side access
- Brick garden shed to back of property
- Close to schools, shops, transport and motorways
- Current rates $950/qtr inc water
- Tenanted until Sept 2023 for $500 per week
- Vacant possession could be provided within 60-90 days however
- Current rental appraisal $500 per week
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Chris Gilmour, Avenue Property — reproduced as published, not verified by Districts.
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