Crestmead suburb profile
Crestmead is a growing suburb located in the Logan City area of Queensland, approximately 25km south of Brisbane's CBD. Known for its family-friendly atmosphere, Crestmead offers a range of amenities including parks, schools, and shopping centers, making it an attractive option for families and first-home buyers. The suburb features a mix of modern homes and established properties, providing diverse housing options. Crestmead's proximity to major transport routes, such as the Logan Motorway, ensures convenient access to Brisbane and the Gold Coast. Its community-focused environment and ongoing development make Crestmead a promising location for residents and investors alike.
Crestmead property market performance
Current median dwelling price$554,500Past 3 months
Crestmead's property market has shown robust growth over the past 12 months, with house values increasing by 13.4%, bringing the median house price to $749,000. The unit market remains largely inactive, with no significant sales or value changes reported. Over the past three months, 57 houses were sold, indicating strong demand, while units saw only one sale.
Houses in Crestmead are selling quickly, with a median of just 19 days on the market, reflecting high buyer interest. The unit market, however, lacks sufficient data to determine trends due to minimal activity.
The rental market in Crestmead has seen moderate growth, with house rents increasing by 5.2% over the last 12 months. Unit rents have surged by 12.4%, despite the limited unit market activity, suggesting a potential demand for rental units.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $749K | N/A |
Change in value Past 12 months | 13.4% | N/A |
Sold Past 3 months | 57 | 1 |
Median days on market Past 12 months | 19 | N/A |
Average rent Past 12 months | $550 | $500 |
Change in rent Past 12 months | 5.2% | 12.4% |
5 year median price trend for houses and units
Crestmead demographics
Crestmead, located in the Logan City area of Queensland, is a suburb that offers a youthful and family-oriented environment. With a median age of 29, it is home to a vibrant community of young families and professionals. The suburb's proximity to Brisbane and the Gold Coast makes it an attractive option for those seeking a balance between urban convenience and suburban tranquility. Crestmead's community is characterized by a significant proportion of couple families with children, accounting for nearly 45% of all families, which highlights its appeal to young families looking for a supportive and family-friendly environment.
Housing in Crestmead is diverse, with a mix of ownership and rental options. Approximately 46% of properties are rented, indicating a flexible housing market that caters to a variety of lifestyles, including those who prefer renting over buying. Meanwhile, 38.1% of properties are owned with a mortgage, reflecting a community of new homeowners and growing families. The suburb's median household income of $1468 per week suggests a community that is economically active, with many residents engaged in local employment opportunities.
Crestmead's demographic profile is further enriched by its multicultural community, contributing to a dynamic and inclusive atmosphere. The suburb's amenities, including parks, schools, and shopping centers, support a comfortable lifestyle for its residents. With its strategic location and community-focused environment, Crestmead continues to attract families and individuals seeking a balanced and fulfilling lifestyle in the heart of Logan City.
Crestmead infrastructure, key developments and investment opportunities
Crestmead is experiencing significant developments that may impact its property market. The $1 billion redevelopment of the Crestmead Industrial Estate, set to conclude in 2025, aims to modernize the area and attract new businesses, potentially boosting local employment opportunities and property values. Additionally, recent upgrades to Crestmead State School, including new facilities and its designation as an Independent Public School, enhance the suburb's appeal for families.
The suburb's proximity to major transport routes and ongoing infrastructure improvements, such as road upgrades and public transport enhancements, are likely to increase connectivity and potentially property desirability. While specific large-scale residential developments were not mentioned in the search results, the ongoing industrial and educational improvements, combined with Crestmead's affordable housing market compared to nearby suburbs, position it as an area of interest for potential property growth and investment in Logan City.
Crestmead rental market trends
The rental market in Crestmead has experienced moderate growth, with house rents increasing by 5.2% over the past year to $550 per week, while unit rents have seen a more significant rise of 12.4% to $500 per week. This growth reflects the suburb's appeal to both renters and investors, driven by its affordability and proximity to key amenities.
Suburbs near Crestmead
Some popular suburbs near Crestmead include:
How does Crestmead compare to nearby suburbs?
- Median house prices: Crestmead’s median house price is 7.0% higher than Waterford West’s.
- Median unit prices: Crestmead’s median unit price is 0.8% higher than Marsden’s.
- House price growth: Over the past 12 months, house prices in Crestmead have grown 2.1% higher than in Marsden.
- Selling speed for houses: Properties in Crestmead are selling 42.4% faster than in Marsden.
- Investment considerations: In Crestmead, the rental yield for house is 18.5% lower than the Brisbane average, while the rental yield for units is 17.1% lower.
- House price growth: Over the past 12 months, house prices in Crestmead have grown 33.6% lower than the average rate of growth across Brisbane.
- Unit price growth:Over the past 12 months, unit prices in Crestmead have grown 19.9% lower than the average rate of growth for units across Brisbane.

