Logan Reserve suburb profile
Logan Reserve is a rapidly growing suburb situated in the Logan City region of Queensland, offering a blend of rural charm and suburban convenience. Known for its spacious properties and family-friendly atmosphere, it attracts those seeking a quieter lifestyle while still being within reach of Brisbane and the Gold Coast. The suburb features a mix of new housing developments and established homes, catering to a diverse community. With access to local schools, parks, and shopping centres, Logan Reserve provides a balanced lifestyle for families and individuals alike. Its ongoing development and community-focused amenities make it an appealing choice for new residents.
Logan Reserve property market performance
Logan Reserve's property market has shown robust growth over the past 12 months. House values have increased by 12%, with the median house price now at $730,000. Units have also seen an 8.8% rise, bringing the median unit price to $825,000. This indicates a strong demand for both property types in the area.
Sales activity has been notable, with 55 houses and 6 units sold over the past 12 months. Houses are selling quickly, with a median of 20 days on the market, while units are moving even faster at 11 days, suggesting high buyer interest.
The rental market in Logan Reserve has also experienced growth, with house rents increasing by 5.4% and unit rents by 9.3% over the last 12 months. The average rent for houses is $590, while units average $470, reflecting a healthy rental demand.
Median price - houses$730KPast 3 months
Median price - units$825KPast 3 months
Change in value - houses12.0%12 months
Change in value - units8.8%12 months
Houses sold55Past 3 months
Units sold6Past 3 months
Median DOM - houses19.5Past 12 months
Median DOM - units11Past 12 months
Average rent - houses$590Past 12 months
Average rent - units$470Past 12 months
Change in rent - houses5.4%Past 12 months
Change in rent - units9.3%Past 12 months
Logan Reserve demographics
Logan Reserve, located in Queensland, is a rapidly growing suburb known for its family-friendly environment and youthful population. With a median age of just 27, the area is bustling with young families and professionals seeking a balanced lifestyle. The suburb's proximity to both Brisbane and the Gold Coast makes it an attractive location for those who want to enjoy the benefits of city life while residing in a more relaxed setting.
The community in Logan Reserve is predominantly made up of couple families with children, accounting for nearly half of all families. This highlights the suburb's appeal to young families looking for a supportive and engaging environment to raise their children. The presence of one-parent families and couple families without children also adds to the diversity of the community, fostering a welcoming and inclusive atmosphere.
Housing in Logan Reserve is a mix of ownership and rental properties, with nearly half of the properties being rented. This indicates a high demand for rental accommodation, likely driven by the suburb's growing population and its appeal to young professionals and families. The remaining properties are either owned outright or with a mortgage, reflecting a stable housing market that caters to both new buyers and long-term residents. With its youthful demographic, family-oriented community, and strategic location, Logan Reserve is poised for continued growth and development.
Logan Reserve infrastructure, key developments and investment opportunities
Logan Reserve is experiencing significant growth and development. The suburb's population has more than doubled from 3,521 in 2016 to 7,016 in 2021, indicating rapid expansion. This growth is driving demand for new housing, with numerous land releases and house and land packages currently available in the area. The Logan Reserve State School has also seen increased enrollment, with 512 students reported in 2017.
Infrastructure improvements are underway to support the growing population. The local council has invested in new parks and recreational facilities, including off-leash dog areas and sports courts. While Logan Reserve remains primarily a rural residential suburb, its proximity to major transport routes and ongoing development make it an area of interest for property investors and homebuyers seeking affordable options near Brisbane.
Logan Reserve rental market trends
The rental market in Logan Reserve has experienced moderate growth, with house rents increasing by 5.4% over the past year to $590 per week, while unit rents have seen a more significant rise of 9.3% to $470 per week. This suburb continues to attract interest due to its affordability and potential for future development, making it an appealing choice for both renters and investors.
Suburbs near Logan Reserve
Some popular suburbs near Logan Reserve include: