Logan Village suburb profile
Logan Village is a charming rural suburb located in the Logan City region of Queensland, offering a peaceful lifestyle amidst natural surroundings. Known for its rich history and community spirit, the suburb provides a blend of country living with modern conveniences. Logan Village features spacious properties, local parks, and a quaint village atmosphere, making it ideal for families and those seeking a quieter pace of life. The area is well-connected to nearby urban centers, providing residents with access to shopping, schools, and recreational facilities. Its serene environment and community-focused lifestyle make Logan Village a desirable location for those looking to escape the hustle and bustle of city life.
Logan Village property market performance
Logan Village's property market has shown significant growth in house values over the past 12 months, with a notable increase of 17.2%. The current median house price stands at $1.19 million. However, the unit market remains inactive, with no sales or price changes recorded.
In terms of sales activity, 17 houses were sold over the last 12 months, with properties spending a median of 62 days on the market, indicating a moderate pace of sales. The absence of unit sales suggests a lack of demand or availability in this segment.
The rental market for houses in Logan Village has remained stable, with an average rent of $645 over the past year and no change in rental prices. The unit rental market is non-existent, reflecting the overall inactivity in this sector.
Houses | Units | |
---|---|---|
Median price Past 3 months | $1.19M | N/A |
Change in value Past 12 months | 17.2% | N/A |
Sold Past 3 months | 17 | N/A |
Median days on market Past 12 months | 62 | N/A |
Average rent Past 12 months | $645 | N/A |
Change in rent Past 12 months | -0.8% | N/A |
5 year median price trend for houses and units
Logan Village demographics
Logan Village, located in the Logan City area of Queensland, offers a serene and family-friendly environment, making it an attractive choice for those seeking a peaceful lifestyle away from the hustle and bustle of city life. With a population of 5,316, the suburb is characterized by a mature demographic, with a median age of 42, indicating a community of established families and long-term residents. The area is known for its spacious properties and a strong sense of community, appealing to those who value a quieter, more relaxed pace of life.
The suburb's housing market is predominantly owner-occupied, with a significant 54.2% of properties owned with a mortgage and 34.4% owned outright. This high level of home ownership reflects the stability and commitment of its residents to the area. Rental properties are less common, comprising only 11.4% of the housing market, which suggests a stable community with long-term residents who have invested in their homes and the local area.
Family life is a central aspect of Logan Village, with 47.3% of households being couple families with children, and 40.7% being couple families without children. This balance of family types contributes to a supportive and cohesive community atmosphere. The suburb's relatively high median household income of $2,049 per week indicates a comfortable standard of living, with residents enjoying the benefits of a semi-rural lifestyle while still having access to the amenities and employment opportunities of nearby urban centers.
Logan Village infrastructure, key developments and investment opportunities
Logan Village is undergoing significant development that may impact its property market. The Logan Village Local Plan, endorsed by Logan City Council, aims to develop the town center and surrounding areas. This plan could enhance amenities and potentially increase property values in the coming years. Additionally, the suburb has seen the creation of new residential developments, including smaller lot sizes, which may attract a more diverse range of residents.
Recent infrastructure improvements include the relocation of Camp Cable memorials to the Logan Village RSL grounds, enhancing the area's historical significance. The 'Forest of Memories' outdoor museum, established in 2013, has become a notable local attraction. While public transport remains limited, the suburb's semi-rural character and proximity to the Logan River continue to appeal to families and those seeking a quieter lifestyle within commuting distance of Brisbane.
Logan Village rental market trends
The rental market in Logan Village has remained stable over the past year, with house rents holding steady at $645 per week. There is no data available for unit rents, indicating a potential lack of unit rental properties in the area. This stability suggests a balanced market, providing consistent opportunities for renters and investors alike.
Suburbs near Logan Village
Some popular suburbs near Logan Village include:
How does Logan Village compare to nearby suburbs?
- Median house prices: Logan Village’s median house price is 51.6% higher than Logan Reserve’s.
- House price growth: Over the past 12 months, house prices in Logan Village have grown 9.3% higher than in Logan Reserve.
- Selling speed for houses: Properties in nearby Logan Reserve are selling 19.4% faster than in Logan Village.
- House price growth: Over the past 12 months, house prices in Logan Village have grown 2.8% lower than the average rate of growth across Brisbane.