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 experienced significant growth over the past 12 months, particularly in the housing sector. House values have surged by 18.4%, with the median house price reaching $1.16 million. In contrast, unit values have seen a modest increase of 6.1%, with the median unit price at $415,000.
Sales activity has been limited, with 20 houses and only 2 units sold in the past 12 months. Houses are selling relatively quickly, with a median of 34 days on the market, while units are taking considerably longer at 174 days, indicating a softer demand for units.
The rental market in Logan Village has shown a dramatic shift, particularly for units, where average rent has skyrocketed by 124.4% over the last 12 months. In contrast, house rents have seen a modest increase of 2.0%, reflecting differing demand dynamics in the rental sector.
Median price - houses$1.07MPast 3 months
Median price - units$415KPast 3 months
Change in value - houses14.4%12 months
Change in value - units6.1%12 months
Houses sold20Past 3 months
Units sold2Past 3 months
Median DOM - houses29Past 12 months
Median DOM - units174Past 12 months
Average rent - houses$750Past 12 months
Average rent - units$920Past 12 months
Change in rent - houses-6.3%Past 12 months
Change in rent - units124.4%Past 12 months
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 experienced a dramatic shift, with house rents seeing a modest increase of 2.0% over the past year to $765 per week. In contrast, unit rents have surged by an astonishing 124.4% to $920 per week. This significant rise in unit rents highlights a growing demand for rental properties in the area, making Logan Village an intriguing prospect for investors and renters alike.
Suburbs near Logan Village
Some popular suburbs near Logan Village include: