Question 1

Is Loganlea a nice place to live?

Accepted Answer

Loganlea is an established residential suburb in Logan City centred on its railway station and a compact local shopping strip. The streets mix older low-set weatherboard and brick houses on generous blocks with pockets of newer townhouses and estates, and neighbourhood parks, sports fields and a riverfront reserve provide regular outdoor options. The suburb is home to 8,716 people, with a median age of 31 and a median household income of $1,282 a week. Couple families with children are the largest family type, and renting is the most common tenure at 64.1% of homes.

Major transport and precinct upgrades are under way, including a relocation and upgrade of Loganlea Station with improved pedestrian links, lifts, new bus stops, kiss-and-ride and park-and-ride facilities, and additional bus services connecting the hospital, university and TAFE. Road improvements and the nearby Meadowbrook health and knowledge precinct bring new medical and training facilities and better active-transport connections. That combination makes Loganlea practical for commuters, first-home buyers and households wanting everyday services and outdoor space close by; whether it suits you depends on what you’re after in a suburb.

Question 2

Is it expensive to live in Loganlea?

Accepted Answer

A median house price of $936,000 in Loganlea works out to roughly 14 times a typical local household's annual income at the last Census, so buying sits well above what local households earned at that time.

Renting also takes a large slice of income: with house rent about $550 a week and unit rent about $460 a week against a household income of $1,282 a week at the last Census, a house would take about 42.9% of that weekly income and a unit about 35.9% — a large and a sizeable share respectively. Which measure matters most depends on whether you plan to rent or buy and on your own circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Loganlea a good place to invest?

Accepted Answer

Unit values in Loganlea climbed 25.9% over the past 12 months, a strong rise, while house values also rose strongly, up 15.8%. Rents increased more modestly but still solidly: unit rents were up 7.0% and house rents rose 5.8%. Put another way, capital growth outpaced rental income over the year, and units outperformed houses on both value and rent growth. If rental income is your priority, the rent figures are the ones to focus on; if capital gains matter more, the value changes are the clearer story. What that means for you depends on your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$936K	N/A
Change in value Past 12 months	15.8%	25.9%
Sold Past 3 months	31	8
Median days on market Past 12 months	18	12
Average rent Past 12 months	$550	$460
Change in rent Past 12 months	5.8%	7.0%

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