Slacks Creek suburb profile
Slacks Creek is a suburban area located in Logan City, Queensland, approximately 21km south of Brisbane's CBD. Known for its diverse community and affordable housing options, it appeals to families and first-time homebuyers. The suburb features a mix of residential, commercial, and light industrial areas, providing a range of employment opportunities. Slacks Creek is well-served by public transport and major road networks, including the Pacific Motorway, ensuring easy access to Brisbane and the Gold Coast. With local amenities such as schools, parks, and shopping centres, Slacks Creek offers a convenient and family-friendly lifestyle.
Slacks Creek property market performance
Slacks Creek's property market has experienced significant growth over the past 12 months, with house values increasing by 21.5% and unit values surging by 38.5%. The current median house price stands at $715,000, while the median unit price is $470,000, indicating strong demand across both property types.
Sales activity has been robust, with 46 houses and 11 units sold over the past 12 months. Properties are moving quickly, with houses spending a median of just 12 days on the market and units 15 days, reflecting a competitive market environment.
The rental market in Slacks Creek has also seen notable increases, with average rent for houses rising by 10% and units by 6.9% over the last year, suggesting a healthy demand for rental properties in the area.
Median price - houses$720KPast 3 months
Median price - units$519KPast 3 months
Change in value - houses22.3%12 months
Change in value - units38.6%12 months
Houses sold39Past 3 months
Units sold12Past 3 months
Median DOM - houses13Past 12 months
Median DOM - units15Past 12 months
Average rent - houses$560Past 12 months
Average rent - units$430Past 12 months
Change in rent - houses12.0%Past 12 months
Change in rent - units7.5%Past 12 months
Slacks Creek demographics
Slacks Creek, located in Logan City, Queensland, is a suburb that offers a blend of suburban living with convenient access to urban amenities. With a population of 10,408 and a median age of 35, it is a community that caters to a diverse range of residents, from young families to established professionals. The suburb's proximity to major transport routes and shopping centers makes it an attractive option for those seeking a balanced lifestyle.
The housing landscape in Slacks Creek is varied, with a significant portion of properties being rented, accounting for 44.5% of the housing market. This high rental rate indicates a demand for flexible living arrangements, appealing to both transient residents and those looking for short-term accommodation. Meanwhile, 21.9% of properties are owned outright, and 33.6% are owned with a mortgage, reflecting a stable community with a mix of long-term homeowners and new buyers entering the market.
Family dynamics in Slacks Creek are diverse, with couple families with children making up 38.5% of the population, while couple families without children account for 29.8%. One-parent families also represent a significant portion at 29.2%, highlighting the suburb's inclusivity and support for various family structures. The median total household income of $1,301 per week suggests a community that is economically accessible, providing opportunities for a wide range of residents to thrive in this suburban setting.
Slacks Creek infrastructure, key developments and investment opportunities
Slacks Creek is experiencing some notable developments that may impact its property market. The $1 billion redevelopment of the Logan Hyperdome shopping center is set to transform the retail landscape, potentially boosting local property values and attracting new residents. Additionally, infrastructure upgrades like the recently completed Paradise Road fishway are improving environmental connectivity in the area.
The suburb is also benefiting from ongoing revitalization efforts along Slacks Creek itself, including riparian rehabilitation, community activation projects, and public art installations. These initiatives are enhancing livability and recreational amenities. While no major new residential developments were identified, these improvements to local infrastructure and amenities are likely to sustain demand for properties in Slacks Creek and contribute to its appeal as a growing suburb within Logan City.
Slacks Creek rental market trends
The rental market in Slacks Creek has experienced growth, with house rents increasing 10% over the past year to $550 per week, while unit rents have risen 6.9% to $425 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 Slacks Creek
Some popular suburbs near Slacks Creek include: