FOR SALE
New Build
$1,013,000

Contact Agent For Address
Hillcrest QLD 4118

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 239m2
Land area: 368m2
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6 bed DUAL IN HILLCREST - RIGHT IN THE MIDDLE OF LOGAN'S HIGH GROWTH AREA!

This property is located in the council area of Logan.
Why LOGAN? Consistent long term growth, above average rental returns and low vacancy rates makes LOGAN attractive to investors. Abundant schools, an abundance of shopping options along with plentiful strong employment hubs in all suburbs makes the Logan area in particular an "in demand" area for housing.
The Opportunity: this property gives twice the opportunity. Not one rent but two! From the street front it appears to be a single family home, but it is when you look inside that you realize that there are two separate dwellings included in this property. That is right - two dwellings - two incomes! This property is strong positively geared right from the first month for most investors.
• The features of a dual living property are:
• Positive cash flow
• Low outgoings - no body corporate fees, low council rates and water rates
• Achievable rents are approx 50% higher than the typical 4 bedroom house
• Located in high growth area, with high rental demand
• Located in prime quality residential estates
• Located in high population areas close to fast expanding hubs
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Property Details for Contact Agent For Address, Hillcrest

Contact Agent For Address, Hillcrest is a 6 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 368m2 and floor size of 239m2. The place is currently for sale with My Property Shop.

Building Type
House
Floor Size
239m2
Land Size
368m2

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About Hillcrest 4118

The size of Hillcrest is approximately 3.2 square kilometres. It has 14 parks covering nearly 12.6% of total area. The population of Hillcrest in 2011 was 5,228 people. By 2016 the population was 5,626 showing a population growth of 7.6% in the area during that time. The predominant age group in Hillcrest is 0-9 years. Households in Hillcrest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hillcrest work in a machinery operators and drivers occupation. In 2011, 61.4% of the homes in Hillcrest were owner-occupied compared with 57.7% in 2016.

Hillcrest has 3,199 properties. Over the last 5 years, Houses in Hillcrest have seen a 95.22% increase in median value, while Units have seen a 104.93% increase. As at 31 July 2024:

  • The median value for Houses in Hillcrest is $736,318 while the median value for Units is $465,617.
  • Houses have a median rent of $550 while Units have a median rent of $465.
There are currently 30 properties listed for sale, and 11 properties listed for rent in Hillcrest on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in Hillcrest.

Suburb Insights for Hillcrest 4118

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Contact agent
Kaye Tilley
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John Tilley
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My Property Shop
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.