SOLD
RECENT ADVICE
Sold on 10 Sep 2024 for $935,000

54 Logan Reserve Road
Waterford West QLD 4133

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
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Property Details for 54 Logan Reserve Rd, Waterford West

54 Logan Reserve Rd, Waterford West is a 5 bedroom, 3 bathroom DuplexSemi-detached with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom DuplexSemi-detached sold in Waterford West in the last 12 months.

Building Type
DuplexSemi-detached
Local Government
Logan City
Lot/Plan
1/SP302276

Last Listing description (September 2024)

This Huge, well-built dual key property is a perfect investment, boasting excellent long-term tenants and a robust return on investment. Situated in a prime location, it promises both current rental income and future capital growth, setting it apart from typical investment properties.

Property Overview:
Lot Size: 523 m²

Configuration: Two separate units.

Unit 1:
3 Bedrooms, 2 Bathrooms, 1 Car Garage
Living Area: Open-plan layout connecting the living, dining, and kitchen areas to a patio.
Kitchen: Modern with stone benchtops, ample storage, and a gas cooktop.
Bedrooms: Three spacious, carpeted bedrooms with built-in wardrobes, ceiling fans, and a master bedroom with an ensuite and large wardrobe.
Climate Control: Air conditioning in both the living area and master bedroom.
Bathrooms: Neat, functional layout with an ensuite for the master bedroom.
Garage: Single remote-controlled lock-up garage with internal access and laundry facilities.
Outdoor: Fully fenced, secure backyard.
Lighting: LED lights throughout.
Current Rent: $520 per week (lease until 21/06/2025).
Potential Rent: $560 per week.

Unit 2:

2 Bedrooms, 1 Bathroom, 1 Car Garage
Living Area: Open-plan design extending to a patio.
Kitchen: Modern with ample storage and a gas cooktop.
Bedrooms: Two well-sized, carpeted bedrooms with built-in wardrobes.
Climate Control: Air conditioning in the living area and master bedroom.
Bathroom: Spacious, well-designed bathroom.
Garage: Single lock-up garage with separate laundry and storage facilities.
Outdoor: Fully fenced yard.
Lighting: LED lights throughout.
Current Rent: $480 per week (lease until 27/07/2025).

Financial Highlights:
Combined Rent: $1000 per week
Potential Future Rent: $1,040 per week
Council Rates: Single rate for the entire property
No Body Corporate Fees

Prime Location:
Schools:
5 minutes to Marsden State School
2 minutes to Marsden State High School
7 minutes to Canterbury College

Shops & Facilities:
3 minutes to Marsden Park Shopping Centre
3 minutes to Waterford Plaza
6 minutes to Bunnings and Aldi

Transport:
3 minutes to Bus stop
31 minutes to Brisbane CBD
33 minutes to the Gold Coast

Don't Miss Out!
This gem of an investment in the sought-after suburb of Waterford West won’t last long. Secure your dream property today!

Property History for 54 Logan Reserve Rd, Waterford West, QLD 4133

A timeline of how this property has performed in the market
Last Sold
$935,000
10 Sep 2024
Listed for Rent
$480/w
19 Jun 2024
  • 10 Sep 2024
    Sold for $935,000
  • 05 Sep 2024
    Listed for Sale Your Dream Investment returning $1000 a week !!
  • 04 Jun 2024
    Listed for Rent $480 / week
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About Waterford West 4133

The size of Waterford West is approximately 5.3 square kilometres. It has 13 parks covering nearly 10.8% of total area. The population of Waterford West in 2011 was 6,159 people. By 2016 the population was 6,424 showing a population growth of 4.3% in the area during that time. The predominant age group in Waterford West is 0-9 years. Households in Waterford West are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Waterford West work in a labourer occupation. In 2011, 60.5% of the homes in Waterford West were owner-occupied compared with 55.4% in 2016.

Waterford West has 2,947 properties. Over the last 5 years, Houses in Waterford West have seen a 99.22% increase in median value, while Units have seen a 118.59% increase. As at 30 September 2024:

  • The median value for Houses in Waterford West is $697,555 while the median value for Units is $442,620.
  • Houses have a median rent of $520 while Units have a median rent of $420.
There are currently 25 properties listed for sale, and 5 properties listed for rent in Waterford west on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Waterford west.

Suburb Insights for Waterford West 4133

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Contact agent
Niket Kalra
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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.