48 Karri Ave, Logan Central is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
Logan Central - it's a suburb which predicts incredible growth over the next few years. In 3 years, we've seen the median house price increase by over $50,000 - and there's no sign of slowing down. It's not difficult to see why - its location is incredible. Commuting is a breeze, within 5 minutes to major motorways and a short drive to the beach or CBD.
There's plenty of shopping centres and dining options within a couple of minutes' drive. There's also been some outstanding development which will contribute to its substantial growth.
What makes this property different to other properties on the market? Its ideal for investors looking for positive cash flow. Potential rental return for this property is between $475-$500 per week. It is well set-up for dual living potential, which lends itself to a whole other realm of possibilities.
The size of Logan Central is approximately 2.9 square kilometres. It has 13 parks covering nearly 12.2% of total area. The population of Logan Central in 2011 was 6,172 people. By 2016 the population was 5,929 showing a population decline of 3.9% in the area during that time. The predominant age group in Logan Central is 10-19 years. Households in Logan Central are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Logan Central work in a labourer occupation. In 2011, 42.7% of the homes in Logan Central were owner-occupied compared with 38.3% in 2016.
Logan Central has 2,608 properties. Over the last 5 years, Houses in Logan Central have seen a 132.76% increase in median value, while Units have seen a 95.96% increase. As at 31 October 2024:
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