SOLD
Sold on 21 Feb 2024 for $1,600,000

409 Logan Reserve Road
Logan Reserve QLD 4133

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8453m2
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Property Details for 409 Logan Reserve Rd, Logan Reserve

409 Logan Reserve Rd, Logan Reserve is a 0 bedroom, 0 bathroom House and was built in 1979. The property has a land size of 8453m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 0 bedroom House sold in Logan Reserve in the last 12 months.

Building Type
House
Year Built
1979
Land Size
8453m2
Local Government
Logan City
Lot/Plan
32/RP223190

Last Listing description (May 2024)

ZONED AS EMERGING COMMUNITY

This massive property could immediately be subdivided, with sewage and town water already across the road, or just a home for your family to live the acreage lifestyle right in town.

With more and more families buying small blocks of land in Logan Reserve to build their home in a new and modern environment, this property is definitely a great investment, either for the short term or in the long term.

The development happening just across the road has brought all the necessary in term of infrastructure right to your doorsteps... or just almost. So you can develop immediately, or decide to live on this property for a few years, like living on a farm with your chicken, lambs and veggies' garden, and develop in few years time. The existing house and sheds will accomodate well any growing family.

Just for a basic understanding of the potential in subdivision, here is what could be done:

8,453m2 less 20% for road and infrastructure = 6,762m2
6,762 / 350m2 block = 19 blocks of 350m2

For more information, please do not hesitate to contact us.

Disclaimer: The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification.

Property History for 409 Logan Reserve Rd, Logan Reserve, QLD 4133

A timeline of how this property has performed in the market
Last Sold
$1,600,000
21 Feb 2024
  • 21 Feb 2024
    Sold for $1,600,000
  • 10 May 2021
    Listed for Sale $1,600,000+
  • 11 May 2017
    Listed for Sale Expressions of Interest
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About Logan Reserve 4133

The size of Logan Reserve is approximately 14.6 square kilometres. It has 6 parks covering nearly 1.6% of total area. The population of Logan Reserve in 2011 was 2,154 people. By 2016 the population was 3,549 showing a population growth of 64.8% in the area during that time. The predominant age group in Logan Reserve is 20-29 years. Households in Logan Reserve are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Logan Reserve work in a trades occupation. In 2011, 68.3% of the homes in Logan Reserve were owner-occupied compared with 60% in 2016.

Logan Reserve has 5,750 properties. Over the last 5 years, Houses in Logan Reserve have seen a 90.97% increase in median value, while Units have seen a 72.06% increase. As at 30 September 2024:

  • The median value for Houses in Logan Reserve is $744,248 while the median value for Units is $635,338.
  • Houses have a median rent of $568 while Units have a median rent of $450.
There are currently 65 properties listed for sale, and 22 properties listed for rent in Logan reserve on OnTheHouse. According to CoreLogic's data, 494 properties were sold in the past 12 months in Logan reserve.

Suburb Insights for Logan Reserve 4133

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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.