SOLD
Sold on 30 Sep 2024 for $885,000

59 Miamax Place
Logan Reserve QLD 4133

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 94m2
Land area: 421m2
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Property Details for 59 Miamax Pl, Logan Reserve

59 Miamax Pl, Logan Reserve is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2019. The property has a land size of 421m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom Unit sold in Logan Reserve in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
94m2
Land Size
421m2
Local Government
Logan City
Lot/Plan
1346/SP303652

Last Listing description (October 2024)

59 Miamax Place, Logan Reserve | All Buyers $869,000 - $889,000
Ideal Location | Excellent Rental Returns | Dual Income

Discover a fantastic dual-key property offering strong rental returns with two separate, fully self-contained units perfect for savvy investors or multi-generational living. Situated in the thriving Logan Reserve area, this property combines modern living with a strategic location, close to schools, parks, and shopping.

Unit 1:
3 Bedrooms | 2 Bathrooms
Spacious open plan living
Modern kitchen with quality finishes
Covered outdoor area for year-round enjoyment
Small, low-maintenance backyard
1-Car Auto Garage, internal access
Currently rented for $450 per week (Lease expires: 08/12/2024)

Unit 2:
2 Bedrooms | 1 Bathroom
Bright, open living and dining area
Functional kitchen
Covered outdoor area with a small yard
1-Car Auto Garage,
Currently rented for $400 per week (Lease expires: 06/10/2025)

Total rental income: $850 per week with secure, long-term tenants in place.
NEW TOTAL RENTAL IN TODAY'S MARKET IS AROUND $1000 PER WEEK

59 Miamax Place, Logan Reserve is in a fast-growing region, making it the perfect investment for anyone seeking long-term rental returns and capital growth. The property is ideally situated near essential amenities, public transport, and major roads, providing convenience and high tenant demand.

This is a low-risk, high-reward investment opportunity that wont last long!

Contact us today for further information!

Property History for 59 Miamax Pl, Logan Reserve, QLD 4133

A timeline of how this property has performed in the market
Last Sold
$885,000
30 Sep 2024
  • 30 Sep 2024
    Sold for $885,000
  • 24 Sep 2024
    Listed for Sale ALL BUYERS $869,000 - $889,000
  • 09 Apr 2019
    Sold for $236,000

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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 5,636 properties. Over the last 5 years, Houses in Logan Reserve have seen a 90.30% increase in median value, while Units have seen a 82.67% increase. As at 31 October 2024:

  • The median value for Houses in Logan Reserve is $747,595 while the median value for Units is $623,050.
  • Houses have a median rent of $580 while Units have a median rent of $485.
There are currently 62 properties listed for sale, and 23 properties listed for rent in Logan reserve on OnTheHouse. According to CoreLogic's data, 392 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.