OFF MARKET

Barcoo Drive
Logan Reserve QLD 4133

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 125m2
Land area: 580m2
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Last updated 11 Nov 2024
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Property Details for Lot 6 Barcoo Dr, Logan Reserve

Lot 6 Barcoo Dr, Logan Reserve is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 580m2 and floor size of 125m2.

Building Type
House
Year Built
2021
Floor Size
125m2
Land Size
580m2
Local Government
Logan City

Last Listing description (June 2021)

Wide Frontage CASH FLOW POSITIVE FROM DAY ONE

3+2 Bedrooms | 2+1 Bathrooms | 1+1 Garage - Extra Car Parking

Investors look no further, this property has all the critical fundamentals in place to make this home the ideal investment to help with your retirement.

Logan Reserve is one of the fastest growing areas on the South Side of Brisbane and an ideal place for families to live and enjoy life and for investors to enter the market.

Only a short drive to the M1 and Logan Motorway, and just 40minutes from Brisbane city and about the same distance to the Gold Coast. You could be swimming on the coast during the day and enjoying the city lights of Brisbane at night!

CAPITAL GROWTH

We all know capital growth lies in the land content and with a 580m2 block the price of this home is only going to go up in time, ensuring term capital growth on top of the high rental yields.

Property Type: Dual Key
Location: Logan Reserve

HOUSE & LAND PURCHASE - two contracts
Land size: 580m2 Land price: $255,000
Total size: 211m2 Build price: $321,000
Turn Key Pricee: $576,000

Rental Estimate - $660 - $720 per week

PROPERTY HIGHLIGHTS

- FULL TURN KEY
- 6 star energy efficiency
- 7 Year Structural Warranty
- 6mth Maintenance period
- Automatic garage doors
- Turf & landscape gardens
- Fully fenced
- Concrete driveways, paths & patios
- Split A/C to both dwellings with remote controls
- Fanlights to bedrooms
- Quality paints
- Main bed with en-suite
- Plenty of storage throughout
- Designer kitchen with stainless steel appliances
- Clothesline, TV antenna & letterbox
- Carpet & Tile throughout
- Vertical blinds to all windows,
- Safety screens and window locks throughout
- Security screens to external doors
- 170ltr HWS to each dwelling
- 3 Visitor car parks
- Garage remote controls
- 12 Month maintenance
- 5 year rental gaurantee
Please note: All pictures shown are for illustrative purposes only
For more information call Aaron Weaver on 0412828702

TO RESERVE THIS PROPERTY

* Complete an Expression of Interest with Asset Property Partners and a $1,000 deposit to hold this opportunity.
* Two Contracts - Land and Build. Standard conditions - Pay no stamp duty on the build. 14 days finance, 10% balance deposit paid at finance approval. 5% deposit on Building Contract with Builder. Progressive construction drawdowns.

HOW WE CAN HELP YOU

Through our trusted network of builders and land developers across South East Queensland, Asset Property Partners offers a no cost service that helps everyday Australian's make smarter property choices. Let us help you save time and money whilst taking the hassle out of building!

Contact Aaron Weaver on 0412828702 for a more information or email aaron@assetpropertypartners.com.au

Property History for Lot 6 Barcoo Dr, Logan Reserve, QLD 4133

A timeline of how this property has performed in the market
  • 23 Feb 2021
    Listed for Sale $559,305

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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 5,639 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 73 properties listed for sale, and 27 properties listed for rent in Logan reserve on OnTheHouse. According to CoreLogic's data, 371 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.