OFF MARKET

7 Sopwith Street
Loganholme QLD 4129

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 87m2
Land area: 1295m2
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Property Details for 7 Sopwith St, Loganholme

7 Sopwith St, Loganholme is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1985. The property has a land size of 1295m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1985
Floor Size
87m2
Land Size
1295m2
Local Government
Logan City
Lot/Plan
159/RP133992

Last Listing description (May 2021)

Number 7 Sopwith Street Loganholme is a property with enormous potential. The 1,295 m2 block is flat with broad street frontage enjoying access down both sides of the block. There is immediate access onto the M1 in both directions and the large shed would be the perfect location for a home business.

An astute buyer might consider a subdivision, one into two (Subject to council approval).
The existing home is a solidly built lowset with a long-standing tenant. Current rental trends indicate a potential rental return of $380-$400/week. The interiors have been well maintained and there are two living areas.

WHAT WE LOVE ABOUT THIS PROPERTY:

Nathan Strudwick is the marketing agent, "Subdividing a block and adding more dwellings can in some cases double its value, but you don't necessarily need to fork out hundreds of thousands of dollars to reap the rewards."

FEATURES:
•Subdivision potential of 1 into 2 blocks (subject to council approval)

Inside:
•Three bedrooms
•One two-way bathroom
•Modern kitchen
•Two separate living areas
•Splits system air conditioning
•Ceiling fans
•Outdoor entertaining area
•Tandem carport

Outside:
•6m x 6m shed approx.
•Carport
•Inground swimming pool
•Dog proof back yard

SERVICES:
•NBN connected
•Town water & sewerage
•Water tank

LOCATION:
•Easy access to M1 for travel either north or south
•3 minutes to Logan Hyperdome
•7 minutes to John Paul College
•7 minutes to Griffith University Logan Campus
•30 minutes to Brisbane CBD
•40 minutes to the Gold Coast

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Property History for 7 Sopwith St, Loganholme, QLD 4129

A timeline of how this property has performed in the market
Last Sold
$420,000
06 Nov 2020
  • 06 Nov 2020
    Sold for $420,000
  • 06 Oct 2020
    Listed for Sale Low to mid $400k
  • 13 Nov 2010
    Sold for $385,000
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About Loganholme 4129

The size of Loganholme is approximately 9.1 square kilometres. It has 16 parks covering nearly 7.8% of total area. The population of Loganholme in 2011 was 6,125 people. By 2016 the population was 6,302 showing a population growth of 2.9% in the area during that time. The predominant age group in Loganholme is 0-9 years. Households in Loganholme are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Loganholme work in a trades occupation. In 2011, 72.8% of the homes in Loganholme were owner-occupied compared with 69.6% in 2016.

Loganholme has 3,347 properties. Over the last 5 years, Houses in Loganholme have seen a 85.98% increase in median value, while Units have seen a 96.64% increase. As at 31 October 2024:

  • The median value for Houses in Loganholme is $772,955 while the median value for Units is $726,057.
  • Houses have a median rent of $600 while Units have a median rent of $568.
There are currently 28 properties listed for sale, and 21 properties listed for rent in Loganholme on OnTheHouse. According to CoreLogic's data, 170 properties were sold in the past 12 months in Loganholme.

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