SOLD
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Sold on 12 Dec 2024 for $766,000

13/5 Richards Street
Loganlea QLD 4131

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 183m2
Land area: 371m2
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Property Details for 13/5 Richards St, Loganlea

13/5 Richards St, Loganlea is a 5 bedroom, 3 bathroom DuplexSemi-detached with 4 parking spaces and was built in 2018. The property has a land size of 371m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 5 bedroom DuplexSemi-detached sold in Loganlea in the last 12 months.

Building Type
DuplexSemi-detached
Year Built
2018
Floor Size
183m2
Land Size
371m2

Last Listing description (December 2024)

Discover an outstanding investment opportunity with this dual occupancy property, ideally located in the growing suburb of Loganlea. Built in 2018, this modern property offers two residences, with separate entrances on a 371m² block, perfect for dual-income potential or multigenerational living.

Property Features:

Residence 1:

• 3 bedrooms, 2 bathrooms with bath, spacious living, dining area, patio with small yard area and single car garage.
• Total area 113.65m².

Residence 2:
• 2 bedrooms, 1 bathroom with bath, open-plan living, patio with small yard area and single car garage.
• Total area 92.66m².
Combined floor size of 183.66m².

Fully fenced, low-maintenance yards.
Current long-term tenants in both units totaling $870/week rent.
Loganlea is a thriving suburb with excellent transport links, close to schools, parks, and shopping centers. With a growing population and strong rental demand, this property offers a fantastic yield for savvy investors.
Don't miss out on this rare dual occupancy in a high-growth area!

Disclaimer:
In preparing this information we have used our best endeavours to ensure that the information is true and accurate. We accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify any information contained herein. Images and artist impressions are indicative only and may not be of this unit. Images may include internal and external furniture and fittings which are not included in the price.

Property History for 13/5 Richards St, Loganlea, QLD 4131

A timeline of how this property has performed in the market
Last Sold
$766,000
12 Dec 2024
Listed for Rent
$310/w
04 Jun 2019
  • 12 Nov 2024
    Sold for $766,000
  • 19 Oct 2024
    Listed for Sale Offers over $750,000
  • 30 Apr 2019
    Listed for Rent - Price not available
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About Loganlea 4131

The size of Loganlea is approximately 5.6 square kilometres. It has 19 parks covering nearly 4.2% of total area. The population of Loganlea in 2011 was 6,172 people. By 2016 the population was 7,311 showing a population growth of 18.5% in the area during that time. The predominant age group in Loganlea is 20-29 years. Households in Loganlea are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Loganlea work in a labourer occupation. In 2011, 46% of the homes in Loganlea were owner-occupied compared with 39.1% in 2016.

Loganlea has 3,802 properties. Over the last 5 years, Houses in Loganlea have seen a 93.29% increase in median value, while Units have seen a 114.95% increase. As at 30 November 2024:

  • The median value for Houses in Loganlea is $710,654 while the median value for Units is $556,086.
  • Houses have a median rent of $520 while Units have a median rent of $500.
There are currently 16 properties listed for sale, and 11 properties listed for rent in Loganlea on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Loganlea.

Suburb Insights for Loganlea 4131

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Contact agent
Michael Fordyce
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Brookview Property Group
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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.