SOLD
Sold on 02 Sep 2024 for $489,000

33 Spruce Street
Loganlea QLD 4131

Bedrooms: 7
Bathrooms: 3
Car spaces: 2
Floor area: 109m2
Land area: 632m2
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Property Details for 33 Spruce St, Loganlea

Building Type
Land
Year Built
1990
Floor Size
109m2
Land Size
632m2
Local Government
Logan City
Lot/Plan
2/SP291880

Last Listing description (September 2024)

Good Block, Fantastic Location, Demolition project or Builders project! This 632 sqm of flat flood-free land in Loganlea, a half built 7 bedrooms house that needs a builder or a developer to restore it to its final glory. Whichever path is chosen, you can be sure that the new owner of this property will be thanking themselves for years to come. This is a great opportunity considering the average land selling in the Loganlea is as small as 350 sqm.

On offer at what is sure to be Loganlea's best value for money is this exciting restore or demolition rebuild opportunity in which Loganlea/Meadowbrook precinct is undertaking a major road and transportation infrastructure for easy access to M1 motorway. The Logan City also has a future plan to upgrade Loganlea train station, to make sure it can accommodate future growth in the region and deliver the benefits to the local community. So what are you waiting for!

Our motivated owner has issued clear MUST SELL instructions and move on from this wonderful piece of real estate.

Location can't get any better:

- 5 minutes drive to Loganlea Hospital
- 5 minutes drive to Loganlea train station
- 5 minutes drive to Waterford West State School
- 5 minutes drive to Loganlea State High School
- 5 minutes drive to Meadowbrook Shopping Centre
- 5 minutes drive to access to M1 motorway
- 6 minutes drive to access to Logan Motorway
- 7 minutes drive to Griffith University Logan Campus

Positioned in a central location. This property is only available to the buyer who acts NOW. Contact Vivienne Cheah & Ramin Bay for an inspection now!

**Disclaimer: All information is provided in good faith and is accurate to the best of our knowledge, but Ray White Logan City takes no responsibility for any error or omission. Buyers are encouraged to conduct their own enquiries and should satisfy themselves as to all aspects of the property prior to making any purchasing decision.

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Property History for 33 Spruce St, Loganlea, QLD 4131

A timeline of how this property has performed in the market
Last Sold
$489,000
02 Sep 2024
  • 02 Sep 2024
    Sold for $489,000
  • 06 Jun 2024
    Listed for Sale Auction
  • 19 Sep 2022
    Transferred for $335,000
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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 3,775 properties. Over the last 5 years, Houses in Loganlea have seen a 91.56% increase in median value, while Units have seen a 124.44% increase. As at 31 October 2024:

  • The median value for Houses in Loganlea is $697,128 while the median value for Units is $582,664.
  • Houses have a median rent of $510 while Units have a median rent of $480.
There are currently 25 properties listed for sale, and 12 properties listed for rent in Loganlea on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Loganlea.

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