OFF MARKET

45C Pinelands Street
Loganlea QLD 4131

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Floor area: 167m2
Land area: 600m2
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Property Details for 45c Pinelands St, Loganlea

45c Pinelands St, Loganlea is a 5 bedroom, 3 bathroom House and was built in 2019. The property has a land size of 600m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
2019
Floor Size
167m2
Land Size
600m2
Local Government
Logan City
Lot/Plan
7/SP286635

Last Listing description (February 2024)

Situated in an emerging pocket of the ever-growing suburb of Loganlea, this Dual Occupancy is the ideal buy-and-forget investment, with a fantastic weekly return of $850! Being just 4 years old, this property also has plenty of depreciation benefits left.

H A L L M A R K S
~ NO BODY CORP.

~ One Council rates notice.
~ Units separately metered for electricity & water. Full consumption can be charged back to tenants.
~ Large fully fenced yard spaces

I N S I D E
Unit 1:
~ Open plan kitchen, dining & living space with air-conditioning
~ Well-appointed kitchen with electric cooking & dishwasher, plus large island bench with breakfast bar
~ Main bedroom with ensuite, large built-in closet & ceiling fan
~ Two more bedrooms, both with built-ins & ceiling fans
~ Main bathroom with bathtub & separate toilet
~ Storage cupboards
~ Outdoor alfresco, with oversized backyard
~ Single lock-up remote garage
~ Security screens to windows and doors throughout

Unit 2:
~ Open plan kitchen, dining & living space (with air-conditioning & ceiling fan)
~ Well-appointed kitchen with electric cooking & dishwasher
~ Main bedroom with built-ins, ceiling fan & access to bathroom
~ Second bedroom with built-ins & ceiling fan
~ Two-way bathroom
~ Storage cupboards
~ Outdoor alfresco, with oversized backyard
~ Single lock-up remote garage
~ Security screens to windows and doors throughout

T E N A N C Y
~ Currently achieving a combined rent of $850p/week
~ Unit 1 lease expiry: May 2024
~ Unit 2 lease expiry: August 2024

A full list of outgoings is available upon request.

T A Y L O R 'S Comments:
"These properties with dual incomes are very much the desired investment in Loganlea at present, as the strong yields prove too good to pass up! This one is sitting around 5.7% and is the ideal buy & forget-investment opportunity! Plenty of depreciation benefits on offer, plus a location that is in a growth corridor, with plenty of infrastructure moving into the Loganlea area!"

L O C A T I O N
Walking distance to bus stops & parklands. Logan Hospital, Griffith University, Logan Tafe & Meadowbrook Shops, all within a 7-minute drive!

*Please note that while every effort has been made to ensure the accuracy of these particulars, we advise interested parties to conduct their own inspections and due diligence. All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided.

Property History for 45c Pinelands St, Loganlea, QLD 4131

A timeline of how this property has performed in the market
Last Sold
$790,000
05 Sep 2023
  • 05 Sep 2023
    Sold for $790,000
  • 30 Aug 2023
    Listed for Sale Not Disclosed
  • 07 Jul 2020
    Listed for Rent $300 / week
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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 3,799 properties. Over the last 5 years, Houses in Loganlea have seen a 86.63% increase in median value, while Units have seen a 121.92% increase. As at 30 September 2024:

  • The median value for Houses in Loganlea is $692,556 while the median value for Units is $559,941.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 21 properties listed for sale, and 5 properties listed for rent in Loganlea on OnTheHouse. According to CoreLogic's data, 162 properties were sold in the past 12 months in Loganlea.

Suburb Insights for Loganlea 4131

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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.