OFF MARKET

Pimpala Street
Loganlea QLD 4131

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
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Last updated 16 Sep 2024
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Property Details for Lot 24 Pimpala St, Loganlea

Lot 24 Pimpala St, Loganlea is a 5 bedroom, 3 bathroom House with 4 parking spaces.

Building Type
House
Local Government
Logan City

Last Listing description (June 2018)

Calling all Developers/?Investors/?Renovators!!!
An amazing opportunity for the astute buyer- rare dual living property with development potential.
With rental potential of $700 pw, this screams investment but also has potential to subdivide.

Nestled on 1,876sqm of prime land only 50m from a large fully equipped park, this property presents several options and features-
Main House
4 bedrooms, 2 bathrooms
Large back yard
2 storage sheds
Massive paved courtyard area with outdoor brick BBQ/fireplace- perfect for entertaining!!
Granny Flat- 2nd dwelling
Large fully self contained granny flat- approx. 80sqm
Kitchenette/breakfast bar
Separate bathroom
Separate large bedroom
Large living area
Extra Studio Apartment- potential 3rd dwelling!!!!
Currently used as storage but with TLC is a potential extra dwelling
Existing bathroom (water needs to be reconnected), functioning electricity and can be converted into a studio apartment for extra income.
Situated in the booming and highly sought after pocket of Loganlea, this is ideally located with schools, shopping centres, hospital, M1 motorway and much more only a few minutes drive away. Needless to say, this will be snapped up quickly so call Simon Dillon immediately on 0415 633 332.

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Property History for Lot 24 Pimpala St, Loganlea, QLD 4131

A timeline of how this property has performed in the market
  • 26 Jun 2018
    Listed for Sale Offers over $499,000

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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 3,798 properties. Over the last 5 years, Houses in Loganlea have seen a 82.36% increase in median value, while Units have seen a 112.68% increase. As at 31 August 2024:

  • The median value for Houses in Loganlea is $686,465 while the median value for Units is $546,738.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 20 properties listed for sale, and 8 properties listed for rent in Loganlea on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Loganlea.

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