31/1848 Logan Rd, Upper Mount Gravatt is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 95m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in May 2007.
**Investment property only**
**Please contact agent for private inspection**
- Total - $34,580 pa based on full occupancy of each room.
Outgoings:
- 8.8% Management Fee
- Body Corp - $5,650pa
- Council Rates - $1,800pa
- Urban Utilities (Water) - $1,400pa
- Services (internet & electricity) - $3,795pa
- Total - $12,645pa ( APPR )
Producing more than 10% gross return on Investment this is an income producing cash-cow that will continue to see solid growth due to its prime location and appealing layout.
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 and interested parties must solely rely on their own enquiries.
The size of Upper Mount Gravatt is approximately 4.3 square kilometres. It has 11 parks covering nearly 5.9% of total area. The population of Upper Mount Gravatt in 2011 was 8,852 people. By 2016 the population was 9,227 showing a population growth of 4.2% in the area during that time. The predominant age group in Upper Mount Gravatt is 20-29 years. Households in Upper Mount Gravatt are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Mount Gravatt work in a professional occupation. In 2011, 59.9% of the homes in Upper Mount Gravatt were owner-occupied compared with 56.2% in 2016.
Upper Mount Gravatt has 5,463 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 78.95% increase in median value, while Units have seen a 69.46% increase. As at 31 July 2024:
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