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Logan Central

POSTAL CODE: QLD, 4114
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 52.13% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $715,000

The augmented property values in the suburb are trailing behind the territorial average of 12.36% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $530.

Home owners selling their properties and realtors in LOGAN CENTRAL usually have to wait an average of 49 days days before their assets are lifted off the market.

The QLD suburb ranks 356th on the list of best yielding suburbs for rental properties in QLD, posting a 3.85% return.

It also places places 648th in Australia based on median property value growth during the quarter.

Surburb overview

Logan Central is a mixed-use suburb located approximately 24.5 kilometres southeast of Brisbane's central business district (CBD). It serves as the city's central business district and administrative centre. 

According to the 2021 census, Logan Central had a population of 6,210 people, with a median age of 32. The suburb is culturally diverse, with 50.3% of residents born in Australia, followed by New Zealand (9.6%), Burma (3.2%), England (2.5%), and Samoa (2.5%). English is the predominant language spoken at home (59.7%), with other languages including Samoan (5.4%), Karen (1.6%), and Burmese (1.3%). 

Logan Central hosts several educational institutions. Wembley Road, located at 133 Wembley Road, has 751 students enrolled in special education and intensive English language programs. Woodridge State High School is a government secondary school (7-12) on the road. In 2018, it had 1,327 students enrolled and includes a special education program. Logan City Special School provides primary and secondary education for students with special needs. The school has 171 students enrolled.

Logan Central is the administrative centre of Logan City. It houses the Logan City Council offices, the Logan Art Gallery, a public library, and a police station. The Logan Art Gallery, opened in 1995, showcases local and visiting exhibitions. The Logan Central Library, located at 26 Wilbur Street, provides a range of services to the community. Additionally, Logan Gardens offers recreational facilities, including playgrounds and pathways, and was the site for the Olympic Torch Relay in 2000.

Logan Central is well-serviced by public transport. The Woodridge railway station provides access to Brisbane and surrounding areas, and several bus routes also operate through the suburb, enhancing connectivity for residents.

As of recent reports, the median property price for a house in Logan Central is approximately $619,000, with an annual capital growth of 27.96%. Rental yields for houses are around 4.65%, with a median rent of $540 per week. The suburb has experienced significant growth in property values, reflecting its increasing appeal among investors and homebuyers. 

Logan Central's role as the administrative heart of Logan City, combined with its cultural diversity, educational facilities, and accessibility, contributes to its significance within the region. The suburb's amenities and ongoing development make it a focal point for residents and businesses in the area.

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