Property investments in LOGANLEA fare well against the rest of the country last year, registering a median home price increase of 16.39%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains LOGANLEA, 4131 saw average growth in the long term.
Real estate investors could earn a rental income of $550 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 31.7 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $820,000.
LOGANLEA ranks 502nd on the list of best yielding suburbs for rental properties in QLD, posting a 3.49% return.
LOGANLEA, 4131 ranks 206th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 24% for property investors last year.
Based on its average 5-year and quarterly capital gains LOGANLEA, 4131 saw average growth in the long term.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Profits due to an upward trend in home prices in LOGANLEA, 4131 averaged 30.03% per annum over a 3-year period.
Average weekly rents on listings have reached the $500 mark, reflecting a 4.18% increase in returns based on the current median price in LOGANLEA.
An average of 4.5 real estate transactions take place per month in LOGANLEA which translates to 54 per annum.
54 properties were sold in LOGANLEA during the past year, making it the 84th most active market in QLD based on total real estate transactions.
LOGANLEA, 4131 places 193rd in Australia based on median property value growth during the quarter.