The suburb’s capital gain of -4.6% for the past year is lower than average compared to its 19.14% growth within a five-year period.
Also in LOGAN RESERVE, the median home price is sitting at $373,500, and the average rent at $395, this suggests property owners could potentially earn a 5.5% increase in gross rental yield.
Property investors have seen a -1.71% drop in LOGAN RESERVE based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.47% growth over a ten-year period. It ranks 3590th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-4.6%||N/A|
|Median 3 years||8.5%||N/A|
|Median 5 years||19.14%||N/A|
|10 years average annual||1.47%||N/A|
|Weekly media advert. rent||$395||N/A|
|Time on Market||80.6 days||0.0 days|
|Gross Rental Yield Percent||5.5%||N/A|