All About Crestmead, Logan, QLD, 4132

Crestmead, located in Logan City, Queensland, has seen considerable changes in its housing market over recent years. Traditionally known for its affordability compared to Brisbane and Gold Coast, Crestmead has become a sought-after suburb for first-time homebuyers and investors alike. The suburb offers a mix of housing types, from older established homes to more modern developments, providing a range of choices for different budgets and preferences. The attractive price points, coupled with a strong rental demand, make Crestmead an appealing option for investment. Additionally, ongoing infrastructure developments and improved connectivity to major cities have contributed to a gradual increase in property values, signaling a promising outlook for the housing market in this region.

Living in Crestmead offers residents a balanced blend of urban convenience and suburban tranquility. The suburb is well-equipped with essential amenities including schools, shopping centers, and recreational facilities, ensuring a comfortable lifestyle for families and individuals. Proximity to natural attractions, such as parks and bushland reserves, enhances the appeal of residing in this area, offering plenty of outdoor activities and a general sense of community. Public transport options and main thoroughfares provide easy access to Brisbane and surrounding areas, making it a practical choice for commuters. Crestmead's friendly neighborhood vibe, combined with its relative affordability and growing infrastructure, makes it an attractive place to call home.

Crestmead Real Estate Market Outlook

Thinking about buying in Crestmead? Now could not be a better time, with 5270 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $546,000 with prices in this suburb ranging from $237,000 to $8,419,000. The aproximate distance to the coast is 20 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Crestmead is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Crestmead leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. High density population in Crestmead requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Crestmead we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Crestmead a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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