Thinking about buying in Logan Reserve? Now could not be a better time, with 5579 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $634,000 with prices in this suburb ranging from $216,000 to $2,662,000. The aproximate distance to the coast is 18 Km.
Median Weekly Rent | $367.86 |
Median Monthly Mortgage | $1682.00 |
Median Persons Per Bedroom | 0.85 |
Average Household Size | 3.00 |
Average Age | 29.86 |
Average Income | $798.52 |
Average Cars Per Dwelling | 1.89 |
Average Properties Within 50M | 20 |
1 Bed  $669,000 |
2 Bed  $979,000 |
3 Bed  $660,000 |
4 Bed  $677,000 |
5 Bed  $890,000 |
6 Bed+$1,161,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Logan Reserve due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Logan Reserve changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Logan Reserve 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Logan Reserve State School
Marsden State High School
Waterford West State School
Saint Philomena School
Marsden State School
Crestmead State School
Waterford State School
St Francis' College
(While the above schools are located with the suburb of Logan Reserve there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.7 | 19.2 | 32.9 | 40.5 | 95.1 | 1.6 | 25.1 |
Feb | 5.4 | 18.9 | 30.5 | 50.2 | 98.5 | 1.3 | 21.5 |
Mar | 5.4 | 18.0 | 29 | 51.8 | 98.2 | 1.1 | 17.6 |
Apr | 1.4 | 13.6 | 27.8 | 45.7 | 98.9 | 0.9 | 16.3 |
May | 3.9 | 9.7 | 23.9 | 49.4 | 99.5 | 0.7 | 13.6 |
Jun | 1.1 | 6.8 | 22.2 | 47.0 | 98.9 | 0.8 | 12.4 |
Jul | 1.4 | 6.4 | 22.1 | 42.4 | 98.6 | 0.9 | 13 |
Aug | 0.4 | 5.3 | 24.2 | 31.9 | 96.5 | 1.1 | 16 |
Sept | 0.4 | 9.2 | 25.8 | 36.7 | 97.9 | 1.3 | 18.2 |
Oct | 2.3 | 12.7 | 28.9 | 37.6 | 97.1 | 1.4 | 20.2 |
Nov | 0.6 | 14.8 | 31.6 | 33.4 | 95.0 | 1.9 | 26.5 |
Dec | 6.1 | 20 | 31.1 | 48.1 | 95.7 | 1.7 | 20.7 |
source: Australian Government Bureau of Meteorology
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