Located in Queensland within the Logan local government area, Loganlea is a mid-sized suburb (postcode 4131). With a population of 8,716, the suburb has a predominantly early-career demographic with a median age of 31. Households earn a median income of $67K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.1% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, community & personal service, labourers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Median house prices in Loganlea stand at $690,000, having risen steeply by 16.9% over the last twelve months. Units have a median price of $420,000 (+14.6% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,450.
Loganlea is served by 1 school, including 1 secondary. The average ICSEA score is 930, which is below the national average of 1,000. Public transport access includes 13 rail stations, 19 bus stops. The crime rate in the Logan LGA is moderate at 7,987 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 4.2%, which reads as moderate yield. Property prices sit below the state median ($690K/$1.1M), which can point to relative value. The price-to-income ratio of 10.4x is considered stretched. House prices have moved +16.9% year-on-year. Population growth of +3.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.