1-11 Storey Road Logan Village QLD 4207
1-11 Storey Road Logan Village QLD 4207
Acreage near town centre | Four-bedroom modern home | High owner-occupier area | Recent comparable sale nearby
This property offers a rare combination: acreage living on nearly four hectares within walking distance of Logan Villageโs schools and shops. The modern four-bedroom home, with its stainless-steel kitchen and built-in robes, is move-in ready, removing the immediate renovation burden that often comes with larger land holdings. For a buyer seeking space for vehicles, boats, or a small hobby setup, the generous land and practical floor plan serve as a strong negotiating position. The high owner-occupier rate in Logan Village suggests stable neighbourhood demand, and the recent sale of a nearby Storey Road property at $1.42 million provides a credible floor for value, reinforcing that this is not an overpriced outlier.
The principal risk is the limited depth of comparable sales on this specific street, which may slow future resale if market conditions soften. The propertyโs positioning as a modern house on large land means it appeals to a narrower buyer poolโfamilies or downsizers wanting space without a rural commuteโrather than investors seeking high rental yields. However, the lack of heritage restrictions and Logan Councilโs development framework offer optionality: holding for capital growth in a fast-growing corridor is a sound strategy, while the landโs subdivision potential could be explored if zoning permits. Use this property as a long-term family holding with the option to leverage its land value in five to seven years.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Logan Village is a tightly held residential market experiencing strong capital growth, driven by owner-occupiers capitalising on its development pipeline and town centre enhancement. This demand has led to robust price appreciation and a rapid sales environment for houses, supported by critically low rental vacancy. Future growth is underpinned by council-endorsed local planning, though the market faces constraints from a sharp annual decline in available stock and a completely inactive unit sector, indicating a singular, supply-constrained housing segment.