905/62 Logan Road, Woolloongabba QLD 4102

Ninth-floor apartment | 2018 build | 52m² internal | 63m² total | 1-bedroom | 1-car space | Flood overlay detected | 29.4% suburb growth rate | 3.7% rental yield | Olympic precinct positioning This unit offers a rare combination of a modern 2018 build and a high floor position within a secure complex, giving a buyer a clear configuration edge over older stock in the same price bracket. The 52m² internal area is competitive for a one-bedroom in this corridor, and the private balcony with district views adds genuine liveability for a professional or investor targeting low-maintenance urban living. The 29.4% suburb growth rate and proximity to the Gabba and Olympic infrastructure reinforce the property’s long-term capital growth case, while the mid-range rental yield of 3.7% supports investor demand. The property serves best a first-home buyer seeking immediate occupancy in a high-growth pocket, or an investor wanting a secure, low-body-corporate unit with strong tenant appeal. The detected flood overlay is the primary specific risk, and a buyer should verify floor level relative to historic flood data and obtain insurance quotes before proceeding. However, the property sits on the ninth floor, which mitigates direct water damage risk, and the overlay may suppress competition from cautious buyers, creating a potential negotiation opportunity. The open car space rather than a secured garage is a minor concession but acceptable at this price point. The property’s positioning within the 2032 Olympic infrastructure precinct and strong NBN and 5G coverage support future demand, but the buyer should confirm body corporate fees and any upcoming special levies, as these can erode yield in newer complexes.