62D Logan Reserve Road, Waterford West QLD 4133
62D Logan Reserve Road, Waterford West QLD 4133
Compact unit in multi-dwelling complex | mixed family and investor corridor | lowset low-maintenance | school catchments attached | flood context
A compact unit format is presented within a mixed corridor of houses, duplexes and villa clusters. Its principal strength is found in the low-maintenance, lowset layout, which is favoured by first-time owner-occupiers and investors seeking dependable rental returns. Convenient access to schools, shopping and Logan Hospital is offered by the location, and the attached state school catchments are seen as practical family appeal. Given the varied surrounding stock, a well-presented unit of this kind is best suited to buyers prioritising convenience and ease of ownership over land area.
Value may be shaped by the exact land allocation, as compact titles price differently from traditional house blocks. Flood overlay conditions in the area might influence insurance and lender appetite, while age and condition may separate it from newer dual-occupancy stock. Presentation, parking and rental strength are likely to be the key price determinants.
Detailed Independent Property Report prepared by PropCred Analyst team for 62D Logan Reserve Road, Waterford West QLD 4133
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
URL has been copied successfully!
Market Insight
Waterford West is a compact, family-oriented suburb where couples with children dominate and the largest cohort is under nine years old. Demand is driven by young households seeking space, reflected in 8% population growth from 2016 to 2021 and a housing stock that has risen 120% in five years. House values now sit near $800,000, with annual growth around 13%, and homes sell in 32 to 34 days, indicating tight conditions. Sales volume is modest but consistent, and with only seven properties listed last month, supply remains constrained. The suburb’s 13 parks and school catchments add appeal for buyers with children. The key constraint is the unit segment: prices are flat and activity minimal, so any softening in family housing demand would leave little buffer. Overall, Waterford West presents as a steady, high-growth family market underpinned by lifestyle infrastructure and limited stock, though its reliance on detached housing is a structural vulnerability.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 66 Logan Reserve Road, 4-bed house on 951m², sold at $775,000 | Property Price Band: $700K–$800K | Value Drivers: condition, layout, land allocation
Bedrooms
4
Bathroom
2
Parking
1
Land
500m²
URL has been copied successfully!