16/116-136 Station Road Loganlea QLD 4131
16/116-136 Station Road Loganlea QLD 4131
| Corner unit, 143mยฒ | Solar panels, pool access | 95% owner-occupied building | Short market time, strong owner profile |
This apartmentโs competitive strength lies in its configuration and building character. The 143mยฒ corner layout with three bedrooms and three bathrooms is rare for a unit in this price band, offering genuine separation of space that appeals to owner-occupiers or investors targeting professionals. Solar panels reduce ongoing costs, and the buildingโs 95% owner-occupancy signals stable management and lower turnover risk. Positioned near Loganlea State High School and with a pool, it suits a downsizer or a family seeking a low-maintenance home with good amenities. The short listing time suggests motivated sellers, giving a buyer negotiating room if due diligence is swift.
The primary risk is the local marketโs thin transaction volumeโonly nine three-bedroom units sold this year in Loganleaโwhich may slow future resale. The median price is not established, so valuation relies on comparable sales from nearby suburbs. The separate townhouse estimate at $1,043,000 on the same road highlights price divergence, but this unitโs strata title and smaller footprint limit direct comparison. Opportunity lies in the buildingโs long-term resident base (24% over 40 years), indicating a well-maintained complex. Hold this property as a core home or a stable rental; its configuration and building quality should preserve value even in a thin market.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Loganlea is a high-growth, family-oriented suburb where strong demand from young trades and service worker households is driving rapid price appreciation. Recent data shows median house prices have surged 12-22% over the past year, with units rising even faster at 16-38%, supported by quick sales and high transaction volumes. Future growth is underpinned by significant population increases and a tight rental market, though affordability constraints exist with household incomes notably below the Brisbane average and a majority of owners servicing mortgages.