17/2788 Logan Road, Underwood QLD 4119

3-bed townhouse, small quiet complex | Established 1996, solid build | No flood or bushfire overlay | Strong school catchments within 1km This townhouse presents a rare combination of low-density complex living and practical location, with 20 properties in a well-maintained setting and a 90% owner-occupier ratio that typically supports stable capital growth. The 121m² floorplan with built-in robes and a courtyard offers genuine liveability for first-home buyers or small families, while the absence of flood or bushfire overlays removes two common insurance and resale impediments. Proximity to Eight Mile Plains State School and Rochedale State High School strengthens its appeal to families, and the 5G mobile coverage adds modern connectivity without overstating its importance. The single bathroom and one-car garage may limit appeal for larger households or tenants seeking more space, and the 1996 build means some updating could be required within a decade. Rental income around $605 per week suggests moderate yield rather than exceptional returns, but the property’s position in a quiet complex with strong owner-occupier character reduces turnover risk. For a buyer, this townhouse works best as a long-term hold in a well-located suburb with solid school catchments and low overlay risk—hold for family use or steady rental, not short-term flipping.