18 Logan Street, North Booval QLD 4304
18 Logan Street, North Booval QLD 4304
3 bedrooms, 1 bathroom, 1 car garage on 608m². Single-story with floorboards, built-in robes, split system air conditioning, and an outdoor entertainment area. Fully fenced. Flood overlay detected. 141m² building size.
The property’s strongest competitive edge is its 608m² lot, which is generous for a single-story house and provides significant outdoor space with only 23% building coverage. This positions it well for families or investors seeking a property with room to expand or enhance over time. The 6.1% rental yield signal suggests strong demand from tenants, making it particularly suited to investors looking for cash flow in a convenient North Booval location. The reliable NBN Fibre and 5G coverage add to its appeal for modern buyers who value connectivity.
The flood overlay is the primary factor that may materially affect value, as it could increase insurance costs and limit some lending options, though it does not preclude development with proper mitigation. The single-car garage is a constraint compared to typical stock in the area, which may reduce appeal for buyers with multiple vehicles. The property’s condition, described as having potential to enhance, suggests renovations might be needed, which could influence the final price a buyer is willing to offer.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Logan Street, North Booval QLD 4304
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✓
Execution Risk
!
1
Market Insight
North Booval is a family-oriented suburb with a young demographic, positioning it as an affordable entry point into the Ipswich corridor. Demand is driven by owner-occupiers and investors attracted to its relative value, evidenced by exceptionally strong recent capital growth and a brisk sales market with houses transacting rapidly. Future growth is underpinned by its established residential character and appeal to young families, though its sensitivity to broader economic conditions remains a key consideration given its recent rapid price appreciation.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
608m²
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