4/24 Garfield Road Logan Central QLD 4114

4/24 Garfield Road Logan Central QLD 4114
2-bedroom townhouse | Logan Central | 42sqm lot | refreshed interior | investor or first-home starter This townhouse occupies a rare position in the market: a low-body-corporate, freshly refreshed two-bedroom unit on a compact lot that suits both first-home buyers seeking affordability and investors chasing a 3.4% suburb yield with 14.1% annual growth. The new paint and carpet remove immediate capital outlay, and the 1988 construction offers solid bones in a well-established complex. It serves best a buyer who values immediate move-in condition, low ongoing costs, and a location with strong rental demandโ€”Woodridge State School catchment and 5G coverage add practical appeal without being premium drivers. The primary risk is the bushfire overlay, which may affect insurance premiums and future resale to cautious buyers, and the 42sqm lot limits extension or land-value appreciation. The $52-per-week body corporate is manageable but permanent. The opportunity lies in the gap between the $552,000 automated estimate and the $599,000 asking priceโ€”negotiation room exists, especially given the 2013 sale at $160,000. Hold this property as a steady cash-flow rental or a low-maintenance owner-occupied starter; do not expect significant capital growth without broader suburb uplift.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 4/24 Garfield Road Logan Central QLD 4114
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Market Insight:

Logan Central is strategically positioned between Brisbane and the Gold Coast, offering relative affordability and strong transport links. Investor interest is a key demand driver, drawn by rapid year-on-year price growth, high rental demand, and the suburb’s ongoing transformation, including a new Economic Hub. The market is characterised by robust capital appreciation for both houses and units, with properties transacting swiftly. Future growth is underpinned by significant local infrastructure investment and economic development plans, though its appeal is balanced by its established affordability profile.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

42mยฒ

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