502/62 Logan Road, Woolloongabba QLD 4102
502/62 Logan Road, Woolloongabba QLD 4102
2 bed 2 bath 1 car | The Drapery high-rise | flood overlay recorded | strong rental demand | premium amenity stack
This unit sits in a polished tower that is noticeably above typical Woolloongabba apartment stock. The configuration is well suited to professional couples, downsizers, and investors, with two full bathrooms, secure parking, and a building amenity package that includes rooftop pools, gym, theatre, and concierge-level management. The address benefits from inner-city proximity, busway connectivity, and the future train station, which supports longstanding demand from CBD workers and medical precinct employees. Premium finishes such as high ceilings, double glazing, and ducted air conditioning are expected in this building, so the unit competes strongly on build quality and lifestyle convenience rather than simply on price. It is a low-maintenance property that should appeal to buyers wanting lock-up-and-leave living without sacrificing space or design.
The recorded flood overlay may affect insurance costs and could be a consideration for lenders or cautious buyers, though the impact depends on the tower’s floor level and building mitigation measures. The unit’s specific orientation and outlook might influence perceived value, particularly if it faces noisier Logan Road rather than a quieter side. Market demand for larger apartments in this building appears durable, but pricing will be shaped by internal presentation, floor position, and how current stock compares. Buyers should weigh the premium body corporate fees typical of high-amenity towers against the convenience and rental depth offered here.
Detailed Independent Property Report prepared by PropCred Analyst team for 502/62 Logan Road, Woolloongabba QLD 4102
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
!
1
Market Insight
Woolloongabba is an inner-Brisbane market underpinned by the Gabba precinct and strong transport links via Logan Road, trains, and buses. Professional households, with a mix of families and single occupants, drive demand due to proximity to the CBD and employment hubs. House prices have grown 15–16.7% annually to a median of $1.525 million, selling in a median 24 days on volumes of 45–53 per year. Units rose 13–15% to $730,000–$750,000, supported by high turnover of 194 sales and a gross yield near 5%, versus 2.7–3.1% for houses. Unit rents hold at $720 weekly; house rents range $725–$790. Ongoing Gabba precinct infrastructure improvements are a future growth driver. Constraints include affordability limits at the top end, constrained supply, and rate sensitivity in a premium price segment.
PropCred Estimated Value
Comparable Sales: 904/62 Logan Road sold $875,000; 1502/62 Logan Road sold $880,000 | Property Price Band: $850K–$950K | Value Drivers: building finish quality, layout efficiency, floor level and outlook
Bedrooms
2
Bathroom
2
Parking
1
Land
2034m²
Other Properties to Compare in This Area
Property buyers often compare multiple homes in the same local area before making a decision. These recent property research pages are selected from the same postcode, nearby postcodes, or the same state where required.
- 12 Hexham Close, Burdell QLD 4818 — 3 bed · 2 bath · 2 car
- 95/20 Johnston Street, Carina QLD 4152 — 3 bed · 2 bath · 1 car
- 102 Oatlands Court, Wights Mountain QLD 4520 — 5 bed · 2 bath · 6 car
- 2622/9 Ferny Avenue, Surfers Paradise QLD 4217 — 3 bed · 2 bath · 2 car
- 7/323 Bayview Street, Hollywell QLD 4216 — 3 bed · 2 bath · 2 car
- 6 Carswell Avenue, Kirwan QLD 4817 — 4 bed · 2 bath · 2 car
- 356-364 Mundoolun Road, Jimboomba QLD 4280 — 6 bed · 3 bath · 4 car
- 11 Varley Street, Lowood QLD 4311 — 4 bed · 2 bath · 4 car
- 13 Seaview Drive, Airlie Beach QLD 4802 — 4 bed · 2 bath · 2 car
- 3 Middle Creek Road, Little Mountain QLD 4551 — 4 bed · 2 bath · 2 car
- 41/17 Great Southern Drive, Robina QLD 4226 — 4 bed · 3 bath · 2 car
- 3/14 Jefferson Lane, Palm Beach QLD 4221 — 2 bed · 2 bath · 1 car
- 1998 Mount Samson Road, Yugar QLD 4520 — 6 bed · 4 bath · 9 car
- 8/40-46 Redlynch Intake Road, Redlynch QLD 4870 — 2 bed · 2 bath · 1 car
- 6 Little Mulgrave Road, Little Mulgrave QLD 4865 — 4 bed · 1 bath · 8 car
- 69863 Bruce Highway, Aloomba QLD 4871 — 4 bed · 3 bath · 4 car
- 17 Murphy Street, Gordonvale QLD 4865 — 4 bed · 2 bath · 2 car
- 17/82-86 Martyn Street, Parramatta Park QLD 4870 — 3 bed · 3 bath · 2 car
- 21 Tait Avenue, Redbank Plains QLD 4301 — 4 bed · 2 bath · 2 car
- 12 Maidstone Cres, Peregian Springs QLD 4573 — 4 bed · 2 bath · 2 car
- 308/8 Skyring Terrace, Teneriffe QLD 4005 — 2 bed · 2 bath · 1 car
- 34/48 Pengam Street, Kuraby QLD 4112 — 3 bed · 2 bath · 2 car
- 77A North Street, Kedron QLD 4031 — 4 bed · 2 bath · - car
- 1 Rokeby Court, Nerang QLD 4211 — 5 bed · 3 bath · 8 car
- 3 Yarama Court, Upper Coomera QLD 4209 — 5 bed · 2 bath · 2 car
- 52 Sky Royal Terrace, Burleigh Heads QLD 4220 — 4 bed · 2 bath · 2 car
- 8 Lauradale Cres, Ormeau QLD 4208 — 4 bed · 2 bath · 2 car
- 2 Manoi Close, Bentley Park QLD 4869 — 4 bed · 2 bath · 2 car
- 1/281 Bayview Street, Hollywell QLD 4216 — 3 bed · 2 bath · 1 car
- 53 Nicola Way, Upper Coomera QLD 4209 — 4 bed · 2 bath · 3 car
- 188 Harts Road, Indooroopilly QLD 4068 — 4 bed · 2 bath · 2 car
- 16-18 Umah Street, Cornubia QLD 4130 — 7 bed · 3 bath · 2 car
- 38 Lakeview Drive, Bundaberg North QLD 4670 — 5 bed · 2 bath · 1 car
- 171/26 Goldmine Road, Ormeau QLD 4208 — 2 bed · 1 bath · 1 car
- 1103/300 Marine Parade, Labrador QLD 4215 — 2 bed · 2 bath · - car
- 1/57 Latham Street, Chermside QLD 4032 — 3 bed · 2 bath · 1 car
- 31 Frangipanni Avenue, Kawungan QLD 4655 — 5 bed · 2 bath · 6 car
- 86 Amalfi Drive, Zilzie QLD 4710 — 4 bed · 3 bath · - car
- 6 Kingfisher Drive, Yeppoon QLD 4703 — 4 bed · 2 bath · 2 car
- 3/53 Ruddell Street, Bundaberg South QLD 4670 — 3 bed · 2 bath · 3 car
- 103 Lakeside Avenue, Springfield Lakes QLD 4300 — 3 bed · 2 bath · 2 car
- 51/20 Baywater Drive, Twin Waters QLD 4564 — 2 bed · 2 bath · 2 car
- 3 Ferretti Close, Mareeba QLD 4880 — 2 bed · 1 bath · 1 car
- 110/251 Varsity Parade, Varsity Lakes QLD 4227 — 2 bed · 2 bath · 2 car
- 127 Currajong Place, Brassall QLD 4305 — 4 bed · 2 bath · 2 car
- 93/302 Christine Avenue, Varsity Lakes QLD 4227 — 3 bed · 2 bath · 1 car
- 80/88-98 Limetree Parade, Runaway Bay QLD 4216 — 3 bed · 2 bath · 2 car
- 18/31 Chester Terrace, Southport QLD 4215 — 2 bed · 2 bath · 2 car
- 86 Stones Road, Woodbury QLD 4703 — 3 bed · 1 bath · 7 car
- 13 Mimosa Cres, Currimundi QLD 4551 — 4 bed · 2 bath · 2 car
- 31 Paul Place, Glass House Mountains QLD 4518 — 4 bed · 2 bath · 3 car
- 6 Earlybird Drive, Buderim QLD 4556 — 4 bed · 2 bath · 2 car
- 103 Bolton Street, Eight Mile Plains QLD 4113 — 4 bed · 2 bath · 2 car
- 83 Pacific Heights Road, Pacific Heights QLD 4703 — 4 bed · 2 bath · 2 car
- 2 Waterfront Court, Twin Waters QLD 4564 — 4 bed · 3 bath · 3 car
- 6 Sampson Street, Wilsonton QLD 4350 — 3 bed · 2 bath · 4 car
- 21 Grevillea Cres, Kin Kora QLD 4680 — 3 bed · 2 bath · 1 car
- 14 Oak Cres, Bowen QLD 4805 — 3 bed · 1 bath · 2 car
- 5/329 Hume Street, South Toowoomba QLD 4350 — 3 bed · 1 bath · 2 car
- 5 Mcgreavy Street, One Mile QLD 4305 — 4 bed · 1 bath · 1 car
- 22 Herbertson Street, West Gladstone QLD 4680 — 3 bed · 1 bath · 1 car
- 4 Radiata Court, Darling Heights QLD 4350 — 3 bed · 1 bath · 2 car
- 19/28-30 Henry Street, West End QLD 4810 — 2 bed · 1 bath · 1 car
- 202 Barolin Esp, Coral Cove QLD 4670 — 4 bed · 2 bath · 2 car
- 35/49 Landsborough Parade, Golden Beach QLD 4551 — 2 bed · 2 bath · 1 car
- 3/62 Hamilton Road, Moorooka QLD 4105 — 2 bed · 1 bath · 1 car
- 1/20 Mary Street, Alexandra Headland QLD 4572 — 3 bed · 2 bath · 1 car
- 78 Adelaide Circuit, Beenleigh QLD 4207 — 3 bed · 1 bath · 4 car
- 61 Railway Parade, Nudgee QLD 4014 — 3 bed · 2 bath · 2 car
- 5 Willdora Drive, Elliott QLD 4670 — 5 bed · 3 bath · 2 car
- 1 Feathertail Court, Tewantin QLD 4565 — 4 bed · 2 bath · 2 car
- 5 Charles Street, West Gladstone QLD 4680 — 4 bed · 2 bath · 3 car
- 58 Junction Terrace, Annerley QLD 4103 — 4 bed · 3 bath · 2 car
- 14 Emily Street, Highgate Hill QLD 4101 — 3 bed · 1 bath · 1 car
- 33 Toohey Street, Woolloongabba QLD 4102 — 3 bed · 2 bath · 2 car
- 36 Horatio Street, Annerley QLD 4103 — 3 bed · 1 bath · 1 car
- 15 Ashington Street, West End QLD 4101 — 4 bed · 2 bath · 2 car
- 20202/19 Wilson Street, West End QLD 4101 — 2 bed · 2 bath · 1 car
- 705/49 Cordelia Street, South Brisbane QLD 4101 — 2 bed · 2 bath · 1 car
- 20208/1 Ferry Road, West End QLD 4101 — 2 bed · 2 bath · 2 car
- 30803/9 Pidgeon Close, West End QLD 4101 — 2 bed · 2 bath · 1 car
- 1501/17 Deshon Street, Woolloongabba QLD 4102 — 2 bed · 1 bath · 1 car
- 1404/234 Vulture Street, South Brisbane QLD 4101 — 2 bed · 2 bath · 1 car
- 2510/3 Gibbon Street, Woolloongabba QLD 4102 — 2 bed · 2 bath · 1 car
- 603/45 Boundary Street, South Brisbane QLD 4101 — 2 bed · 2 bath · 1 car
- 604/159 Logan Road, Woolloongabba QLD 4102 — 3 bed · 2 bath · 2 car
- 2/191 Gladstone Road, Highgate Hill QLD 4101 — 2 bed · 1 bath · 1 car
- 707/855 Stanley Street, Woolloongabba QLD 4102 — 2 bed · 1 bath · 1 car
- 308/20 Edmondstone Street, South Brisbane QLD 4101 — 3 bed · 2 bath · 1 car
- 9/133 Dornoch Terrace, Highgate Hill QLD 4101 — 3 bed · 2 bath · 2 car
- 38 Corbett Street, West End QLD 4101 — 3 bed · 1 bath · 1 car
- 1306/4 Edmondstone Street, South Brisbane QLD 4101 — 2 bed · 1 bath · 1 car
- 215 Boundary Street, West End QLD 4101 — 7 bed · 2 bath · 2 car
- 1313/9 Christie Street, South Brisbane QLD 4101 — 2 bed · 2 bath · 1 car
- 807/77 Jane Street, West End QLD 4101 — 2 bed · 2 bath · 1 car
- 117 Victoria Street, West End QLD 4101 — 4 bed · 2 bath · 2 car
- 1206/25 Bouquet Street, South Brisbane QLD 4101 — 2 bed · 2 bath · 1 car
- 712/62 Logan Road, Woolloongabba QLD 4102 — 3 bed · 2 bath · 1 car
- 106/8 Bank Street, West End QLD 4101 — 2 bed · 2 bath · 1 car
- 17 Turley Street, Fairfield QLD 4103 — 4 bed · 3 bath · 3 car