604/159 Logan Road, Woolloongabba QLD 4102
604/159 Logan Road, Woolloongabba QLD 4102
Modern high-floor apartment | 3-bed configuration rare for building | Premium rooftop amenity package | Strong inner-city rental demand | Busy corridor trade-off
This unit stands apart from the typical two-bedroom stock in the building, offering a three-bedroom layout with two car spaces—a configuration that suits professional couples, small families, or investors seeking broader tenant appeal. The apartment sits within a contemporary complex that includes rooftop entertainment areas, city views, and open-air cinema, placing it above the suburb’s older apartment offerings. Its position on level six provides an elevated outlook, and the building’s modern finishes, including designer kitchens and large windows, support a premium feel. For buyers prioritising proximity to the CBD, the Gabba, and transport links, this property delivers a convenient, amenity-rich lifestyle that aligns well with Woolloongabba’s ongoing urban renewal.
The busy Logan Road location may introduce traffic noise, and the unit’s exact aspect and internal condition remain unconfirmed, so an inspection is essential to gauge privacy and outlook. The building’s newer construction and strata arrangement mean limited land value, with price largely tied to layout, floor level, and amenity. Rental demand appears solid, given the area’s connectivity and a comparable unit leasing at $750 per week, which may support investor interest. However, the three-bedroom configuration could command a premium over standard two-bedroom units in the same complex, so buyers should weigh the added space against potential noise trade-offs. The surrounding redevelopment activity, including nearby subdivision approvals, suggests the corridor will continue to evolve, which may influence future property appeal.
Detailed Independent Property Report prepared by PropCred Analyst team for 604/159 Logan Road, Woolloongabba QLD 4102
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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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.
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PropCred Estimated Value
Comparable Sales: 608/159 Logan Rd sold $700,000 (2-bed); 401/159 Logan Rd leased $750/week | Property Price Band: $800,000–$900,000 | Value Drivers: 3-bed layout rarity, building amenities, level 6 outlook
Bedrooms
3
Bathroom
2
Parking
2
Land
106m²
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