712/62 Logan Road, Woolloongabba QLD 4102
712/62 Logan Road, Woolloongabba QLD 4102
High-rise apartment, seventh floor | Premium amenity tower, late-2010s build | Strong rental demand, inner-south location | Flood zone consideration | Rooftop club and pool
This unit sits within a premium apartment tower that stands apart from most older stock in Woolloongabba. The building offers a resident rooftop club with infinity pool, fitness centre, dining room, and theatre, plus double-glazed windows, ducted air conditioning, and custom kitchens as standard across the project. That level of amenity and finish positions this property well above typical inner-south apartments, which are often lower-rise or less equipped. It serves professional couples, downsizers, and investors who want modern, low-maintenance living close to the CBD, the busway, and the new train station under construction. Rental demand in the area is solid, with weekly rents in the building ranging from around $720 to $930 and yields near 5%, reflecting strong appeal to tenants who value convenience and quality.
The property’s value may be shaped by a few factors. Its seventh-floor position likely offers a balance of outlook and privacy, though the exact aspect remains uncertain. The building sits within a flood zone, which could affect insurance costs or buyer perception, though this is common for riverside inner-city locations. The unit’s internal condition, layout, and any upgrades will matter most when compared to other units in the same tower. Price spreads across the building are wide, with higher-floor or larger units commanding significantly more, so this unit’s specific configuration will determine where it sits within that range.
|| Comparable Sales: Unit 904 sold for $875k; Unit 1502 sold for $880k | Property Price Band: $800k–$900k | Value Drivers: Floor level, internal condition, outlook and aspect
Detailed Independent Property Report prepared by PropCred Analyst team for 712/62 Logan Road, Woolloongabba QLD 4102
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
1
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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: Unit 904 sold for $875k; Unit 1502 sold for $880k | Property Price Band: $800k–$900k | Value Drivers: Floor level, internal condition, outlook and aspect
Bedrooms
3
Bathroom
2
Parking
1
Land
2034m²
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