Over the last 3 years I have accumulated 3 properties in Logan: IP1 Crestmead QLD 4132: 16 yo lowset brick 4/2/2 on 600sqm in a leafy cul-de-sac on the edge of Crestmead and Park Ridge. Bought at auction for $345k and currently rented for $390 pw. Estimated value $360k IP2 Logan Central QLD 4114: Old 3/1/1 highset just behind the shops in Logan Central also on 600sqm. Bought at auction for $265k and rented for $320 pw. Estimated value $290k IP3 Crestmead QLD 4132: Another 16yo 4/2/2 in Crestmead but slightly smaller block size of 493sqm. Bought private treaty for $325k and rented for $365 pw. Estimated value $340k I haven't technically made money on these properties (after selling costs) however I have no regrets as it allowed me the opportunity to meet my mentor and start a career in mortgage broking. Long term I still believe Logan will do very well. For the next purchase I'm leaning towards an old walk up unit in a desirable Gold Coast location. This would still have strong cashflow however should have more potential for growth in both rent and value. How does propertychat feel about old units in Coolangatta / Southport / Labrador?