QLD LOGAN 2021

Discussion in 'Where to Buy' started by balotelli14, 16th Feb, 2021.

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Best surbubs in Logan Council ?

  1. acacia ridge

    21 vote(s)
    12.5%

  2. Crestmead

    40 vote(s)
    23.8%

  3. Rochedale South

    57 vote(s)
    33.9%

  4. Springwood

    30 vote(s)
    17.9%

  5. Daisy Hill

    27 vote(s)
    16.1%

  6. Shailer Park

    11 vote(s)
    6.5%

  7. Woodridge

    24 vote(s)
    14.3%
Multiple votes are allowed.
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  1. gach2

    gach2 Well-Known Member

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    gach2, 26th Jul, 2021
    #461
  2. thunderstrike888

    thunderstrike888 Well-Known Member

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    It is Bunnings fencing from the looks of it..... LOL

    I used this exact same fencing on one of my investment houses a few months ago. I think I got it for cheaper than that as well.
     
    thunderstrike888, 26th Jul, 2021
    #462
  3. Momentum

    Momentum Well-Known Member

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    OP looks like he ate a bee

    [​IMG]
     
    Momentum, 26th Jul, 2021
    #463
  4. Harveys

    Harveys Well-Known Member

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    I will eat my hat if that sells for 400k
     
    Harveys, 26th Jul, 2021
    #464
    Branden, boganfromlogan and thunderstrike888 like this.
  5. thunderstrike888

    thunderstrike888 Well-Known Member

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    I will too!!! Nothing surprises me anymore regarding house prices. I've seen more amazing things than this recently.

    If it does well it just means investors in other areas are going to make more money!! :)
     
    Last edited: 26th Jul, 2021
    thunderstrike888, 26th Jul, 2021
    #465
    brisbaneboi and boganfromlogan like this.
  6. boganfromlogan

    boganfromlogan Well-Known Member

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    I will supply the hats!!
     
    boganfromlogan, 26th Jul, 2021
    #466
    thunderstrike888 and Gen-Y like this.
  7. Shawn

    Shawn Well-Known Member

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    Highly doubt it would be a $10K job. He has painted everything in the house. The paint alone would cost at least $2-3K.

    Add to that the fibro for the walls, the tiles and landscaping.

    I would be interested in doing something like this for my place ;)
     
    Shawn, 27th Jul, 2021
    #467
  8. Gen-Y

    Gen-Y Well-Known Member

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    If it was a DIY job. It would still cost $40k.
    Outside:
    wall and underside cladding,
    decking
    concrete driveway
    New fencing for shed.

    Inside:
    new everything inside.
     
    Gen-Y, 27th Jul, 2021
    #468
  9. boganfromlogan

    boganfromlogan Well-Known Member

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    I think the collective thought was that u couldn't invest 100k materials plus labour in that postcode ..... u wouldn't get it back.

    ..... so we would be expecting a lower spend. So if it is somewhere between 10k and 100k+labour I would think it is much closer to bottom end. Even 50k in 4114 us taking a risk. IMHO.
     
    boganfromlogan, 27th Jul, 2021
    #469
  10. Harveys

    Harveys Well-Known Member

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    Harveys, 28th Jul, 2021
    #470
  11. thunderstrike888

    thunderstrike888 Well-Known Member

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    thunderstrike888, 28th Jul, 2021
    #471
  12. boganfromlogan

    boganfromlogan Well-Known Member

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    boganfromlogan, 28th Jul, 2021
    #472
  13. thunderstrike888

    thunderstrike888 Well-Known Member

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    thunderstrike888, 28th Jul, 2021
    #473
    boganfromlogan likes this.
  14. boganfromlogan

    boganfromlogan Well-Known Member

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    I noticed a thread in Brisbane 2021 thread suggesting auction only way to go for sellers.

    Out of interest (thinking of selling :) later in year or early next ) what do you think would be the best way of selling in Logan area (4131 particularly) in the current market.

    Personally I have noticed auctions not doing so well in my suburb compared to 'offers over' with a 2 week campaign (ie. don't sell on first open). I have noticed off market working quite well.

    Any thoughts? Any expert views?

    If you were selling how would you go about it?
     
    boganfromlogan, 29th Jul, 2021
    #474
  15. Samj

    Samj Well-Known Member

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    I went for an inspection in Woodridge a few weeks ago, property was listed without a price and agent said overs over $340K over the phone. There were quite a few people in the inspection, I heard agent said overs over $350K for some people and at the end when there were more than 20 parties he said sellers are looking for overs over $360K. I gave an offer for $365K .

    Couple of days later he came back to me saying owners asking for offers over $390K and asked if I would like to pay more. I said no and I am not interested in that property anymore. His strategy kind of worked but at the end they were too greedy and property is still in the market. Now it's listed for offers over $370K.

    Looks like giving a low price indication attracts lots more competition ...
     
    Samj, 29th Jul, 2021
    #475
    boganfromlogan likes this.
  16. gach2

    gach2 Well-Known Member

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    Whats the property?

    I dont think auctions would work in Logan yet.
    Market is nowhere as hot as it needs to be
    Lot of FHB for whom B+P and finance clause means everything
     
    gach2, 29th Jul, 2021
    #476
    Branden and boganfromlogan like this.
  17. thunderstrike888

    thunderstrike888 Well-Known Member

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    Its called underquoting. Rife in Sydney and its becoming more and more prevalent in Brisbane.
     
    thunderstrike888, 29th Jul, 2021
    #477
  18. thunderstrike888

    thunderstrike888 Well-Known Member

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    thunderstrike888, 30th Jul, 2021
    #478
    momentum26 likes this.
  19. Stevo123

    Stevo123 Active Member

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    Hey, question for you. Would you still buy into Crestmead with price points for a 3-1-1 at 350k and 4-2-2 in the low 400s now? This given prices have moved around 10% in the last year, do you still see the value?
     
    Stevo123, 31st Jul, 2021
    #479
  20. Harveys

    Harveys Well-Known Member

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    Look back at historical pricing, up until this current run, a lot of Logan had moved very little over the last 15 years. Brisbane had a couple of false starts and IMO Logan needs Bris to move first. All indications is Brisbane looks set to have its run and there is plenty of room for it to.
     
    Harveys, 31st Jul, 2021
    #480
    Stevo123 likes this.
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