QLD Logan hot spots! Insider knowledge

I just found this...

I immediately thought I should create and account and say...

WOAH WOAH WOAH STFU SSHH DON'T TELL ANYONE ABOUT LOGAN.

I mean, 3 bed houses for 300k that rent at positive cashflow. SSHH

I'm essentially degrading myself, but I've lived in Woodridge --- Classily renamed Logan Central after no one would go there because of the bad rap it has (and it deserves) all my life (plus Kingston/Trinder Park/Logan/Logan Central/Meadowbrook etc) and yes, it is a complete and utter bogan sh1thole.

We have the only "Brisbane" 24/7 Shopping Centre which is the Foodworks on Ewing Rd.

But yeah... SSHH... don't tell the rich people in Sydney they can buy 3 houses for the price they are paying for one. The combination of Old Qld'er 70's style houses that you can build in underneath or have already been done so, and the low employed high Centrelink bludger 'guaranteed rental income on Centrepay' tenants that are willing to shove 6-8 people into a house mean, yeah, Logan is the... not diamond.. maybe... emerald in the rough?

And it's rough. But still good. Just don't go out at night...

And impsmay on the evealingray of the oneysmay to be made easily...

// Half-joking... half-serious... don't want people getting all investor styles and increasing house prices. Let Yarrabillba finish developing first...

 

Slacks Creek was merely made by cutting a bit out of Springwood, Underwood, Woodridge, Logan Central, etc in order to make a large enough area to require a member of parliment so that Labour could win another easy seat... as Logan is heavily dominated with Labour voters (easy handouts.)

Woodridge Centrelink isn't the biggest Centrelink in Queensland for no reason...

Living in these areas all my life let me tell you:

Woodridge close to Kuraby - doesn't matter how much you try to dress up Woodridge, it's a sh1thole. Kuraby is pretty much just as bad.

18yo charged over murder of pregnant woman

Kingston... and just a couple of months ago

12yo girl slashed 20 times on face while walking to school

"The 12-year-old was walking to school at Kingston State College this morning, when she was approached by a young man in a pedestrian tunnel under the Logan Motorway, just before 8:00am.

He repeatedly slashed her across the face with what's believed to have been a box cutter."

Kingston look nice, especially around Mayes Cottage



I saw talk of this...

Re:I like that this post talks about Logan without jumping to (racist?) judgements about the area, and acknowledges some of the really nice parts.

The nice parts are NOT Woodridge, Trinder Park, Logan Central, Slacks Creek, Kingston... they are more south... Daisy Hill was bad but is getting a lot of development. Marsden. Waterford. You have more employed people. Tanah-Merah has some Bee-auuu-tiful houses. Meadowbrook has cleaned up (a little) and just got a fully new Woolies and shops redo.

Re: will Springwood really become a second CBD?

Doubt it. It will be the 'big truck stop' it always was. They have thrown some stuff at it, like a busway etc, but it's just not going to grow big enough. Even Logan Central shops etc is struggling to become a second CBD... Think about it... Logan is a Council, it's a CITY... and it's CBD is 1 Road... With the freeway expansion and busway expansion Logan Hyperdome is just a few K's down the road and I doubt Springwood will become a 'second CBD'...

Logan Central/Wembley Road needs to become a CBD first.

Hope that helps.

 

This guy knows his stuff.

THOUGH

Let me say, Woodridge end of Compton Road IS still crap. Don't care what you say. And if you go East, you got places slammed on Kingston Road and the noise is horrendous. West is Trinder Park.

I was living in Woodridge (where Station Road is the swap over to Trinder Park, and this car hit happened at a party and the car hit him on Station Road...) --- This happened over the back fence neighbours place...

Man who killed teen with car outside party was vengeful, court hears

 

Re above pictures baby murder... Man charged with murdering baby

 

If a few of these areas in Logan have gentrified over the years (daisy hill,meadow brook).Why can’t this happen in Woodridge over time? 20km to the city isn’t that far away and when the population doubles eventually and prices skyrocket in the inner suburbs,these so called ‘********’ areas will have to get better?......could be wrong.

 

I super agree...

If anyone is aware of anything in SEQ, a humungo-bungo real estate boom is building and its gonna be absolutely awesome for those who invest in the right areas...

Brisbane: Queens Wharf is going up. Those 2 Mega towers one on City side and 1 on West End side are going over next 10 years. New Casino. Apartments. Hotels. A bridge.

Gold Coast: Super Cruise Ship Terminal being installed. Just had major transport upgrades for Commonwealth Games.

Transport: South-East Freeway getting extra lanes from 15k's from the city down to the whoop-whoop Gold Coast Airport. Which by the way, Gold Coast Airport is so huge and awesome, most flights are cheaper from that airport than Brisbane's.

And BTW... they are just building a Busway next to the freeway the whole way down.

Brisbane Metro is coming to be built in 5 finished in 10 years. This means all the buses are going to the suburbs and... hmm... down the super long busway that goes to like Robina or something as current plans stand...

Ipswich. LOL. It's still a city though. Ipswich motorway has had its fair share of upgrades

What's West of that. Toowoomba. Erm, highest growth in forever. International airport, but forget Toowoomba unless you got onto it already...

The Brisbane, Gold Coast, Ipswich Triangle will be the biggest growth area in 10-20years.

Whats in the damn middle? LOGAN.

So yes, I agree. Just like when my Grandfather bought a block of land and built a house with his bare hands in Moorooka, which people said 'why they hell would you buy out there, it's farmland'.. and now property prices are now $1,500,000

And just like Tarragindi and Holland Park were $250k-$300k houses 20 years ago, and now you'd be lucky to get a nice place on Bapaume Rd or Pringal St hills for under $1million...

What WILL happen is EVENTUALLY all the "beautiful people" in Woodridge, Logan Central etc will be moved along and out. Errr.. unless you get a mini-ghetto culture. There is significant development going on in Woodridge - townhouses etc all for Government housing. Ewing Road and Defiance Road are really damn bad places... like, possibly unrecoverable...

Why has the market skipped those suburbs?

Where are these people going to be pushed to?

Are the townhouse developments just smart-as developers seeing the growth that will happen in Springwood, the pushing of the Clink-Bludgers down toward Beenleigh and out into Holmview and Edens Landing for Logan Central to take-off? Or is the huge 200 people townhouse next to the Centrelink just another place to shove Clink-bogans?

I've done my research, because my parents bought 5 acres on the intersection that is the Yarrabilba entrance intersection, just before it was announced. And now it's built... That was a smart choice... Yarrabilba and surrounding Logan Village area's are setup to handle 1million people 'in the coming future'... as stated in council documents.

'To preserve the spirit of Logan, which means trees ans stuff, we aren't gonna cram more Bogan's into Woodridge, we'll create housing for people and give them their own little supercity. They can drive up the highway, which we'll upgrade, to work in their menial jobs, and drive back to pay off the extraordinary prices they paid for crappy little blocks of house and land.'

Put two and two together. The rezoning of Logan area's just occurred in close proximity to Logan Central. Sooner or later all those big 3-4-5-10 acre blocks in Logan Village are gonna be cut up, and we will have a mega city, similar to the connection of Sydney and Newcastle and the long western Sydney suburbs to Parramatta

I took the time to draw all of this out... Dunno why... but I'm telling you, this is the future, like it or not.

Though I cannot answer the question: Where the fk are all the bogans going to go???

Sydney Now

Brisbane Now (colours to scale relative to population density)
Brisbane 10-20years (zoom in if you can't read it. Hold CTRL button and + Button (when you hold CTRL button and press the Big PLUS sign button on side of keyboard it zooms in. Ctrl and - [minus] zooms out.)


Anyways, just one Logan Bogans opinion...

Please like my post if you like it. I actually spent a bit of time doing this up. It's been in my mind and has been the talk of my family regarding property investments for 5+ years. If you think things are moving this way... and I am pretty sure they damn are... press like post for my graphical expertiseness Thanks.

 

Me and my drug lord like the colorful graphics. My drug lord says the smart traffickers will move into the inner city suburbs, because the next generation of users are not struggling working class, but snotty nosed princesses that have everything done for them.

So i think not only will Logan become more colorful than the maps above, but the inner city ring will become a crime ring, Brisbane will contain vertical slums, and Sunnybank will become the centre of everyhting (I know that is not strictly Logan but it is very close to Woodridge) so a new CBD will never arrive at Springwood. The M1 will eventually be 8 lanes wide in each direction, and cars will be unaffordable.

Yarrabilba will disappear into a sinkhole, the Suns will win the flag, and Missy Higgins will be Prime Minister.

 

As they say time will reveal all......,

 

Funny you mention that... Sunnybank is where all the drugs come from. Seriously. The Asians bring them in. They have been selling and buying up property in Sunnybank, Upper Mt Gravatt, Eight mile plains etc for years. They are expanding exponentially and it is all drug fuelled money, plus nomal asian money, and their strong family bonds putting money together, guarantauring, etc.

How and why I know this I can't explain. Why I just spent 1.5 hours creating this can only indicate one thing. I am heavily invested in understanding the real estate situation in Southern Brisbane...

Honestly, I've been living in South Brisbane and Logan all my life. I know almost everything about it. I am interested in what you mean by 'vertical slums'... I don't understand what you mean. Do you mean Yeronga to Acacia Ridge to Inala will be a slum whereas you cross Ipswich road from Yeronga and Moorooka is a $1.5million suburb, you cross Beaudesert Road from Acacia Ridge and Eight Mile Plains is a $1million suburb, you cross Inala and hit Browns Plains, and... well you're in Browns Plains... lol


asian-drugs-via-logan-trade

 

Vertical = high rise
As in vertical schools and vertical nursing homes. Go check out the rest of Brisbane

 

I am not so sure of the link race and drugs, i do think tho that the centre of all nasty substances is likely to be inner city cbd and maybe Gold Coast.

I think the concentration of asian centres and the china town type appearance of Sunnybank has a lot to do with where we are situated on the globe. .... like near asia. I personally really like the area, and really like its cultural ambience. I wish it was less expensive.

I still really like your maps, but i think you need to get some technology that allows you to generate a 'heat map' so you have less of those crazy red polygons.

 

A large majority of people who live in Woodridge are renters though - will be easy to force these people out should the area "boom" so to speak. Further south they go (how they ended up there in the first place)...

 

The triangle really does illustrate where all the bogans are going to go. As Brisbane develops and people get priced out of middle ring south such as Mt Gravatt where do yo think they will go? Logan of course. What about if you are from the GC and you get priced out of Helensvale/Coomera? Well the next major hub with rail/public transport will be Logan or Beenleigh. If you are the type of person with a good stable job and money you will be buying close to where your jobs/good schools/lifestyle is - ie inner city Brisbane or GC. A 40minute every day commute in QLD is not something that will be tolerable until SEQ doubles in size/density. The day Slacks Creek reaches a million dollars, I bet you Mt Gravatt etc hits 3 million. Also what properties are you looking at? Moorooka is definitely not 1.5million. There is still plenty of affordable houses in middle ring Brisbane.

 

I thought auction and mortgagee resale attract larger crowd as there is a perception of discount.
Some say that the price end up to market value. At the end of day the seller has to pay back to bank.

 

Not necessarily... We just picked up this mortgagee on the weekend. The house requires a repaint and a few other minor repairs, total spend is estimated at not more than $5000 and less than one weeks work and its ready to rent, the previous seller had just completed and new kitchen and bathroom renovation ready for the new buyer
Comparable sales are around $80,000 - 100,000 more than we paid for this property! About 10 groups at the auction but only one registered bidder - congrats to the lucky new owner what an AMAZING deal Love a mortgagee auction.

In Brisbane around 90%+ of mortgagee sales are not advertised as mortgagee sales and the selling agent is not allowed to tell prospective buyers even if they ask.

36 Ceduna Street, Loganholme, Qld 4129

 

I bought a house in Rochedale south and after increasing a bit in the next 2 years, the growth stagnated. Recent valuation puts it only 15% more than what I bought for in 2014.
I can see a lot of properties listed in Rochedale south for sale. Looks like it is not going anywhere anytime soon.
Thoughts on the suburb anyone?

 

We managed to get the rents up on a few of ours. Hopefully a good sign.

 

local investment by the token group, The markets in Beenleigh fell over, interesting to see what happens here Distillery Road Market | Food & Drink News Brisbane | The Weekend Edition

 

Rochedale South looks good to me, i think the development of the new bus link to Springwood might need to finish. Is Rochedale improving at all? My thoughts are that Rochedale South tracks Rochedale a little more than it tracks Logan suburbs.... might be wrong. I still think the transport woes of the M1 will help Rochedale South progress.

There are still very cheap options in Rochedale South .... affordable housing.

How long before it becomes expensive? Next boom i would say.

 

I don't mean to be rude and I don't know the selling price but I just cannot see the value here...

This house sold for $303k in 2015... so unless you got it for under $260k I just don't see how those numbers stack up. Also, if the price is lower now than it was in 2015 that is a whole other issue.

Recent comparable sales:
$346k - Renovated and comes with a dog https://www.realestate.com.au/sold/property-house-qld-loganholme-131159682?pid=sell

$345k - Renovated: https://www.realestate.com.au/sold/property-house-qld-loganholme-131165958

p.s. full disclosure, I know nothing about the SEQ market other than any property I look up the numbers never make any sense.