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QLD Logan Land Market - Build it and they will come

Discussion in 'Where to Buy' started by Avi Khan, 6th Jul, 2016.

  1. Avi Khan

    Avi Khan New Member

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    Location:
    Logan
    Or in the case of Logan City, the people are coming, build it now!

    With South East Queensland increasingly becoming a hotspot, It is projected that Logan City will continue to be one of the fastest growing cities in Queensland. Four new suburbs were recently created in Logan, Silverbark Ridge, Monarch Glen, Flinders Lakes and Flagstone to house an anticipated population boom between Brisbane and the Gold Coast.

    Logan City has its unique attractions that have resonated with people. Its ability to integrate new communities within established suburbs and businesses with new opportunities have seen it propel to a highly desired location.

    Located ,in the middle of everywhere, it is only a 30 minute drive to many destinations; including the Brisbane CBD, Brisbane Airport, The Port of Brisbane and to the Gold Coast.

    The population is expected to increase by up to 200,000 within the next 20 years. With the surge in population, there are new challengers for town planners and decision makers and new opportunities for developers and builders. With the growth in land, and house prices in Brisbane and Gold Coast, Logan City is ideally positioned to be the place to invest, live and work.

    With this surge in population creating a huge demand on housing, the market conditions are ripe for developers to realise great returns on their projects.

    [​IMG]
     
  2. cherubym

    cherubym Well-Known Member

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    Speculative?
     
  3. Biz

    Biz Well-Known Member

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  4. Greyghost

    Greyghost Well-Known Member

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    Great house and land packages, depreciation benefits and rental guarantees for 24 months!
    $25K equity at settlement guaranteed.
    Contact me now for further details, don't wait... selling fast!! lol
     
    Tekoz likes this.
  5. Gen-Y

    Gen-Y Well-Known Member

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    Brisbane - Sydney
    I like the sound of that sell campaign. Khan, have you thought about contacting the Prime Minister to be his campaign advisor as they obviously hopelessly out gun by Labor this time.
     
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  6. sash

    sash Well-Known Member

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    Avi...who do you work for??

    I seem to recall you name in my dealings with real estate agents....

    Did you work for a real estate agent in Logan by any chance....did you ever work for LJ Hooker Regents Park in Qld?

     
  7. Gmikes

    Gmikes Member

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    Location:
    Sydney
    And what about the growth prospects of Park Ridge??

    Real Estate Agent Avi Khan | Logan Central
     
  8. Avi Khan

    Avi Khan New Member

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    Location:
    Logan
    Park Ridge has had a lot of development lately. There are a lot of vacant blocks on the way.
    Some parts are still not developed and there is lot of scope of development.
    The attraction for first home buyers are the $400K house and land packages- albeit on smaller lots
     
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  9. +men

    +men Well-Known Member

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    HUGH72 and Tekoz like this.
  10. Tekoz

    Tekoz Well-Known Member

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    Yes, that's true. It still has some more potential to growth.

    Last year I bought a 250 sq meter 4/2/1 house for $300k, now as you can see below, it's all gone up significantly :cool:

    Park Ridge, QLD 4125 Auction Results & Sold Property Prices in Park Ridge, QLD 4125 with 4 bedrooms (pg 1)
     
    HUGH72 likes this.
  11. BB5

    BB5 Well-Known Member

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    Park ridge will make a lovely ghetto one day.
     
  12. Greyghost

    Greyghost Well-Known Member

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    In my top 10 posts on PC to date..
     
  13. Tekoz

    Tekoz Well-Known Member

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    @BB5 How can you say that man ?
    It's a brand new Housing estate, it cannot go down like that :eek:.
     
  14. Whitecat

    Whitecat Well-Known Member

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    Look at forest Lake. The reason it will probably become a ghetto is because it's far away so it attracts cheap rent once the house loses it shine however I'm not criticizing in anyway your investment it sounds like you made some good capital gains and got in atthe right time and you will probably be able to hold on to those cgs I just think over the long run it may not be going up a lot. Look at Forest Lake as an example of how those far away Estates with cheap homes go. However it seems to have served it's purpose and the yield will probably be pretty good on an ongoing basis so I wouldn't feel bad about it at all
     
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  15. Tekoz

    Tekoz Well-Known Member

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    @Whitecat No problem mate, I don't take it personally, it is my decision anyway :cool:.

    I guess I will have to wait and see for the next 10 years then I will update the status of my investment property.

    So yes, I encourage anyone here be open and honestly criticize Park Ridge since this is open forum.
     
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  16. standtall

    standtall Well-Known Member

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    Location:
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    How about a free iPad with every block we purchase?
     
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  17. Bran

    Bran Well-Known Member

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    The numbers in the infographic don't look good at all. All time record supply high? Falling block size? Falling settlements?
     
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  18. Whitecat

    Whitecat Well-Known Member

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    Based on your numbers it was a good buy. Keep it well maintained and landscaped as a point of difference and that will help in the future.
    Brisbane is very undervalued so all houses should rise just not so much those that are far away
     
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  19. Whitecat

    Whitecat Well-Known Member

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    Falling block size is not a bad thing
     
  20. Tekoz

    Tekoz Well-Known Member

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    Yes, mine one in Park Ridge is just 250sq Meter.
    This is will be the new norm in new housing for the future.