Hi Ian,

First of all I would steer very clear from house and land packages in Logan, and run far away from any buyers agent that recommends purchasing them. There is simply no value except for a shiny new product and you will be paying above market value for this ‘privilege’.

Not only that, I can almost guarantee your buyers agent is making a cut from the developer of the H&L so there is definitely a vested interest – and as the buyer, you will be the one paying for this ‘service’.

Logan is a vast area with 64 suburbs – some great and others not so. The key to buying in Logan is to focus on cashflow, buying below market value (distressed stock), and buying established houses with potential to add value through renovation or adding extra rooms/bathrooms etc on certain floorplans.

As for the area itself, being 30kms from Brisbane CBD and 40 kms from Gold Coast, you can still buy 3 bedroom houses on 600sqm+ blocks of land for around $300k that will generate 6%+ gross rental yield. I believe this is becoming a very scarce criteria considering Brisbane is one of the largest cities in Australia

I should disclose that I am a buyers agent myself and buy on average 1 – 2 properties in Logan per week for our clients based on the above criteria.

Happy to chat further if you like

Simon