Hotspot in Focus: Brisbane’s Logan Corridor
Logan City is a local government area situated within the south of the Brisbane metropolitan area in South East Queensland. Situated between the City of Brisbane to the north and the City of Gold Coast to the south, the City also borders the Scenic Rim Region, the City of Ipswich, and Redland City areas. Over the next 20 years Logan is expected to be one of the fastest-growing cities in Queensland, given its central & convenient geographic location.
LOGAN AT A GLANCE
DISTANCE TO BRISBANE CBD
CITY OF LOGAN
John Paul College, Marsden State High School, Canterbury College
Train, Bus, Car (Freeway Access)
MEDIAN DWELLING PRICE
Disclaimer: This article is general nature and should not be relied upon. FHBA is not qualified or licensed to recommend locations for your first home. If you do not know where you want to buy your first home you should speak to a licensed professional.
Why the Logan growth corridor?
Given Logan’s location and younger demographics, Logan is ideally placed for continued growth in the southeast Queensland region – it’s population is expected to increase to 473,000 residents by 2031. We take a look at the reasons why it is considered a first home buyer hotspot in Brisbane:
Transport & Location – Logan City is easily accessible by car. Three key highways pass through the Logan region:
- Pacific Motorway (linking Brisbane and the Gold Coast)
- Mount Lindesay Highway (linking Brisbane and Beaudesert)
- Logan Motorway (linking Logan and Ipswich)
Logan City is on the Brisbane-Gold Coast line, with stations at (in order from north to south):
- Trinder Park
- Edens Landing
Two bus companies (Logan City bus service & Park Ridge Transit) also offer local services. In summary, the extensive public transport and freeway links make Logan very accessible regardless of where aspiring first home buyers may be working.
Schools – The Logan City area is home to some very popular and well known schools; these include Canterbury College, John Paul College, Marsden State High School & Saint Francis College. The Logan Council has also placed a greater emphasis on early learning centres allowing approval for extensive child care centres and preschools.
Lifestyle – As a young city, Logan’s residential neighbourhoods are predominantly fresh and contemporary. New estates continue to flourish, giving locals a wide range of lifestyle options, from leafy suburbs to bushland acreage. Many older suburbs have been revitalised through urban and community renewal partnership projects between Logan City Council and the Queensland Government. Logan’s cafe, restaurant, hotel and club scene has flourished in recent years – you can experience a diversity of tastes in a range of quality venues. Proximity to Gold Coast makes it attractive for first home buyers looking for easy access to the Gold Coast beaches and Brisbane CBD.
Beenleigh is one of the more popular suburbs in the City of Logan!
The Logan economy
Logan is currently home to almost 20,000 businesses, employing over 130,000 Queenslanders. Over 53,000 new jobs will be created in the Logan area to accommodate expected population growth. It is one of Queensland’s premier industrial addresses and is set to be a market leader in terms of innovative industrial development and will facilitate long-term employment. Logan has thriving commercial, retail, and manufacturing precincts, as well as health services and wholesale industries.
In conjunction with the QLD Government, Logan City Council has many projects in the pipeline, which is expected to support the Logan Economy over the medium to long term. Some of these projects include:
- Wembley Road and Logan Motorway Interchange
- Extend the South-East Busway from Rochedale to Loganholme
- Widen the Pacific Motorway through Logan
- Salisbury to Beaudesert Passenger Rail Service
- Upgrade of Mt Lindesay Highway
- Logan Hospital expansion
- Logan Central Masterplan – catalyst development opportunity
Furthermore, new land releases are driving plenty of construction activity & jobs across Logan’s 68 suburbs.
The City of Logan population forecast for 2017 is 315,000 and is forecast to grow to 473,000 by 2031.
Logan’s first home buyer housing
According to APM Data, the median house price in Wanneroo is currently $320,000 and the median unit price currently stands at $186,000 (as of August 2017).
The median prices mentioned shows affordability in terms of house & unit prices for first home buyers. Some of the more desirable suburbs for first home buyers include the following:
- Browns Plains
- Park Ridge
New townhouses and house & land packages have become very popular in the Logan City, as first home buyers look to take advantage of the QLD Grant boost, which remains at $20,000 until 31 December 2017.
Looking to determine if you have saved enough for your first home in one of the above suburbs? Click here to use our Eligibility Estimator.
How can FHBA help secure your first home in Logan?
Buying your first home can be quite tricky. That’s why at FHBA we are with you every step of the way, even as far as helping you move into your first home!
First Home Loan
Your FHBA Coach will explain all the steps, determine your borrowing capacity, offer suitable loan options, compile your loan application paperwork and even assist you with applications for the FHOG and Stamp Duty concessions in QLD. Click here to get pre-approved with a no-charge assessment!
FHOG eligible brand new home
We have access to a range of brand new property opportunities for aspiring first home buyers looking to buy in the Wanneroo region and surrounding areas (all with FHOG eligibility + the FHBA 50 Rebate!). Be sure to complete the form at the bottom of this page if you are interested and want to know more about the exciting apartments, townhouses and house & land packages we have access to.
FHBA assists first home buyers looking to buy an established home – regardless of budget, property type, or property location, we will not rest until you have successfully settled on a property you have chosen & you have comfortably moved into your first home.
If you are looking for more information or if you have any questions, please complete the form below to speak to an FHBA Coach.
First Home Buyers Australia