Property Description

Greater Brisbane’s fringe communities such as North Lakes, Springfield, Rochedale and Coomera have all experienced huge growth in house prices since 2014. Killara is fantastically positioned to take advantage of the next surge in House and Land price growth, as it’s now one of the last opportunities to buy a brand new home under $450,000, this close to Brisbane. With first home buyers being pushed out of the Brisbane market due to affordability constraints, Logan is one of the last remaining regions close to the Brisbane CBD to secure a new home under $450,000. The increased demand for existing housing requirement across South East Queensland has driven a greater demand for new housing. Logan is one of the lowest supplied LGA’s in SEQ experiencing an undersupply of over approximately 4,000 homes in 2015. The limited supply to deliver new homes in the region has seen vacant land prices in the space of year increase by over 16%* moving from $181,000* to $210,000*, an increase of $29,000.