16B Spruce Street, Loganlea, QLD 4131 | Property Value & History | OnTheHouse
 
OFF MARKET

16B Spruce Street
Loganlea QLD 4131

Bedrooms: 3
Bathrooms: 3
Car spaces: 4
Floor area: 88m2
Land area: 710m2
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Property Details for 16b Spruce St, Loganlea

16b Spruce St, Loganlea is a 3 bedroom, 3 bathroom House with 4 parking spaces and was built in 2020. The property has a land size of 710m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
2020
Floor Size
88m2
Land Size
710m2
Local Government
Logan City
Lot/Plan
6/SP311720

Last Listing description (September 2023)

Both units are currently tenanted and offer a fantastic opportunity for the astute investor. Being just 3 years old, this property has plenty of depreciation benefits left and is situated in a sought-after location, with an abundance of infrastructure on its way to the area!

I N S I D E
Unit 1:

~ Open plan kitchen, dining & living space (with air-conditioning & ceiling fan)
~ Well-appointed kitchen with electric cooking & dishwasher
~ Main bedroom with ensuite, large built-in closet & ceiling fan
~ Two more bedrooms, both with built-ins & ceiling fans
~ Main bathroom with bathtub & separate toilet
~ Storage cupboards
~ Outdoor alfresco, with oversized backyard
~ Single lock up remote garage

Unit 2:
~ Open plan kitchen, dining & living space (with air-conditioning & ceiling fan)
~ Well-appointed kitchen with electric cooking & dishwasher
~ Two bedrooms, both with built-ins & ceiling fans
~ Main bathroom with bathtub & separate toilet
~ Storage cupboards
~ Outdoor alfresco, with oversized backyard
~ Single lock up remote garage

H A L L M A R K S
~ NO BODY CORP.
~ One Council rates notice.
~ Units separately metered for Electricity & Water. Full consumption can be charged back to tenants.
~ Large fully fenced yard spaces
~ Potential for side access into backyard of both units
~ Security screens to windows and doors throughout

T E N A N C Y
~ Currently achieving a combined rent of $720p/week
~ Rental appraisal in current market: Estimated at $840 p/week
~ Unit 1 lease expiry: January 2024
~ Unit 2 lease expiry: September 2023

A full list of outgoings is available upon request.

T A Y L O R 'S Comments:
"These properties with dual incomes are very much the desired investment in Loganlea at present, as the strong yields prove too good to pass up! This one is sitting around the 5% and in the current market has the potential to be increased at the next lease renewal. The location is walking distance to everything, including a bus line which takes you to the nearby Logan Hospital, Griffith University & Loganlea Train station, it is sure to impress those looking for a long-term hold prospect!"

L O C A T I O N
Walking distance to bus stops & parklands. Logan Hospital, Griffith University, Logan Tafe & Meadowbrook Shops, all within 7-minute drive!

We welcome your attendance at an upcoming open home! Whatsapp/Facetime walk-through available on request.

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Property History for 16b Spruce St, Loganlea, QLD 4131

A timeline of how this property has performed in the market
Last Sold
$770,000
30 May 2023
Listed for Rent
$520/w
21 Nov 2023
  • 30 May 2023
    Sold for $770,000
  • 18 May 2023
    Listed for Sale CONTACT AGENT
  • 14 Apr 2020
    Listed for Rent $300 / week
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About Loganlea 4131

The size of Loganlea is approximately 5.6 square kilometres. It has 19 parks covering nearly 4.2% of total area. The population of Loganlea in 2016 was 7321 people. By 2021 the population was 8716 showing a population growth of 19.0% in the area during that time. The predominant age group in Loganlea is 20-29 years. Households in Loganlea are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Loganlea work in a trades occupation.In 2021, 34.70% of the homes in Loganlea were owner-occupied compared with 39.10% in 2016.

Loganlea has 3,815 properties. Over the last 5 years, Houses in Loganlea have seen a 122.48% increase in median value, while Units have seen a 169.22% increase. As at 30 November 2025:

  • The median value for Houses in Loganlea is $809,056 while the median value for Units is $679,403.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 26 properties listed for sale, and 14 properties listed for rent in Loganlea on OnTheHouse. According to Cotality's data, 161 properties were sold in the past 12 months in Loganlea.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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