6/1848 Logan Road, Upper Mount Gravatt, QLD 4122 | Property Value & History | OnTheHouse
OFF MARKET

6/1848 Logan Road
Upper Mount Gravatt QLD 4122

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 83m2
Land area: 145m2
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Property Details for 6/1848 Logan Rd, Upper Mount Gravatt

6/1848 Logan Rd, Upper Mount Gravatt is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 145m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2000
Floor Size
83m2
Land Size
145m2
Local Government
Brisbane
Lot/Plan
6/SP181987

Last Listing description (September 2022)

Secure this fantastic yield-based investment with both hands, with over 10% Gross Return! Genesis Student Accommodation is conveniently located just a stone's throw from Griffith University's Nathan Campus and Westfield Garden City.

Due to the staggering of lease start and finish times this investment is unlikely to experience full vacancy, as when 1 tenant does leave usually there is still income from 2 other tenants making this not only a profitable but also a stable investment.

The complex features 57 units, plus a pool, games room and every facility that students could want. The building is approximately 16 years old and has recently been re-painted externally.

Inspections are available on request.

Features include:
3 separate student tenancies
Minimal chance of full vacancy due to different lease times
Pool onsite and games room
2.1km to Griffith Uni Nathan Campus
Gross rental income: $29,900 per annum
3 beds, each with ensuite

Income:
6A - $190pw until 03/10/2022
6B - $200pw until 27/12/2022
6C - $215pw until 17/01/2023
Total - $31,460pa
Outgoings:
Body Corp - $5,300pa
Council Rates - $1,502.85pa
Urban Utilities (Water) - $1,378.05pa
Services (Internet & Electricity) - $3,795pa
Total - $11,975.90

Upper Mount Gravatt is approximately 10km from Brisbane's CBD and is fast becoming a major urban hub for the southern suburbs of Brisbane.

*All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

https://www.reval.com.au/6-1848-logan-road-upper-mount-gravatt-qld-4122

Property History for 6/1848 Logan Rd, Upper Mount Gravatt, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$270,000
22 Aug 2022
Listed for Rent
$210/w
07 Jan 2014
  • 22 Aug 2022
    Sold for $270,000
  • 24 May 2022
    Listed for Sale Offers Over $280,000
  • 05 Dec 2013
    Listed for Rent $210 / week
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About Upper Mount Gravatt 4122

The size of Upper Mount Gravatt is approximately 4.3 square kilometres. It has 11 parks covering nearly 5.9% of total area. The population of Upper Mount Gravatt in 2016 was 9241 people. By 2021 the population was 10800 showing a population growth of 16.9% in the area during that time. The predominant age group in Upper Mount Gravatt is 20-29 years. Households in Upper Mount Gravatt are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Mount Gravatt work in a professional occupation.In 2021, 51.40% of the homes in Upper Mount Gravatt were owner-occupied compared with 56.20% in 2016.

Upper Mount Gravatt has 5,568 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 95.84% increase in median value, while Units have seen a 81.85% increase. As at 31 December 2025:

  • The median value for Houses in Upper Mount Gravatt is $1,297,630 while the median value for Units is $728,304.
  • Houses have a median rent of $680 while Units have a median rent of $670.
There are currently 24 properties listed for sale, and 34 properties listed for rent in Upper mount gravatt on OnTheHouse. According to Cotality's data, 279 properties were sold in the past 12 months in Upper mount gravatt.

Suburb Insights for Upper Mount Gravatt 4122

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.