Thinking about buying in Logie Brae? Now could not be a better time, with just 62 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,010,000 with prices in this suburb ranging from $311,000 to $3,383,000. The aproximate distance to the coast is 260 Km.
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In Logie Brae there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Logie Brae is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Logie Brae leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Logie Brae the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
None within suburb boundary
(While the above schools are located with the suburb of Logie Brae there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 16 | 33.5 | 21.7 | 75.9 | 4.2 | 27.4 |
Feb | 2.1 | 16 | 31.7 | 28.0 | 81.3 | 3.6 | 23.4 |
Mar | 1.3 | 13.3 | 28.0 | 32.0 | 83.8 | 3.5 | 19.1 |
Apr | 1.3 | 9.7 | 23.2 | 40.3 | 90.0 | 3.0 | 14.4 |
May | 1.0 | 6.0 | 18.0 | 53.2 | 95.8 | 2.8 | 10.4 |
Jun | 1.2 | 3.7 | 14.2 | 66.4 | 96.7 | 2.6 | 8.3 |
Jul | 1.5 | 3.8 | 13.8 | 66.9 | 97.6 | 3.0 | 8.7 |
Aug | 1.3 | 3.5 | 15.2 | 57.0 | 95.6 | 3.0 | 11.8 |
Sept | 1.4 | 5.1 | 18.9 | 46.4 | 95.6 | 3.4 | 16.3 |
Oct | 1.0 | 7.6 | 24.1 | 34 | 92.8 | 3.5 | 21.5 |
Nov | 1.4 | 11.3 | 28.0 | 26.8 | 87.4 | 3.9 | 25.0 |
Dec | 1.8 | 14.2 | 31.3 | 22.4 | 79.3 | 4.0 | 28.3 |
source: Australian Government Bureau of Meteorology
15-08-2024 | $2,745,205 | 34 SHERWOOD LANE |
15-02-2023 | $1,714,453 | 76 HOLZIGALS RD |
29-09-2022 | $1,610,900 | 163 HOLZIGALS RD |
18-02-2022 | $696,906 | 429 PALAZZIS RD |
11-06-2019 | $868,874 | 3622 MAYRUNG RD |
15-04-2019 | $2,428,000 | 172 RAITHBY LANE |
01-03-2019 | $909,314 | 3618 MAYRUNG RD |
14-12-2018 | $2,910,600 | 366 COSSARS RD |
13-04-2018 | $950,000 | 1225 MAYRUNG RD |
01-09-2016 | $200,000 | 594 ROLFE RD |
16-03-2015 | $600,000 | 163 HOLZIGALS RD |
29-02-2012 | $441,375 | 3125 MAYRUNG RD |
29-02-2012 | $441,375 | 1834 COREE RD |
16-02-2012 | $180,766 | 450 ROLFE RD |
29-09-2010 | $645,000 | 3618 MAYRUNG RD |
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