RateMyAgentGo to search
Back 42/1848 Logan Road
Off Market

42/1848 Logan Road

Upper Mount Gravatt QLD 4122

3
3
1
Apartment
Last sold for $465,000
Simon PenroseSimon Penrose, last sold this property on 22 October 2025 after 20 days on market.

Overview

One for the investors - yield returning 9.82%

Here's your chance to secure a high-performing investment with impressive returns in sought after student accommodation complex. Upper Mount Gravatt has seen over 64% growth in the past five years, with no signs of slowing down. Ideally located just 2km from Griffith University and 13km to Brisbane's CBD, this purpose-built student accommodation is part of a quality complex and delivers strong, consistent rental income. Investment information: • 9.82% yield • All 3 bedrooms rented under rooming accommodation • Total rent return $850 per week • Leases due to expire 25 October, 26 March, 26 April • Low vacancy rates • 64% suburb growth over the past 5 years, ref: Corelogic data Apartment features include: • Three bedrooms with their own private ensuite, ceiling fan and built-in robe • A modern, fully equipped kitchen with dishwasher • Open plan living and dining area with air-conditioning • A large private balcony for outdoor relaxation • Internal laundry area Complex information: • Swimming pool with sun lounges • BBQ and outdoor patio area • Fully-equipped gym • Air-conditioned games room with pool table • Dedicated study area • Secure complex • Dedicated onsite manager Location: • 1km to Westfield Garden City • 2km to Griffith University • 4km to TAFE Mount Gravatt • Express city bus stops on Logan Road • Easy access to the Pacific Motorway and Gateway Motorway • 13km to Brisbane CBD This is a must-inspect for savvy investors seeking long-term performance and peace of mind. Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Features

3 bedrooms
3 bathrooms
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Upper Mount Gravatt over the last 12 months, the estimated median property value of 42/1848 Logan Road is $936k.

Median value
$936k
Estimated value range
$380k - $1.12m
Median days on market
27
Estimated value trend
34%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Upper Mount Gravatt. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 42/1848 Logan Road

2025
Sold
$465,000
Private Sale/Treaty on 22 Oct 2025 by Simon Penrose, of Belle Property Wilston

Happy sellers in Upper Mount Gravatt

91%
91% of sellers in Upper Mount Gravatt reported that their sale price either exceeded or met their price expectations.

Upper Mount Gravatt stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 39 reviews in Upper Mount Gravatt over the last 12 months.

Local market activity for 3 bedroom apartments in Upper Mount Gravatt

In the last 12 months, 28 three-bedroom apartments similar to 42/1848 Logan Road, have been sold.

This represents a 123% decrease in three-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Upper Mount Gravatt

placeholder
Sam Palmer

Sam Palmer is a recommended agent for Upper Mount Gravatt.  They have 3 local sales and collected 5 local reviews across the last 12 months.

  •   5   (7 reviews)
  •  5 Reviews in Upper Mount Gravatt
  •  3 Sales in Upper Mount Gravatt
View profile
placeholder
Darren Bonehill

Sellers who recommend Darren Bonehill have praised them for being clear communication, local expert, responsive, honest, great negotiation, trustworthy and reliable

  •   5   (208 reviews)
  •  4 Reviews in Upper Mount Gravatt
  •  13 Sales in Upper Mount Gravatt
View profile
placeholder
Craig Barnes

Craig Barnes is a recommended agent for Upper Mount Gravatt.  They have 3 local sales and collected 5 local reviews across the last 12 months.

  •   4.9   (223 reviews)
  •  5 Reviews in Upper Mount Gravatt
  •  3 Sales in Upper Mount Gravatt
View profile
placeholder
Welly Cendana

Sellers who recommend Welly Cendana have praised them for being clear communication, local expert, responsive, supportive, honest, hard-working and reliable

  •   5   (367 reviews)
  •  3 Reviews in Upper Mount Gravatt
  •  2 Sales in Upper Mount Gravatt
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap