If you were planning to invest in rental property with a goal to turn a profit from it, your primary consideration would have to be finding the right property and the right location. There is always clamour for suburbs in Queensland with a strategic location and the amenities desired for enjoyable living. One such suburb with strong potential for rental property investment is Loganholme.
Loganholme is a suburb of Logan City in Queensland and is around 28 km south east of Brisbane CBD. Pacific Motorway cuts the suburb in two. Logan Motorway pass through this suburb also passes by this suburb with exits to Pacific Motorway. It is bounded by the meandering Logan River, which played a big role in the suburb’s history.
History and Development
Loganholme started development after it became a familiar crossing point for farmers who want to go from Beenleigh to the southern parts of Brisbane. Ferryman Holmes operated a ferry service to those people. Eventually, the area was named after the ferry service, which was usually called Logan or Holmes ferry.
Early industries include cotton farming, which turned out to be unsuccessful, and sugar milling. Increased activities in the area led to its development as a residential community, and eventually schools, post office, and better road systems were constructed. The suburb was urbanised in the early 1970s as part of the overall development in Logan.
Facilities and Recreational Amenities
Increased urbanisation and development in the suburb resulted in the increase in the number of local businesses and commercial establishment in the vicinity. Local shops, schools and industrial facilities are located in the suburb. The Alexander Clark Park and Tudor Park provides open space for recreational purposes to the residents in the area. Residents in the area also enjoy easy access to the Hyperdome Shopping Centre.
Should You Invest in Loganholme?
Excellent road systems, parks, recreation and all the amenities that people require can be found in and around Loganholme. It would be a good investment opportunity for you if you were in search of a suburb to invest in. Families with children, professionals, students and retirees alike would be looking for a location like Loganholme.
To ensure the success of your investment, make sure to hire only the best in property management Loganholme. This field is the specialty of My Pad Rentals as it focuses mainly on making residential rental properties as profitable as possible.
The company does not delve in selling and buying. Instead, it focuses all its resources on property management alone. You can rest assured that your investment is in good hands with My Pad Rentals.