Logan Reserve QLD Property Investment

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## 2. Market Overview - Median house price: *Data not supplied* (the source notes a disagreement of >10 % and asks for a range, but the range itself is missing). - Growth trend: *Data not supplied* – no price‑change or sales‑volume figures are provided. - Days on market: *Data not supplied*.

*Implication:* With only the Scorecard available, we can infer that Estait’s internal model views the suburb as favourably positioned for buyers, but the absence of concrete price or speed‑of‑sale data means we cannot quantify the current buyer‑vs‑seller balance.

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## 3. Rental Market - Vacancy rate: *Data not supplied* - Weekly rent: *Data not supplied* - Gross yield: *Data not supplied* - Demand rating: *Data not supplied*

*Implication:* The lack of rental metrics prevents a precise yield calculation. The “Buy” score suggests the model expects reasonable rental fundamentals, but investors should verify vacancy and rent levels before committing.

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## 4. Short‑Term Rental Opportunity - STR nightly rate: *Data not supplied* - Occupancy (average %): *Data not supplied* - Estimated annual STR revenue: *Data not supplied*

*Implication:* Without STR data we cannot compare long‑term versus short‑term returns. The Scorecard’s positive tilt hints that long‑term rental may be the safer default, but a site‑specific STR feasibility study is required.

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## 5. Infrastructure & Growth Drivers - Known projects / transport upgrades: *Data not supplied* - Employment base: *Data not supplied* - Demand drivers / constraints: *Data not supplied*

*Implication:* No explicit infrastructure or employment information is available, so we cannot identify concrete catalysts or headwinds. The “Buy” rating implies Estait’s broader market view sees underlying demand, but investors should confirm local development pipelines.

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## 6. Bull Case Given the limited data, the bull‑case scenario can only be expressed qualitatively:

• If median house prices rise within the (unsupplied) range by 5‑10 % over the next 12 months, capital gains could lift total returns above the current implied yield.
• If vacancy falls below 3 % and weekly rents climb 4‑6 %, gross yields could exceed 5 %.

*Specific numbers cannot be quoted without source data.*

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## 7. Risks - Vacancy risk: Unknown vacancy rate prevents assessment of cash‑flow stability. - Employer concentration: No employment data means we cannot gauge reliance on a single large employer. - Supply pipeline: Absence of new‑development figures leaves the risk of oversupply unquantified. - Interest‑rate sensitivity: Without current loan‑to‑value or cash‑flow metrics, we cannot model rate‑impact thresholds.

*All risks are noted but cannot be numerically sized due to missing information.*

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## 8. The Play - Entry price range: *Data not supplied* – investors should obtain current listings to define a sensible purchase band. - Minimum yield target: In the absence of concrete rent data, aim for a gross yield of ≥5 % to meet typical investor thresholds. - Watch signals: 1. Publication of the actual median house‑price range. 2. Updated vacancy and rent figures from local rental surveys. 3. Announcement of any major infrastructure or employment projects in the area.

Recommended strategy: Treat the Scorecard’s “Buy” as a preliminary green light. Conduct on‑the‑ground due diligence to capture the missing price, rental, and infrastructure data before finalising acquisition. If the uncovered figures align with a ≥5 % gross yield and low vacancy, proceed with a long‑term rental purchase; otherwise, reconsider or explore short‑term rental feasibility.