Rental Trends in Logan

It's only fair to share...

Looking for a new rental home? Our guide to the current market will help you put your best foot forward.

If you’re looking for a new rental home in Logan, we’ve got some good news. Rental demand in this area is currently slightly lower than the average for Queensland, which is great news for house hunters when budgets are tight and every dollar counts.

Each new online rental listing in the Logan area has slightly less visits than the average rental listing for Queensland, which is great news as it means a little less competition when it comes to those hectic Open For Inspection visits and when lodging your rental application.

You still need to do your homework!

This doesn’t mean you’ll necessarily find it easy to find your new rental home. But it is good news as it means there’s less competition than in some other areas. You’ll still need to ensure you put your best foot forward when looking for your new home, so do your homework. Keep a keen eye on the latest rental listings, and talk to your local Property Managers about your needs so they can let you know if the right place pops up.

Tip: If you notice a property has been advertised or vacant for a while, don’t be afraid to try and negotiate on the rent.

How much rent can you expect to pay?

Here’s a snapshot of current median rental prices in Logan, as at Oct 2015.

Average rentper week 1 bedroomaverage per week 2 bedroomaverage per week 3 bedroomaverage per week 4 bedroomaverage per week
Unit $260 $255 $270
House $320 $260 $320 $350

 

And if you’re seeking a home a little closer to the area’s beautiful beaches, you can expect to pay a little more. Here’s a snapshot of current median rental prices in Coomera.

Average rentper week 1 bedroomaverage per week 2 bedroomaverage per week 3 bedroomaverage per week 4 bedroomaverage per week
Unit $350 $315 $350
House $430 $320 $380 $450

 

Looking for a new rental home? Check out some of the latest listings in Logan, Daisy Hill, Coomera and Beenleigh.

Get your application organised so you’re ready to go

Don’t wait until you find the perfect home before getting everything ready for your rental  application – you could lose precious time and find someone has nabbed it before you! Prepare copies of your photo identification, any references you might have from past landlords, financial statements and recent payslips, and references for any pets you have. A big plus is a copy of the rental ledger from your current or previous home, as this clearly demonstrates your reliability as a paying tenant.

City Finance can help you with fast cash for your rental bond and moving expenses

Need help getting the cash together for your rental bond and moving expenses? Just pop in and visit our friendly staff at our Logan City Centre branch for a chat and some helpful advice.