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Investment Property Tanah Merah, QLD, 4128

Suburb Snapshot

Tanah Merah is a suburb in the Logan Region of Queensland. Tanah Merah has a population of 4,752 people and 22.97% of its occupants live in rental accommodation. The median listing price for houses is $866,500 and this has changed 11.08% over the past year and changed 24.31% over 2 years.

The median rent in Tanah Merah for houses is $660 per week and the median rental yield is 3.96%. Stock on the market for houses/townhouses has changed -25.00% compared to last year and the average time to sell a house/townhouse is 248 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Tanah Merah is NA per week, producing a rental yield of NA.

Supply & Demand in Tanah Merah, Logan

0.65%

Current vacancy rate


12

Rental stock available


4,752

Population


22.97%

Rental population


1.01%

Current vacancy rate


1,454

Rental stock available


303,383

Population


29.98%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Tanah Merah, Logan

  House Townhouses Units
Median listing price $866,500 NA NA
Median price change - last quarter 0.94% NA NA
Median price change - 1 year 11.08% NA NA
Median price change - 2 years 24.31% NA NA
  House Townhouses Units
Median weekly rent $660 $455 NA
Median yield % 3.96% NA NA
Median rent change - 1 year 8.19% 12.34% NA
  House Units
Previous month sales 5 1
Stock on market previous month 21 1
Stock variance vs. last year -25.00% 100.00%
Average days on market 248 NA

Tanah Merah investment property listings

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