New real estate and land packages in Logan Reserve QLD 4133
Know this:
- Logan Reserve is situated 29 kilometres southeast of the Brisbane CBD.
- Residents of Logan Reserve have readily available access to both Brisbane and the Gold Coast.
- Check our surrounding suburbs in the area for more land releases: Park Ridge, Bahrs Scrub, Holmview.
Logan Reserve is the next iteration of the long-term development of the Logan region of Brisbane.
New residents of the area can buy land for sale and build their own dwellings or purchase a house and land package.
Properties in Logan Reserve are suitable for both detached houses as well as townhouses.
There are several agents operating in the area and we aim to make things easier to get in contact with them here at Urban.
If you would like to refine your search, you can use the filter fields located at the top of this page. Need a set number of bedrooms? An extra bathroom? We have you covered.
Logan Reserve's location near the midpoint between Brisbane and the Gold Coast ensures that new residents and community members have access to the best of both worlds when it comes to amenities.
Likewise, the suburb is a great area to base yourself if you have family members in either city.
The region also has developers offering buyers to purchase an apartment in a block of units.
What is a house and land package?
There are broadly two types of house and land packages: Turnkey and Standard.
A turnkey house and land package is where a developer sells you a piece of land, builds a house and at the end of that process, hands you a key.
You literally turn the key in the door and the home is yours. This process generally has several involved meetings with the developer before construction begins so they can take into account any preferences you have.
Note: while developers will offer some choices - like colour schemes, flooring types, appliances (and prices will reflect those options), turnkey solutions are designed to keep costs to a minimum and as a result there is, broadly speaking, less choice in how you want your new home to be presented.
Standard house and land packages are more involved and at a high level, they involve you purchasing the land like any normal real estate transaction (with or without a mortgage) and then you can build the house at a later date.
This gives you a lot more options in how you want your new home to look and feel - you can customise a lot more - however you, as the buyer, are more involved with the construction and you need to manage more during the life of purchasing.
Financing
Always seek professional advice on securing financing for your property purchase.
Financing for house and land packages can differ depending on the type of package you intend to purchase.
For turnkey house and land packages, the purchase price tends to be fixed and, broadly speaking, the loan you will need to qualify for will generally be a normal home loan - complete with requirements to have a 20% deposit before being subject to LMI.
For standard house and land packages, you will, broadly speaking, deal with two different loans. Firstly, you have to purchase the land and this is where you will, generally speaking, need to have a 20% deposit in order to not be levied with LMI.
Secondly, your financial provider will supply you with a ‘construction loan’ that you draw down on as you pay contractors at different stages of the home’s construction.
This advice is high-level in nature and always consult a mortgage broker or broker at a bank to get tailored advice that best suits your budget.
We aim to make things easier for you to find your new home here at Urban.
Be sure to refine your search in order to find projects that best suit your requirements.
If you register your details on the form provided on any of the listings you see on this page, it will enable us to connect you with an agent or other qualified sales professional sooner.