Logan’s property market continued to grow over the holiday period, with plenty of buyers attending inspections, according to two local agents.
Client services manager, Mani Ghai, from Belle Property, said the holiday season had not slowed the market down.
“A lot of buyers were still keen to know what’s coming up on the market in the new year,” Mr Ghai said.
‘We have launched a few properties back-to-back, and they’re already getting a good amount of interest and higher prices than last year.
Mr Ghai said he expected the Logan market would see property prices increase by up to 10%.
“We are already seeing that impact in the first weeks back,” he said.
Browns Plains Real Estate principal Neil Giles also expects Logan market prices will remain competitive, but said the number of people attending open homes has dropped in the last two weeks, which is to be expected in a period when many are still on holiday.
“We did have an open home last Saturday, and we still got a dozen people through,” Mr Giles said.
“Whereas before Christmas, we might have been talking 20 to 25 people, so it’s still positive.”
Mr Giles said he expected housing prices in Logan would continue to increase over the next 12 months, but by how much remains to be seen.
“We’ve still got the demand,” he said. “There are more buyers than we have properties, so that means the market is going to continue to rise.”
In particular, the townhouse and unit market, which Mr Giles said has “never been so hot.
“You couldn’t give them away five years ago for $200,000 and throw in a free car, but now they’re selling very quickly.”
On the other end of the spectrum, properties listed for over $1 million, above what is typically considered affordable, attract much less competition, Mr Giles said.
Mr Ghai said agents at Belle were trying to educate homeowners about property market behaviours in Logan and when they should prepare to sell.
“We would like to see more properties on the market so we can help buyers,” he said.
“We are doing our part to let people know what’s going on in the market.”
Mr Giles advised those looking to buy property in 2026 to keep a constant eye on market listings or sign up to a property mailing list, as low housing stock numbers and high demand mean agents are unlikely to give anyone special treatment.
“Agents don’t have to work their buyers,” he said. “All they need to do is put the property on the internet, sit back and wait.”
For agents managing the issue of low housing stock, Mr Giles said he has reached out to owners who may be looking to downsize as they head into retirement.
“A lot of our owners have had properties with us for many years, and it’s that time they’re up for retirement,” Mr Giles said.
“The advice is that they’re better off having the cash than a property.”
Image: Neil Giles sold 1/134 Johnson Road, Hillcrest, last November for $605,000.
