Crestmead is an industrial and residential suburb in Logan City adjacent to Marsden, popular with tradies and workers employed in the Crestmead industrial estate who want to live close to work. Very affordable entry prices and high yields attract investors. At the current $590k median house price, an 80% loan at 6.25% over 30 years is about $2,906 per month.
| Median house price | $590,000 |
|---|---|
| Median unit price | $370,000 |
| Estimated monthly repayment | $2,906 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 9.5% |
| Gross rental yield | 5.8% |
| Typical days on market | 17 |
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