Realtyex · Wholesale Australian Property · 2026
Logan City · Greater Flagstone Thesis · June 2026

Between two
booming cities.

Logan sits on the Brisbane–Gold Coast spine — CBD 40km north, the Coast 60km south. A population marching from 345,000 toward 560,000 by 2046, an $18.24B regional economy, and a $1.4B hospital + $5.75B faster rail + a confirmed 2032 Olympic venue all landing inside the LGA. Greater Flagstone — one of SEQ's largest Priority Development Areas — is where we buy a brand-new build around $880k.

Flagstone New Build
Indicative · agent-reported 2026 comps
~$880K
Logan Population → 2046
345,000+ today · +62% runway
560K+
Committed Infrastructure
Hospital · faster rail · Olympics · logistics
$18B+
Logan Suburb Vacancy
SQM Research · every suburb under 3%
<3%
Migration · Demand · Supply

Why Logan. Why now.

Forget state-level averages. The case for Logan lives at the LGA and corridor level: migration-led population growth between Australia's two fastest-repricing South-East Queensland cities, a tightening rental market, and the #1 region in QLD for first-home-buyer demand.

+62%
Logan Pop · to 2046
345,000+ → 560,000+ residents. 960km², 70 suburbs on the Brisbane–Gold Coast spine. Unemployment 4.3% and declining. Source: Logan City Hotspotting Location Report.
$18.24B
Gross Regional Product
A standalone $18.24B regional economy. Council FY2026 budget of $1.22B with $360M+ in capital works compounding on top of state and federal pipelines.
16
Suburbs Now $1M+
Up from 7 a year ago. Hotspotting Autumn 2026 records 54% of Logan markets with positive transaction levels — the repricing is broad-based, not isolated.
$33.24M
FHB Grants · FY2025
#1 region in QLD for first-home-buyer grants. Logan–Beaudesert paid $33.24M to 1,163 first-home buyers — the demand engine under entry-level stock.
Capital City Median House · Apr 2026 Gap to Flagstone (~$880K)
Sydney$1,601,782+82%
Brisbane (dwelling) $1,080,000+ +23% — convergence target
Perth$1,062,538+21%
Canberra$1,048,285+19%
Adelaide$998,933+14%
Melbourne$982,876+12%
Hobart$790,566−10%
Flagstone new build (subject) ~$880,000 — ENTRY POINT —

Source · Cotality Apr 2026 (capitals) · agent-reported Flagstone comps (2026)

Estate Deep Dive · 01

Greater Flagstone. A declared PDA.

A state-declared Priority Development Area and one of South-East Queensland's largest masterplanned greenfield communities — a multi-decade population and housing pipeline 40km south of the Brisbane CBD, inside a Logan corridor already pricing through $1M in 16 suburbs.

GREATERFLAGSTONE
Greater Flagstone PDA · Logan City. A declared Priority Development Area on the Brisbane–Gold Coast corridor — one of SEQ's largest masterplanned greenfield communities, with a multi-decade dwelling and population pipeline.
Why Flagstone, Why Now
Greenfield scale. Wholesale entry. Repricing in motion.
Greater Flagstone is one of South-East Queensland's largest greenfield growth fronts — a state-declared Priority Development Area structured for a multi-decade build-out. It sits inside Logan City, the LGA bridging Brisbane and the Gold Coast, where 16 suburbs have now crossed the $1M house median (up from 7 a year ago). New-build product enters below the established resale market — manufactured equity recognised at contract, ahead of the corridor's repricing.
  • Declared Priority Development Area — one of SEQ's largest masterplanned greenfield communities, with a multi-decade population and housing pipeline.
  • Corridor position — Brisbane CBD ~40km north, Gold Coast ~60km south. Direct exposure to both South-East Queensland growth engines.
  • New-build wholesale entry — a brand-new 4-bed / 2-bath / 2-car turnkey home sits around $880,000 on 2026 agent-reported evidence, with 7-star efficiency, full depreciation and structural warranty.
  • Demand pull — Logan is the #1 region in QLD for first-home-buyer grants ($33.24M to 1,163 buyers in FY2025), underwriting the entry-level owner-occupier base around new stock.
  • Land-only stamp duty — a land-and-build structure attracts transfer duty on the land component only, not the completed dwelling.
~$880K
New-Build Entry
40km
To Brisbane CBD
PDA
State-Declared
Estate Deep Dive · 02 — Sold Evidence
What Flagstone is actually trading at.
Recent agent-reported settled sales across comparable Flagstone product. A new 4/2/2 on a standard rectangular lot lands around $880,000 on this evidence — the entry our wholesale procurement targets ahead of the broader Logan repricing.
AddressConfigLandSoldPrice
6 Finch Circuit3 / 2 / 2350m²31 Mar 2026$895,000
40 Vespar Road4 / 2 / 2306m²5 May 2026$870,000
45 Vespar Road4 / 2 / 2306m²11 Feb 2026$855,000
11 Finch Circuit3 / 2 / 2300m²28 Mar 2026$850,000
New 4/2/2 (subject)4 / 2 / 2~300m²2026~$880,000

Source · agent-reported settled sales · Flagstone · 2026

SOLD2026
Comparable settled evidence, Flagstone. Four 2026 sales across 3/2/2 and 4/2/2 product on 300–350m² lots, $850k–$895k — the live market our brand-new wholesale entry sits beneath.
Corridor cross-reference

Flagstone sits below the Logan greenfield pack.

Nearby Logan greenfield corridors are repricing fast — top recent movers are running +19% to +22% over twelve months. A new Flagstone build around $880k sits inside, not above, this established cohort.

Suburb Median House 1-Yr Growth 5-Yr Growth Yield Realtyex View
Flagstone (new build) ~$880,000 ~3.7% PRIMARY · PDA wholesale
Yarrabilba$795,000+16%+16%3.8%WATCH · $11B PDA catalyst
Logan Reserve$850,000+12%+14%3.8%WATCH · adjacent greenfield
Park Ridge$880,000+4%+14%3.6%HOLD · price parity, slower YoY
Greenbank$960,000+13%+10%3.7%HOLD · acreage premium
Jimboomba$1,000,000+12%+10%3.7%HOLD · $1M corridor benchmark

Source · PropTrack 12mo to Mar 2026 · Cotality · medians indicative

Top recent Logan growth 12-Mo Growth
Logan Central+22%
Browns Plains+21%
Loganlea+19%

Source · PropTrack 12mo to Mar 2026

The $18B+ infrastructure wave

Capital is already committed.

Council FY2026 capital works of $360M+ sit on top of a state and federal pipeline anchored by a $1.4B hospital, a $5.75B faster rail program, a confirmed 2032 Olympic venue inside the LGA, and a $1.5B logistics estate already opening tenants. Delivered, funded, or under construction — no speculative items.

$1.4B
Logan Hospital Expansion
QLD Health major expansion of the LGA's principal acute hospital at Meadowbrook. Anchors the Meadowbrook health and knowledge precinct alongside Loganlea TAFE and Griffith University's Logan campus.
Meadowbrook · Health
$5.75B
Logan–Gold Coast Faster Rail
Federal + State program upgrading the Brisbane–Gold Coast line through Logan. Compresses the commute to both CBDs — the core connectivity catalyst under the entire corridor, Flagstone included.
Logan Corridor · Transport
$142.1M
Brisbane 2032 Olympics — Logan
Logan Central confirmed as a 2032 venue: a $142.1M sports precinct with a 7,000-seat stadium and 9 multi-use courts. A generational catalyst delivered inside the LGA.
Logan Central · Olympics
$1.5B
Crestmead Logistics Estate
Major industrial estate with DHL, Toll, CEVA, PACCAR and Toyota distribution opened January 2026. Locks in Logan as a SEQ logistics employer for high-credit, long-stay tenants.
Crestmead · Industry
$3B
Coomera Connector
The second M1 — a new motorway corridor easing the Brisbane–Gold Coast bottleneck and lifting accessibility across Logan's southern growth fronts, Flagstone included.
SEQ · Transport
$11B
Yarrabilba PDA
An $11B Priority Development Area inside Logan — one of the corridor's largest masterplanned communities. +16% over twelve months. The repricing template for Logan greenfield growth fronts.
Yarrabilba · Residential
$325.4M
Greenbank Battery Storage
Grid-scale battery energy storage at Greenbank. Part of the wave of energy and industrial investment positioning Logan as a SEQ infrastructure and employment hub.
Greenbank · Energy
2 anchors
Meadowbrook Knowledge Precinct
Loganlea TAFE + Griffith University Logan campus co-located with the Logan Hospital — a combined health, education and employment precinct driving high-skill jobs and student rental demand.
Meadowbrook · Education
4 hubs
Industrial Employment Precincts
Major industrial precincts at Berrinba, Crestmead, Kingston and Loganholme spread the employment base across the LGA — the jobs foundation under sustained rental demand.
Logan-wide · Industry
— Headline committed catalysts servicing the Logan corridor
$18B+
Anchored by the $1.4B Logan Hospital expansion, the $5.75B Logan–Gold Coast Faster Rail, a confirmed Brisbane 2032 Olympic venue, the $1.5B Crestmead Logistics Estate, the $3B Coomera Connector and the $11B Yarrabilba PDA — alongside Council's $360M+ annual capital works.
The Realtyex lens

Flagstone through the 6 GCIM pillars.

Greenfield Convergence Investment Methodology — six structural drivers. We grade Greater Flagstone against each, qualitatively, to show why this corridor sits inside the Realtyex thesis.

01 Pillar 1 · Affordability convergence
Affordability Convergence
A new Flagstone build sits under $900k against a Brisbane dwelling median above $1.08M. With Logan already pushing 16 suburbs past $1M, the convergence runway from the entry point to the established corridor remains intact.
02 Pillar 2 · Construction economics
Construction Economics
Wholesale new-build entry sits below the resale market — manufactured equity recognised at contract. 2.74m ceilings, ducted reverse-cycle air-conditioning and 7-star efficiency are standard inclusions on the Realtyex turnkey build.
03 Pillar 3 · Infrastructure catalyst
Infrastructure Catalyst
$1.4B hospital + $5.75B faster rail + a confirmed Olympic venue inside the LGA, plus the $1.5B Crestmead logistics estate, $3B Coomera Connector and the $11B Yarrabilba PDA. All delivered, funded, or under construction.
04 Pillar 4 · Demographic acceleration
Demographic Acceleration
Logan grows from 345,000 toward 560,000 by 2046 on the Brisbane–Gold Coast spine, and is the state's #1 first-home-buyer region ($33.24M to 1,163 buyers in FY2025) — the demand base under entry-level new stock.
05 Pillar 5 · New-build advantage
New-Build Advantage
7-star efficiency, full depreciation, structural warranty, and land-only stamp duty on a land-and-build structure. A new tenant pool of first-home demographics priced out of the established Logan corridor underpins occupancy.
06 Pillar 6 · Convergence risk
Convergence Risk
Outer-corridor markets carry rate sensitivity — mitigated by a 7–10 year minimum hold, a 5% cost buffer and deliberately conservative growth assumptions. PDA supply absorbs over a multi-decade pipeline, smoothing timing risk.
Rental market · SQM Research

A landlord's market.

Every Logan suburb sits under the 3% balanced-market threshold — and six are under 1%. Sustained migration into the corridor is meeting a tight supply of rental stock.

<3%
Every Logan suburb
Every suburb in the LGA sits below the 3% balanced-market vacancy threshold — structurally undersupplied rental conditions across the corridor. Source: SQM Research.
<1%
Six Logan suburbs
Six suburbs sit under 1% vacancy — a strong landlord market with minimal letting risk and upward pressure on rents. Source: SQM Research.
Forward projection · Flagstone

Deliberately conservative.

From the ~$880,000 new-build base, projected forward at a conservative 6% p.a. — well below the +12–16% p.a. that Logan corridor suburbs are currently printing. Illustrative only.

Scenario CAGR Year 5 · 2031 Year 10 · 2036 Realtyex Note
Conservative base 6.0% p.a. $1,177,700 $1,575,900 Well below current corridor run-rate
Logan corridor run-rate +12–16% p.a. not modelled not modelled Current printed growth · not assumed forward

Modelled on a ~$880,000 base · GCIM framework · indicative · projections only · not personal financial advice

— Base · today
$880K
Indicative new-build entry on 2026 agent-reported Flagstone comps.
— Year 5 · 2031 · 6% p.a.
$1.18M
Conservative 6% p.a. — Logan corridor suburbs are currently printing +12–16% p.a.
— Year 10 · 2036 · 6% p.a.
$1.58M
Projections only — not advice. Deliberately conservative against the current run-rate.
The Realtyex buy list · Logan City

Where we're sourcing, watching, and passing.

Three tiers across the Logan corridor: active wholesale acquisition, watching for cycle entry, and passing on price-or-asset profile.

Active Acquisition
Greater Flagstone (PDA)
~$880K
Primary corridor. Brand-new 4/2/2 wholesale on a standard rectangular lot. 2.74m ceilings, ducted AC, 7-star efficiency, full depreciation, land-only stamp duty.
Logan Reserve
$840–880K
Adjacent greenfield. +12% YoY, +14% over 5 years, 3.8% yield. New-build wholesale where stock and lot geometry meet the thesis.
Yarrabilba ($11B PDA)
$780–820K
$11B Priority Development Area. +16% YoY, 3.8% yield. The Logan greenfield repricing template — wholesale entry where releases allow.
Watch List
Park Ridge
$860–900K
Price parity with Flagstone but a slower +4% YoY — watching for the next release window before the corridor's faster-rail catalyst prices in.
Greenbank
$920–980K
Acreage premium, +13% YoY, 3.7% yield. Battery-storage and southern-corridor halo. Larger-lot product watched where the build thesis holds.
Loganlea / Meadowbrook
Varies
Hospital + TAFE + university knowledge precinct. +19% recent growth in Loganlea. Watching for new-build land-and-build product near the precinct.
Pass / Avoid
Jimboomba resale
$1.0M+
Already through the $1M median. Convergence gap largely closed — the wholesale new-build window has compressed at this price point.
Logan Central units
Varies
Strong +22% recent growth, but apartment exposure carries no land leverage — wrong asset class for the Realtyex land-and-build thesis.
Irregular-geometry lots
Any price
Battle-axe, pie, hammerhead and curve-fronting lots are filtered out. We source standard rectangular geometry only, regardless of corridor.
The catalyst stack

Sequenced and committed.

The Logan corridor's catalysts are delivered, funded, or under construction — and they sequence through the 2026–2032 window the Olympic Games anchor.

2026Opened
Crestmead Logistics Estate
$1.5B
DHL, Toll, CEVA, PACCAR, Toyota distribution opened Jan 2026.
2026Under Construction
Logan Hospital Expansion
$1.4B
QLD Health acute-care expansion anchoring the Meadowbrook precinct.
2026+Active
Council Capital Works FY2026
$360M+
Inside Logan's $1.22B FY2026 budget — roads, parks and community assets.
2026+Funded
Greenbank Battery Storage
$325.4M
Grid-scale energy storage in Logan's southern corridor.
2028+Funded
Coomera Connector
$3B
The "second M1" — easing the Brisbane–Gold Coast bottleneck.
2029+Funded
Logan–Gold Coast Faster Rail
$5.75B
Federal + State rail upgrade — the corridor's core connectivity catalyst.
2032Confirmed
Brisbane 2032 Olympics — Logan
$142.1M
Logan Central venue: 7,000-seat stadium + 9 multi-use courts.
Multi-decadePDA Pipeline
Yarrabilba PDA
$11B
One of Logan's largest PDAs — the corridor's greenfield repricing template.
The closer

The Realtyex Logan master thesis.

One corridor between two booming cities.

Logan City sits on the Brisbane–Gold Coast spine — 40km from the Brisbane CBD, 60km from the Coast — capturing migration into both of South-East Queensland's growth engines. Population is marching from 345,000+ toward 560,000+ by 2046 on an $18.24B regional economy, with unemployment at 4.3% and falling. Hotspotting's Autumn 2026 read shows 54% of Logan markets with positive transaction levels and 16 suburbs now above $1M, up from 7 a year ago. It is the #1 region in QLD for first-home-buyer grants — the demand engine under entry-level stock.

The infrastructure is committed and sequenced: a $1.4B Logan Hospital expansion, a $5.75B Logan–Gold Coast Faster Rail program, a confirmed Brisbane 2032 Olympic venue inside the LGA ($142.1M precinct, 7,000-seat stadium), the $1.5B Crestmead Logistics Estate (DHL, Toll, CEVA, PACCAR, Toyota — opened January 2026), the $3B Coomera Connector, the $11B Yarrabilba PDA, $325.4M Greenbank battery storage, and the Meadowbrook knowledge precinct (Loganlea TAFE + Griffith University Logan). Every Logan suburb sits under 3% vacancy; six are under 1%.

Inside that backdrop, Greater Flagstone is a declared Priority Development Area — one of SEQ's largest masterplanned greenfield communities. The Realtyex play: a brand-new wholesale 4/2/2 turnkey build around $880,000 (2.74m ceilings, ducted air-conditioning, 7-star efficiency, full depreciation, land-only stamp duty), entering below the established Logan resale corridor on 2026 agent-reported evidence — manufactured equity recognised at contract. Projected forward at a deliberately conservative 6% p.a. — roughly $1.18M by 2031 and $1.58M by 2036 — against corridor suburbs currently printing +12–16% p.a. The convergence is in motion. The catalysts are funded. We acquire while the entry gap is still open.

Risk note

Outer-corridor markets are interest-rate sensitive — investors should hold a 5% buffer above all costs, model conservative growth (6% p.a. base case used here), and target a 7–10 year minimum hold. Construction-period interest on land is not deductible (s26-102) — it is capitalised to the cost base. PDA supply absorbs across a multi-decade pipeline; absorption is supported by sub-3% LGA vacancy and the state's #1 first-home-buyer demand base. Builder selection is a risk decision: Realtyex sources through a single vetted fixed-price contract with QBCC insurance, Realtyex QA inspection at each stage, and independent pre-handover inspection. All figures are indicative and projections only — not personal financial advice.

The window is open

Greater Flagstone.
Active wholesale corridor.

Limited titled wholesale stock per release. Realtyex sources at developer-direct pricing for qualified investors. Book a strategy call to see live availability in the Logan corridor.