Six Month Economic Snapshot

2 July 2018

Economic Snapshot

The City of Logan continues to show strong population and economic growth. Key information collected by Logan City Council on a six monthly basis includes population figures, economic indicators, local labour market and development activity.

Population continues its steady rate of increase at 1.9% per annum from 2016 to 2017. The official estimated resident population of the City of Logan is currently 319,652.

The City of Logan has experienced consistent economic growth in the five year period from June 2013 to June 2017. Logan's Gross Regional Product (GRP) increased by 20% during this period.

Key Economic Indicators 

Leading non-residential development was for general industry, with notable development in Loganlea. Most residential construction has occurred in Park Ridge, Logan Village, Yarrabilba and Flagstone.

Development Activity  

For the March 2018 quarter, the market outlook for house sales in Logan is positive and should continue to perform strongly due to overall affordability, availability, and the locality.

Property Market 

Transurban Queensland’s $512million Logan Enhancement Project includes upgrades to the Logan and Gateway Extension motorways, major upgrades to Logan Motorway/Mt Lindesay Highway/Beaudesert Road interchange, as well as the Wembley Road/Logan Motorway interchange. Construction is well underway with completion scheduled for 2019.

The upgrade to the Wembley Road/Logan Motorway interchange will greatly improve commercial access to major industrial areas in Berrinba and Crestmead.

The Queensland Government Budget 2018-19 announcements included the delivery of the following transport infrastructure and other projects in Logan.

Infrastructure

QLD Budget

For more information visit the Economic Snapshot page 

Economic Snapshot

Let’s talk!

Phone: +61 7 3412 4888
Email: loed@logan.qld.gov.au

Logan Office of Economic Development
150 Wembley Road
Logan Central QLD 4114