In 2026, Logan, QLD offers excellent apartment and unit options for buyers who want to get into the property market without the maintenance demands of a house. Whether you're a first home buyer eyeing a Logan Central unit at $441,000, an investor considering Eagleby options at $555,000, or someone looking to downsize in Loganholme , unit financing works differently to house loans in several important ways.

The good news is that all major government schemes - First Home Guarantee, Family Home Guarantee, and Queensland's $30,000 First Home Owner Grant - apply to unit purchases. Unit buyers often have access to lower entry prices, which can mean smaller deposits and more suburbs within reach of first home buyer price caps.

Cube Loans helps unit buyers across Logan, QLD navigate the specific lending requirements that apply to apartment and strata purchases, completely free of charge.

Here's what you need to know before approaching a lender about unit financing in Logan.

How do lenders assess apartment and unit purchases differently?

Lenders apply stricter criteria to units because they're considered higher risk than houses. Most lenders cap unit lending at 90% LVR compared to 95% for houses, which means you typically need a 10% deposit minimum rather than 5%.

Strata management, building age, and unit density all factor into approval decisions - some lenders won't finance units in buildings with more than four storeys or certain construction types. Your exact options depend on the specific building and which lenders you approach, which is what we work through with you in a free consultation.

What government schemes help unit buyers in Logan, QLD?

• First Home Guarantee : buy with 5% deposit, no LMI, up to $1,000,000 price cap - applies to eligible units and apartments across Logan.
• Family Home Guarantee: single parents can buy units with 2% deposit, no LMI, up to $1,000,000 price cap in Logan, QLD.
• Queensland First Home Owner Grant:$30,000 grant for eligible new apartments under $750,000 (reducing to $15,000 from July 2026).
• Queensland stamp duty exemption: new units attract $0 stamp duty regardless of price, established units under $700,000 pay $0 stamp duty.
• Boost to Buy shared equity: Queensland Government contributes up to 30% equity on new units, up to 25% on established units, with $1,000,000 price cap.

• Cube Loans Like to know which lenders approve units in your target building? Unit lending policies vary significantly between lenders - some won't finance certain building types or locations that others readily approve. A free chat with a Logan mortgage broker gives you a clear picture of your options - no commitment, no pressure. Free 15-min chat 60+ lenders No obligation Book a free chat today →

How do mortgage brokers help apartment buyers get approved in Logan, QLD?

Step 1: Talk to us

Get in touch and we'll assess your deposit, income, and the specific type of unit or apartment you're looking to buy across Logan, QLD.

Step 2: Review building and lender compatibility

We identify which lenders approve the building type, age, and location you're targeting. Some lenders have specific restrictions on high-rise, older strata, or certain suburbs.

Step 3: Maximise your deposit position

We structure your application to take advantage of available schemes - First Home Guarantee, Family Home Guarantee, or Boost to Buy if you're eligible.

Step 4: Submit to the right lenders first

We approach lenders who actively write unit loans in your target area and price range, avoiding those with restrictive unit policies.

Step 5: Coordinate building inspections

We work with your solicitor and building inspector to ensure strata documentation and building condition meet lender requirements.

Step 6: Manage settlement

We coordinate with your solicitor, the seller's agent, and strata management to ensure a smooth settlement process.

What mistakes do unit buyers make in Logan, QLD?

The biggest mistake unit buyers make is assuming all lenders treat apartments the same way. Walking into your own bank without comparing options can mean missing out on lenders who specialise in unit financing or have more flexible building criteria.

Many buyers also underestimate strata fees and council rates when calculating affordability. These ongoing costs affect serviceability assessment, so lenders factor them into your borrowing capacity. Getting pre-approval that accounts for all unit-specific costs prevents disappointment later in the process.

Which Logan suburbs offer the best unit investment opportunities?

Unit investors in Logan, QLD should focus on suburbs with strong rental demand and reasonable strata fees. Logan Central units at a median $441,000 as of April 2026 showed exceptional 12-month growth of +26.00%, while Eagleby units at $555,000 delivered solid +13.27% growth.

• Logan Central: median unit price $441,000, 12-month growth +26.00%, strong transport links and urban amenities.
• Eagleby: median unit price $555,000, 12-month growth +13.27%, family-friendly suburb with parks and schools nearby.
• Tanah Merah: median unit price $477,500, 12-month growth +6.59%, though based on limited transaction volume.
• Investment loan structure: competitive rates from 5.38% p.a., interest-only options available, depreciation benefits for new units.

• Cube Loans Ready to find out which unit financing options suit your situation? We compare loans from 60+ lenders across Logan, QLD. Free service, no cost to you. Free 15-min chat 60+ lenders No obligation Book a free chat today →

Frequently Asked Questions

Can I get a home loan on a unit with 5% deposit?

Yes, through the First Home Guarantee if you're a first home buyer, or the Family Home Guarantee if you're a single parent. Both schemes allow 5% deposit (or 2% for FHG) with no LMI on units up to $1,000,000 in Logan, QLD.

Do lenders charge higher rates for unit loans?

Generally no - competitive variable rates from approximately 5.08% p.a. apply to both houses and units. However, some lenders have stricter approval criteria for units, which can limit your rate options.

What's the difference between buying a unit and an apartment?

From a lending perspective, they're treated the same - both are strata-titled properties with body corporate fees. Lenders assess building age, construction type, and management rather than whether it's called a unit or apartment.

Are strata fees included in serviceability calculations?

Yes, lenders add strata fees to your monthly expenses when calculating borrowing capacity. Higher strata fees reduce how much you can borrow, so factor these into your budget early.

Can I buy an off-the-plan unit with a home loan?

Yes, but settlement timing affects your loan structure. Most lenders offer construction loan facilities that convert to standard home loans at completion, typically requiring 10% deposit during construction.

Should I use a mortgage broker or go direct to the bank for unit financing?

A mortgage broker, every time. Unit lending policies vary dramatically between lenders - some won't finance certain building types that others readily approve. A broker comparison identifies the lenders most suited to your target property.

Which suburbs have the most affordable units in Logan, QLD?

Logan Central offers the most affordable units at a median $441,000 as of April 2026, followed by Tanah Merah at $477,500. Eagleby units at $555,000 also provide good value with strong 12-month growth of +13.27%.

Your Next Steps

Getting your unit financing right is about more than finding a competitive rate. The right lender for your target building can mean faster approval, more flexible deposit requirements, and better ongoing service - advantages that vary significantly across our 60+ lender panel.

Ready to find out which lenders give unit buyers the strongest result for your situation? Contact Scott Beattie or Nevada Matthews for a free consultation or call 1800 774 756. We'll compare your options across 60+ lenders and identify the best fit for your deposit, income, and target property.

Cube Loans · Loganholme and Logan, QLD · General information only — this article does not constitute financial advice. Please consider your own circumstances and seek professional advice before making any financial decisions.