Heritage Park sits toward the upper end of western Logan pricing, and while most purchases still fall under Queensland's $700,000 zero transfer duty threshold, some reach into the partial concession band. The Australian Government 5% Deposit Scheme applies and removes Lenders Mortgage Insurance on a 5% deposit.

Heritage Park sits in the 4118 postcode between Regents Park, Hillcrest and Browns Plains. At the 2021 Census Heritage Park had 4,930 residents with a median age of 37, a median weekly household income of $2,090, and an average of 3.1 people per household. Housing is predominantly larger detached family homes, most of it built from the 1990s onwards.

Stamp duty and the concession bands

Established homes under $700,000 attract zero transfer duty under Queensland's First Home Concession, with a partial concession to $799,999 and a maximum saving of $24,525. Heritage Park sits close enough to that threshold that the figure is worth running rather than assuming. Use our stamp duty calculator.

The Australian Government 5% Deposit Scheme

Renamed from the First Home Guarantee in October 2025, the scheme allows a 5% deposit with no Lenders Mortgage Insurance. Income tests have been removed and there is no longer an annual cap on places. At Heritage Park price points the LMI avoided commonly runs well into five figures. See the scheme explained and avoiding LMI.

Buying a family home, not a starter

Heritage Park is dominated by four-bedroom family housing with very little smaller or attached stock. First home buyers here are typically couples committing to a long-term home rather than buying a stepping stone, which shifts the emphasis toward loan structure. Offset accounts, split loans and repayment flexibility matter more when you intend to stay a decade or more. See home loan types and offset accounts.

Planning for a family

Heritage Park has the largest average household size of the western Logan suburbs at 3.1 people. If children are in your near-term plans, factor that into the borrowing figure now, because each dependant reduces assessable capacity under lender household expenditure benchmarks. See home loans for young families and pre-approval.

Call Cube Home Loans on 1800 774 756 for a free assessment of your Heritage Park first home buyer options.

Heritage Park investment purchases lean toward growth rather than yield. Higher entry prices against western Logan rents mean gross yields sit at the lower end of the range, so serviceability rests more on your own income than the projected rent. The compensation is a stable family tenant base with low turnover.

Demand is supported by the Grand Plaza precinct nearby, the Mount Lindesay Highway, and school catchments that hold family tenants for extended periods.

Investment loan assessment in Heritage Park

Lenders weigh your income, projected rent, existing commitments and portfolio position, commonly accepting 70% to 80% of the appraised rent. Heritage Park's larger family homes attract long-term tenants and value predictably. Because yields are modest, most lenders will assess the gap between rent and repayments against your salary. See our investment loan page and compare with higher-yield Logan suburbs.

Larger homes rent to fewer tenants

A four-bedroom Heritage Park home commands a higher rent than a three-bedroom Hillcrest equivalent, but not proportionally higher relative to its price. Larger family homes also draw from a narrower tenant pool, since fewer households need that much space and can afford the rent. Vacancy periods, when they occur, tend to be longer. That is manageable with a cash buffer but worth planning for rather than discovering.

Dual occupancy and secondary dwellings

Block sizes support secondary dwellings on some Heritage Park lots. Lender treatment of the second rental income differs sharply, from counting it in full to excluding it entirely. Confirm both the council planning position and the lender's income treatment before committing. See dual occupancy loans.

Extension and renovation

Structural work is usually funded as a construction loan drawn in stages against a fixed-price contract rather than a straight equity release. See renovation lending.

Call Cube Home Loans on 1800 774 756 to talk through Heritage Park investment finance.

Refinancing a Heritage Park home loan is usually worthwhile when a fixed rate is ending, when equity growth has taken you below 80% LVR, when you want to release equity, or when household circumstances change. With a median age of 37 and larger loan balances than most western Logan suburbs, the dollar value of a rate improvement is meaningful here.

Here is how each case works in practice.

Getting out of Lenders Mortgage Insurance

If you bought with a small deposit and paid LMI, capital growth may already have pushed your loan-to-value ratio below 80%. At Heritage Park loan sizes the LMI premium was substantial, and refinancing once you are clear of it can secure a materially better rate. See accessing equity.

Your fixed rate is ending

The revert rate at the end of a fixed term is rarely a lender's sharpest offer. Start two to three months before expiry rather than after. See fixed rates ending.

Growing families and cashflow

Heritage Park has the largest average household size in western Logan at 3.1 people. Adding children changes household expenditure benchmarks and can tighten cashflow considerably even where the loan itself has not changed. Restructuring to interest-only for a defined period, extending the term, or moving to a lower rate are all options, and each has a cost. See reducing repayments and home loans and maternity leave.

Using equity to buy an investment

Released equity is frequently the deposit for a first investment property. Structure matters, since cross-securitising two properties with one lender restricts your options later. See using equity to buy again.

When refinancing is not worth it

If the balance is small, if you are close to paying out, or if break costs exceed the saving, staying put is the better call. Start with our refinancing calculator.

Call Cube Home Loans on 1800 774 756 for an honest read on your options.

Yes. Heritage Park has a mix of skilled trades, professionals and small business owners, with a median weekly personal income of $789 at the 2021 Census. What distinguishes local applications is that the household income of $2,090 is being produced by combining incomes across a large household rather than by one exceptional salary.

That combination, strong household income built from moderate individual incomes, changes which lenders work best.

Multiple incomes and dependants together

This is the defining feature of Heritage Park applications. Household size of 3.1 is the largest in western Logan, and household income of $2,090 is well above the LGA figure. Both facts matter and they pull in opposite directions. The second income increases capacity; dependants reduce it through lender household expenditure benchmarks. Lenders differ substantially in both how much of a second income they count and how heavily they benchmark for children, and the two policies rarely align in the same lender's favour. Working out which combination suits your household is the exercise. See home loans for young families.

Self-employed and business owners

Full-doc assessment needs two years of returns and financials. Add-backs matter: depreciation, one-off expenses, additional superannuation contributions and interest on refinanced debt can often be added back to assessable income. See self-employed home loans and home loans for tradies.

Alt-doc and low-doc options

Where returns do not reflect current trading, alt-doc lending assesses you on BAS, business bank statements or an accountant's declaration. See professionals for LMI waiver options if your occupation qualifies.

Credit impairment and past declines

A default, a discharged bankruptcy or a prior decline does not close the door. Specialist lenders price for risk rather than refusing outright.

Call Cube Home Loans on 1800 774 756 to discuss your situation confidentially.

At the 2021 Census, Heritage Park had 4,930 residents with a median age of 37, living at an average of 3.1 people per household. Median weekly household income was $2,090, median weekly family income was $2,131, and median weekly personal income was $789.

High household income from a large household

Median household income of $2,090 sits well above the Logan LGA figure of $1,616 and places Heritage Park in the top tier of the council area. What produces that figure is different from how Cornubia or Daisy Hill reach similar numbers. Heritage Park's median personal income of $789 is only modestly above the LGA pattern, so the household figure is being built by combining incomes across 3.1 people rather than by individually high salaries.

The largest households in western Logan

At 3.1 people per household against the LGA average of 2.9, Heritage Park runs larger than neighbouring Regents Park at 3.0, Hillcrest at 2.7 and Browns Plains at 2.7. The near-identical family income of $2,131 and household income of $2,090 confirms these are overwhelmingly family households rather than share or multi-generational arrangements.

What this means for your application

The distinction between high individual income and high combined income is not academic here, it changes which lenders suit you. A household earning $2,090 from two moderate salaries is assessed differently to one earning the same from a single strong salary, and dependants complicate it further. Second income treatment, overtime policy and household expenditure benchmarks for family size all vary between lenders, and Heritage Park applications are exposed to all three at once. See increasing your borrowing capacity.

Where Cube Home Loans fits

We are based at 3/3986 Pacific Highway, Loganholme. Scott Beattie, Nevada Matthews and the team compare more than 60 lenders and match your household structure to the lender most likely to assess it favourably. Cube Central Pty Ltd, Credit Representative #472851, authorised under Australian Credit Licence #517192.

Source: Australian Bureau of Statistics, 2021 Census of Population and Housing, Heritage Park (SAL31322).

Call Cube Home Loans on 1800 774 756 for a free assessment of your borrowing position.