1/42 Peregrine Drive, Lowood, QLD 4311 | Property Value & History | OnTheHouse
OFF MARKET

1/42 Peregrine Drive
Lowood QLD 4311

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 124m2
Land area: 160m2
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Property Details for 1/42 Peregrine Dr, Lowood

1/42 Peregrine Dr, Lowood is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 160m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2012
Floor Size
124m2
Land Size
160m2
Local Government
Somerset Regional
Lot/Plan
2/SP243270

Last Listing description (November 2023)

** 5.85% RETURN @ $450 P/WK UNTIL JAN 2024 **
** EXTREMLY WELL LOOKED AFTER, GREAT CONDITION **

Attention investors!! If you're looking for a true "set and forget" style investment, then look no further than 1/42 Peregrine Dr, Lowood. This 11 years young 4 bedroom modern duplex is already setup with a long term lease returning $450 p/wk, to tenants that have been in the property since it was constructed. Having been meticulously kept over the years, the unit is in excellent condition, but still has plenty of potential for improved equity and taxable deductions. The current owner is in a reluctant position requiring this top tier investment to be moved on to the next savvy portfolio holder.

For the owner occupiers looking for that premium position, we may be able to work with the tenants for a relocation (but no guarantees can be made).

These duplexes often surprise with their features and space - offering 4 large bedrooms, each of which have built in robes and ceiling fans and the master bedroom is complete with an en-suite. The whole property is fitted with security screens and doors and has a fully appointed modern kitchen. There is a bit of yard space for some privacy and tranquility and a remote double garage, easy access for two vehicles.

With no formal body corporate, you've got no sinking fund or admin fees, you just share an insurance policy with the owner of the adjacent unit, approx $900 each per year. Contents insurance and/or landlord insurance may be required, please seek independent advice. Somerset Regional Council rates are approx $1800 pear year (paid half yearly), QLD Urban Utilities Water/Sewer access charges are approx. $232 p/qtr, plus water usage.

Location is always important and Lowood has certainly been put on the map in recent months with many owner occupiers flocking to the area, and investors struggling to beat them into the market! Infrastructure is already being upgrade and many new housing estates are in the plans for Lowood and its surrounding areas and now is a great time to buy into an area set to continue moving forward. 32 minutes to Ipswich, 45 minutes to Brisbane, 1 hour to Toowoomba and 1 hour 25 minutes to the Gold Coast, just to name a few near-by high-lights.

In brief:

- 4 large bedrooms, all with built-in robes & ceiling fans
- Master bedroom with en-suite
- Security screens and doors through-out
- Air-conditioned living/dining area
- Modern kitchen with quality fittings and appliances
- Remote double lock up garage
- Water tank plumbed to house
- Leased @ $450 p/wk until Jan 2024
- Shared Insurance $900 p/yr (approx.) (per side)
- Council Rates $1800 p/yr (approx.)
- QUU Water/Sewer Access $232 p/qtr (approx.) + usage
- Eagle Rise Estate, minutes to Lowood CBD
- 12 Minutes to Fernvale, 15 Minutes to Plainland
- 32 Minutes to Ipswich CBD, 45 Minutes to Brisbane
- 1 Hour to Toowoomba, 1 hour 25 Minutes to Gold Coast

* Disclaimer: Whilst all care has been taken in preparation, no responsibility is accepted for the accuracy of the information contained herein. All information (including but not limited to the property area, floor size, price, address & general property description) within this advertisement is provided as a convenience to you, and has been provided to Ipswich Real Estate Pty Ltd by third parties. Interested persons are advised to make their own inquiries, seek legal advice and satisfy themselves in all respects.

Ipswich Real Estate Pty Ltd does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained within this advertisement.

Property History for 1/42 Peregrine Dr, Lowood, QLD 4311

A timeline of how this property has performed in the market
Last Sold
$400,000
21 Oct 2023
  • 21 Oct 2023
    Sold for $400,000
  • 31 May 2023
    Listed for Sale $375k NEG
  • 19 Sep 2022
    Listed for Sale Not Disclosed
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About Lowood 4311

The size of Lowood is approximately 26.7 square kilometres. It has 3 parks covering nearly 1.3% of total area. The population of Lowood in 2016 was 4159 people. By 2021 the population was 4082 showing a population decline of 1.8% in the area during that time. The predominant age group in Lowood is 10-19 years. Households in Lowood are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lowood work in a labourer occupation.In 2021, 61.50% of the homes in Lowood were owner-occupied compared with 52.60% in 2016.

Lowood has 1,937 properties. Over the last 5 years, Houses in Lowood have seen a 144.64% increase in median value, while Units have seen a 185.63% increase. As at 31 December 2025:

  • The median value for Houses in Lowood is $720,494 while the median value for Units is $565,915.
  • Houses have a median rent of $530 while Units have a median rent of $280.
There are currently 18 properties listed for sale, and 6 properties listed for rent in Lowood on OnTheHouse. According to Cotality's data, 92 properties were sold in the past 12 months in Lowood.

Suburb Insights for Lowood 4311

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.