Way Below Cost, this huge 850sqm corner block of land is ripe for the picking in the beautiful Somerset Region just 1 hour from Brisbane CBD.
Already established estate and a stunning block with high elevation just waiting for a big lifestyle house or duplex build. Previously approved to build duplex providing an excellent investment option. Recent duplex sales indicate $190k-$200k per unit. Being a corner block, fantastic potential to build on each street to create a perception of separate properties per duplex.
LOWOOD PROGRESS:
Walking distance to state and high school and Lowood town centre.
Lowood is a town in the Somerset Region in south east Queensland. The town is on the Brisbane River, 66 km west of the state capital, Brisbane and 31km north of Ipswich.
Presented by ING:
The median house price in Lowood last year was $245,000. If you are looking for an investment property, consider houses in Lowood rent out for $295 PW with an annual rental yield of 6.3% and units rent for $203 PW with a rental yield of 5.3%. Based on five years of sales, Lowood has seen a compound growth rate of -1.4% for houses and -8.7% for units.
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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 1,942 properties. Over the last 5 years, Houses in Lowood have seen a 150.49% increase in median value, while Units have seen a 233.85% increase. As at 31 March 2026:
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