5 Nova Street, Mount Low, QLD 4818 sold on 21 March 2025 | OnTheHouse
 
SOLD
Sold on 21 Mar 2025 for $595,000

5 Nova Street
Mount Low QLD 4818

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 131m2
Land area: 540m2
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Property Details for 5 Nova St, Mount Low

5 Nova St, Mount Low is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 540m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 4 bedroom House sold in Mount Low in the last 12 months.

Building Type
House
Year Built
2011
Floor Size
131m2
Land Size
540m2
Local Government
Townsville City
Lot/Plan
69/SP241158

Last Listing description (April 2025)

With a government incentive scheme (National Rental Affordability Scheme) this property makes for a solid investment. The scheme offers tax-free financial incentives to investors along with long-term tenants in place.Benefits of investing with NRASAn annual tax-free incentive that is indexed over ten yearsIncreased incomeA positive cash flow investmentReducing tax burden through potential negative gearing benefitsTax deductions on interest paymentsInvestors may exit the scheme at any time without incurring exit penaltiesThe property can be sold with remaining NRAS incentive to another investorThe property can be sold without the NRASRents Component Weighted average of eight capital cities 2.0% increase in 2014-15Current NRAS YearYea Contributed Amount2014/2015Australian Federal Government Contribution$7,996.00State Contribution $2,665.00Total$10,661.00The propertyModern rendered masonry four bedroom home. Master with ensuite. All rooms with built in robes. Fully air-conditioned. Open plan kitchen and dining with separate lounge. This home was built in 2011 and has current tenants with the NRAS scheme in place.MARKET RENT $395,000REBATE $ 99.00NRAS RENT $296.00

Property History for 5 Nova St, Mount Low, QLD 4818

A timeline of how this property has performed in the market
Last Sold
$595,000
21 Mar 2025
Listed for Rent
$440/w
31 Jan 2022
  • 21 Mar 2025
    Sold for $595,000
  • 17 Aug 2023
    Listed for Sale $319,000
  • 04 Jan 2022
    Listed for Rent $440 / week
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About Mount Low 4818

The size of Mount Low is approximately 11.4 square kilometres. It has 3 parks covering nearly 5.4% of total area. The population of Mount Low in 2016 was 4655 people. By 2021 the population was 5488 showing a population growth of 17.9% in the area during that time. The predominant age group in Mount Low is 0-9 years. Households in Mount Low are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Low work in a trades occupation.In 2021, 63.10% of the homes in Mount Low were owner-occupied compared with 58.60% in 2016.

Mount Low has 2,256 properties. Over the last 5 years, Houses in Mount Low have seen a 91.09% increase in median value, while Units have seen a 107.87% increase. As at 31 January 2026:

  • The median value for Houses in Mount Low is $756,659 while the median value for Units is $663,406.
  • Houses have a median rent of $600 while Units have a median rent of $295.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Mount low on OnTheHouse. According to Cotality's data, 155 properties were sold in the past 12 months in Mount low.

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