SOLD
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Sold on 01 May 2024 for $575,000

1 Daniel Street
Lowood QLD 4311

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 319m2
Land area: 1067m2
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Property Details for 1 Daniel St, Lowood

1 Daniel St, Lowood is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1067m2 and floor size of 319m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Lowood in the last 12 months.

Building Type
House
Floor Size
319m2
Land Size
1067m2
Local Government
Somerset Regional
Lot/Plan
111/RP214854

Last Listing description (May 2024)

With a rent appraisal of $690/week for both units, this property boasts a massive 6% rental yield resulting in a dual key property that is primed and ready for an astute investor looking to add a high yielding property in a high growth location to their portfolio OR the property also provides the perfect home for two generations looking for a versatile living solution or to share the mortgage and utilities without living in the same unit.

Unit 1 has fresh paint and new carpet throughout create a welcoming ambiance, while the renovated kitchen and bathroom offer modern convenience and style. This unit features two well-sized bedrooms, ensuring ample space for relaxation and rest. Additionally, a dedicated study provides a quiet space for work or hobbies, complementing the spacious living and dining area where family and friends can gather. The highlight of Unit 1 is the master bedroom's private balcony to the rear, offering serene views of the farmland behind the property. This outdoor retreat is perfect for enjoying quiet mornings or peaceful evenings in solitude or with loved ones.

Unit 2 mirrors the thoughtful updates and comfortable living spaces of Unit 1, featuring two bedrooms and one bathroom. The spacious living and dining area serves as the heart of this unit, providing a versatile space for everyday living and entertaining. Like Unit 1, Unit 2 has been refreshed with new paint and carpet, and benefits from the same attention to detail in the updated kitchen and bathroom, ensuring a contemporary living experience.

Somerset Council Rates: $1,628 per half year (subject to change)
Water Charges: $479 per quarter - plus consumption (subject to change)
Current rental appraisal: Unit 1 $350 & Unit 2 $340 per week

1 Daniel Street is ideally situated to offer the best of both worlds - the peace and quiet of country living with the convenience of city amenities. The rear of the property overlooks tranquil farmland, providing a picturesque backdrop and a sense of escape from the hustle and bustle. Lowood's friendly community and essential services, including shops, schools, and recreational facilities, are just a short walk or drive away, ensuring everything you need is within easy reach.

This property is a standout choice for investors looking for a dual-income opportunity or families in need of flexible living arrangements. The separate units allow for privacy and independence while sharing the benefits of a single location. Whether you're looking to house extended family or capitalize on rental income, 1 Daniel Street offers unparalleled potential in a sought-after setting.

Don't miss out on this exceptional opportunity to own a versatile property in Lowood. With its recent updates, dual living capability, and prime location, it's an investment in your future that promises comfort, convenience, and potential. Contact us today to arrange a viewing and see firsthand the unique charm of 1 Daniel Street.

Listing Agent: Steve Athanates

Don't be disappointed, call me now - I'm waiting for your call.

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NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Property History for 1 Daniel St, Lowood, QLD 4311

A timeline of how this property has performed in the market
Last Sold
$575,000
01 May 2024
Listed for Rent
$200/w
28 May 2020
  • 12 Apr 2024
    Sold for $575,000
  • 12 Feb 2024
    Listed for Sale Offers Over $569,000
  • 07 Jun 2022
    Sold for $310,000
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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 2011 was 3,336 people. By 2016 the population was 4,173 showing a population growth of 25.1% in the area during that time. The predominant age group in Lowood is 0-9 years. Households in Lowood are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lowood work in a labourer occupation. In 2011, 59.5% of the homes in Lowood were owner-occupied compared with 52.6% in 2016.

Lowood has 1,940 properties. Over the last 5 years, Houses in Lowood have seen a 102.94% increase in median value, while Units have seen a 151.68% increase. As at 31 August 2024:

  • The median value for Houses in Lowood is $569,859 while the median value for Units is $562,777.
  • Houses have a median rent of $500 while Units have a median rent of $283.
There are currently 27 properties listed for sale, and 5 properties listed for rent in Lowood on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Lowood.

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Steve Athanates
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Matt Drayton
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.