5/7 Lowmead StreetUnderwood QLD 4119
Property Details for 5/7 Lowmead St, Underwood
5/7 Lowmead St, Underwood is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in April 2013.
Last Listing description (June 2013)
Modernised Villa, Small Complex, Tiny Fees
What more could you want? One careful owner since new. Your delightfully finished house on 400sqm. Not too big or too small. Totally renovated bathroom (2 way), toilet and laundry, tidy kitchen and you only pay $150 per quarter Body Corporate. It just takes you to complete your new world. As an inexpensive starter package to get you out of the Rental Trap or as an Investment to start your Nest Egg, look no further.
Changed family situation means that the vendor is selling at Auction or before if the offer is right. Lowset properties like this are hard to find and this three-bedroom villa represents excellent buying. It has many advantages over the two storey townhouses as these lowset villas are favoured by older people and those with a young family, giving investors a larger pool of tenants and less risk of vacancy and giving you a more marketable product in the future.
Walk to both local and Express City buses, swimming pool and Library, five minutes to Underwood Shopping Centre Arndale and Centro, ten minutes to state and Private schools and Garden City Shops and only 15 mins to the city by car or Busway. Only nine units in complex so BC is low and would suit astute investor.
Property History for 5/7 Lowmead St, Underwood, QLD 4119
- 26 Apr 2013Sold for $317,000
- 21 Mar 2013Listed for Sale $309,000+
- 02 May 1990Sold for $81,000
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About Underwood 4119
The size of Underwood is approximately 4.2 square kilometres. It has 11 parks covering nearly 9.8% of total area. The population of Underwood in 2011 was 5,327 people. By 2016 the population was 6,343 showing a population growth of 19.1% in the area during that time. The predominant age group in Underwood is 30-39 years. Households in Underwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Underwood work in a professional occupation. In 2011, 70.2% of the homes in Underwood were owner-occupied compared with 67.6% in 2016.
Underwood has 3,347 properties. Over the last 5 years, Houses in Underwood have seen a 92.34% increase in median value, while Units have seen a 89.91% increase. As at 31 August 2024:
- The median value for Houses in Underwood is $1,076,946 while the median value for Units is $613,160.
- Houses have a median rent of $680 while Units have a median rent of $560.
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