Back 27 Sea Eagle Drive
Off Market

27 Sea Eagle Drive

Lowood QLD 4311

850 m²
Land
Marlene MillersMarlene Millers, last sold this property on 13 November 2024 after -2 days on market.

Overview

MASSIVE PRICE REDUCTION, OWNER SAYS SELL!!! WAY BELOW COST

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: A report by Urban Utilities: 28 December, 2018 13:26 Lowood-Fernvale Sewer Upgrade marks a major milestone Queensland Urban Utilities has finished constructing the new sewer pipe which will connect the Ferny Gully Sewerage Pump Station to the new Lowood Sewage Treatment Plant. The works mark a major milestone in the $45 million project to upgrade the region’s sewerage system. Queensland Urban Utilities spokesperson, Michelle Cull, said nearly 7km of new pipeline had been laid alongside Forest Hill Fernvale Rd. Construction is now underway on the new treatment plant’s state-of-the-art membrane tank, which will purify the wastewater to the highest standards to protect the environment. Ms Cull said the $45 million Lowood-Fernvale sewer upgrade would double the capacity of the existing network, to cater for growth and development in Somerset. 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. Don't delay this opportunity, call me today

Features

850 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Lowood over the last 12 months, the estimated median property value of 27 Sea Eagle Drive is $632.5k.

Median value
$632.5k
Estimated value range
$430k - $750k
Median days on market
40
Estimated value trend
81%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lowood. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 27 Sea Eagle Drive

2024
Sold
Undisclosed
13 Nov 2024 by Marlene Millers, of Oxbridge Australia - QLD
2020
Sold
$90,000
Private Sale/Treaty on 17 Jan 2020 by Marlene Millers, of Atlantic Real Estate
2019
Sold
Undisclosed
21 Dec 2019 by Marlene Millers, of Oxbridge Australia - QLD

Happy sellers in Lowood

90%
90% of sellers in Lowood reported that their sale price either exceeded or met their price expectations.

Lowood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Lowood over the last 12 months.

Local market activity for land plots in Lowood

In the last 12 months, 4 land plots similar to 27 Sea Eagle Drive, have been sold.

This represents a 43% increase in land plots sales when compared to the previous 12 months.

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