2/49 Peregrine Drive, Lowood QLD 4311

2/49 Peregrine Drive, Lowood QLD 4311
4-bed unit on compact 165m² lot | last sold 2019 | mid-$700k off-market range | family-friendly Lowood pocket What is competitively strong here is the four-bedroom configuration in a unit format, which is unusual in Lowood and gives this property a rare edge for small families or investors targeting larger rental households. The compact 165m² lot means minimal upkeep, which appeals to buyers trading space for convenience. Its location on Peregrine Drive places it within a small estate-style setting that mixes unit and detached housing, so the neighbourhood feels established rather than transient. This property suits buyers who want four bedrooms without the land burden of a standalone house, or investors seeking a low-maintenance rental with family appeal. The value may be shaped by how the attached dwelling format compares to nearby detached houses, since buyers often pay a premium for land. The 2019 sale date means the property has likely seen some market growth, but without knowing the build year or finishes, its condition relative to newer stock could affect price expectations. The small lot also limits expansion potential, which might cap long-term capital growth. Buyers should weigh whether the internal space at 124m² feels adequate for a four-bedroom layout, as that ratio could influence both livability and resale appeal.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/49 Peregrine Drive, Lowood QLD 4311
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Market Insight:

Lowood’s market is defined by rapid house price growth, with median values between $679,000 and $707,500 and annual growth exceeding 23%. Demand is driven by young families, evidenced by a predominant 0-19 age demographic and strong sales volume of 96 houses annually. Houses sell briskly, averaging 20-40 days on market. Future growth is supported by this sustained buyer activity, though a historical population decline of -1.85% presents a key demographic constraint to monitor.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

160m²

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