5 Mallard Street House and Land
Lowood is a rural town and locality in the Somerset Region, located approximately 66 km west of Brisbane and 31 km north of Ipswich. As of the 2021 census, it had a population of around 4,082 people. It has become increasingly popular with those seeking a semi-rural lifestyle while remaining within commuting distance of larger urban centres.
Housing demand in Lowood has surged in recent years. The median house price is about $610,000, reflecting a 19% increase over the past year. Approximately 99 houses were sold within that period, with a median time on market of 24 days and a rental yield of 4.8%. Units have a median price of around $490,000, with capital growth of 28%, though fewer units are available. Median weekly rents for houses sit at around $520 (yielding 4.8%), while units rent for about $470 (yielding 4.2%).
The suburb supports a diverse demographic, including families, professionals, and retirees. The dominant age groups are children (0–9) and adults in their 40s. Around 37% of residents rent, with most living in detached homes. Median household income is modest—roughly $950 to $1,100 per week—and the vast majority of residents (97%) commute by car.
Crime rates in Lowood are moderate, with a total of approximately 82 incidents per 1,000 people—slightly below the Queensland average. The chance of experiencing violent crime is about 1 in 117, and property crime around 1 in 23.
Transport is mainly car-based, as there is no active train line directly servicing the suburb. However, bus services along the Brisbane Valley Rail Trail provide connections to Ipswich and surrounding areas.
Education in Lowood is served by Lowood State School for primary education and Lowood State High School for Years 7–12. The high school also functions as a designated community flood refuge.
Local amenities include a supermarket, medical and legal services, post office, aged care facilities, pubs, bowls and golf clubs, a library, SES and police stations, a hardware store, petrol stations, and various places of worship. Residents also enjoy outdoor activities near the Brisbane River, Lake Wivenhoe, and the Brisbane Valley Rail Trail.
Community feedback describes Lowood as a quiet, semi-rural, family-friendly area with a strong sense of community. While it may lack some of the vibrancy of nearby Fernvale, many appreciate its charm, affordability, and spacious surroundings.
In summary, Lowood offers solid capital and rental growth, good educational options, a relaxed country lifestyle, and reasonable access to urban centres. It’s well-suited for those looking for affordable semi-rural living, though its moderate crime rates and car dependence are important considerations.
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Do I Qualify?
Eligibility Criteria
The Following Eligibility Criteria Will Apply
- Available for ‘Brand New’ purchases only; including townhouses, apartments & freestanding houses
- Purchase must be made through one of FHBA’s partner’s or a new property provider approved by FHBA
- Your ‘first home loan’ must be arranged through FHBA Mortgages (exceptions may apply)
- The FHBA 50 Rebate is paid in addition to your State’s First Home Owners Grant & Stamp Duty concessions
- Complimentary Insurance Consultation with FHBA Protect to ensure you are protected
- You must agree to the full terms and conditions outlined in our client agreement new homes service before buying
How much is it?
Eligible FHBA first home buyer clients will be entitled to a 50% cash rebate on the total referral fees paid to FHBA (FHBA Pty Limited) from the new home provider you proceed with (should FHBA have a referral agreement with the provider)
The FHBA 50 Rebate will typically range from $2,500 to $12,000 depending on factors such as the property type, property location and property builder.
The rebate will be paid after the full referral fees are received by FHBA from the new homes provider first
Eligible Properties
To be eligible, the property must be from an FHBA new homes provider partner or approved by FHBA first
- House & Land
- Apartment
- Townhouse / Unit
- Display Homes
- Dual Living
- Dual Occupancy
- Duplex
- Studio
Example
A first home buyer couple meet an FHBA Coach and tell the Coach about their desired property. After working out their budget, the Coach show’s them a range of properties from FHBA’s New Homes partners. The QLD couple are interested in a house & land package through an FHBA partnered builder. The builder completes the sale with the client including some custom inclusions. The builder pay’s FHBA an agreed referral fee of $15,000.” “The couple will be entitled to the following government grant and incentives:
| Incentive Type | Amount |
|---|---|
| QLD Govt. FHOG Grant (2016/17 FY) | $20,000 |
| Stamp Duty Payable | NIL |
| FHBA 50 Rebate (50% of $15,000) | $7,500 |
| Total $ Incentives | 27,500 |
Please note that the FHOG and incentives are subject to change.
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- Disclaimer: The exact location of the property may not be accurately shown on the map as in some cases the property suburb only has been picked. Any address can be provided upon enquiry. Please consider this when using the map and the Travel Time Estimator above.
Nearby Properties
Properties located within a 50-kilometer radius of the current property.
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