Underwood at a glance
7,651
People
$1,350,000
Median sale
$727/wk
Median rent
2.80%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
$1,420,000
Last sold
9 Dec 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
700 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,420,000
9 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Underwood (last 5 years) with land size have a median of $1,680/m² of land (n=79). Districts calculation from recorded sales — not a valuation.
Underwood at a glance
7,651
People
$1,350,000
Median sale
$727/wk
Median rent
2.80%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Vs Underwood
+5.2%
Median sale
Suburb $1,350,000
-0.14 pp
Gross yield
Suburb 2.80%
Suburb median $1,350,000 from 41 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $727/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Underwood at a glance
7,651
People
$1,350,000
Median sale
$727/wk
Median rent
2.80%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White RochedalePositioned proudly on a generous 700 m² corner block, this striking low-set home combines modern design, luxurious finishes, and family-friendly functionality - delivering the complete Underwood lifestyle package.
Behind its flawless street appeal lies a thoughtfully designed layout boasting four spacious bedrooms, two designer bathrooms, and expansive open-plan living zones that connect effortlessly to a massive alfresco entertaining area. Every inch of the home reflects quality from the fully renovated bathrooms with stone finishes and matte-black fittings, to the refreshed interiors that capture light and space in perfect harmony.
The heart of the home is the gourmet kitchen, overlooking both indoor and outdoor dining areas, ideal for family gatherings or entertaining friends in style. A private master suite offers a generous walk-in robe and sleek ensuite, creating a true parents' retreat.
Outside, the large backyard, dual-street frontage, and immaculate landscaping amplify privacy and curb appeal, while the double garage plus extra off-street parking make everyday living effortless.
Nestled in one of Underwood's most tightly held pockets, moments from parks, major retail, schools, and transport links, this residence promises both lifestyle and long-term growth.
Key Highlights:
- 700 m² elevated corner block in a quiet cul-de-sac
- Four bedrooms | Two luxury bathrooms | Double garage
- Large multiple living and lounge rooms - perfect for family living
- Modern kitchen with quality appliances, sleek cabinetry & generous bench space
- Expansive covered alfresco + landscaped backyard
- Stylish renovated bathrooms with premium finishes
- Modern open-plan design and multiple living zones
- Modern tiles throughout
- Double garage with internal access plus additional storage
- Solar power system
Location Highlights:
• Minutes to Underwood Marketplace & Springwood Shopping Mall
• Public transport just steps away, including nearby bus stops and a new busway station for added convenience
• Direct bicycle lane access to the Rochedale Bus Depot makes commuting easy
• Easy connectivity to major motorways, CBD, and surrounding hubs
• Convenient access to schools, shops, public transport, and major roads; just 15-20 minutes from Brisbane CBD and close to the Gold Coast.
This property represents one of Underwood's finest opportunities - whether you're looking for a spacious family home, a land bank, or a prime development site.
Contact Syed Ali @04165 498 295 or Serena Garcia @0409 455 287 to register your interest or to book a private inspection.
"RAY WHITE ROCHEDALE has taken all reasonable steps to ensure that the information contained 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 enquiries to verify the information contained in this advertisement.
We encourage all buyers to do their own feasibility study as we will only provide the one we have from the vendors.''
Listing description written by Syed Ali, Ray White Rochedale — reproduced as published, not verified by Districts.