Underwood at a glance
7,651
People
$1,365,000
Median sale
$727/wk
Median rent
2.77%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
$486,000
Last sold
16 Dec 2020
3
Bedrooms
2
Bathrooms
2
Car spaces
632 m²
Land
94 m²
Building
Districts View
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
$486,000
16 Dec 2020 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Underwood (last 5 years) with land size have a median of $1,686/m² of land (n=80). Districts calculation from recorded sales — not a valuation.
Underwood at a glance
7,651
People
$1,365,000
Median sale
$727/wk
Median rent
2.77%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Underwood
-64.4%
Median sale
Suburb $1,365,000
+5.01 pp
Gross yield
Suburb 2.77%
Suburb median $1,365,000 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Logan Planning Scheme 2015
Zone
Low-Medium Density Residential
Low-Medium Density Residential
Jurisdiction
Logan City Council
Logan, QLD
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
QLDZoned Low-Medium Density Residential (Logan Planning Scheme 2015). Official parcel area about 636 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low-Medium Density Residential (Logan Planning Scheme 2015). Official parcel area about 636 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 636 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
$1,365,000
Median sale
$727/wk
Median rent
2.77%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property RochedalePositioned within the sought-after suburb of Underwood is this beautifully renovated high-set family home on a generous 632sqm parcel of land. Offering plenty of space for families of all ages, with a lovely easy-living interior which spills out onto an expansive covered deck and entertainment area, overlooking a meticulously maintained backyard. Ideal for entertaining large numbers and completely secure, making it the perfect home for children and pets. The added advantage of Low-Medium Density Residential zoning opens doors for developers, homebuyers, and investors, promising long-term rewards. Positioned within the coveted Eight Mile Plains State School and Rochedale State High School catchments, and conveniently within close access to Rochedale Shopping Village and Underwood Marketplace.
* Flowing high-set design, beautifully appointed throughout this 3-bedroom family home
* Light-filled open plan living and dining with stunning hardwood timber flooring underfoot
* Well-appointed kitchen featuring stone benches & quality appliances including gas cooktop
* Three generous bedrooms each featuring split system air-conditioning, ceiling fans & built-in robes
* Modern main bathroom showcases a large open shower, double basin vanity & striking feather tile
* Impressive outdoor entertaining deck overlooking meticulously maintained backyard
* Spacious rumpus & second bathroom downstairs offers a versatile space, ideal for a home office or teenagers retreat
* Double lock up garage, garden shed for storage, & fully fenced yard on 632sqm land
* Low-Medium Density Residential Zoning presents a compelling opportunity for developers, homebuyers, & investors (STCA)
* In Eight Mile Plains SS & Rochedale SHS catchment, while nearby to esteemed private schools
* Within close reach of Rochedale Shopping Village, Underwood Marketplace, & M1 Motorway North & South bound
DISCLAIMER: In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own council and financial inquiries to verify any information contained herein.
This property is being sold without a price therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Mandeep Singh, Belle Property Rochedale — reproduced as published, not verified by Districts.