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.
QLD › Underwood › Belgrave St
For sale
For sale
3
Bedrooms
2
Bathrooms
2
Car spaces
607 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
Asking
No recorded sale price for this property yet.
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.
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
$1,365,000
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 in a sought-after pocket of Underwood, this impressive family residence seamlessly combines contemporary style, everyday comfort and exceptional versatility. Offering spacious interiors, quality finishes and the added benefit of a fully self-contained lower level, this home presents an outstanding opportunity for growing families, multi-generational living or those seeking additional flexibility, having been fully renovated throughout in 2023, with the self-contained lower level completed in 2025.
The main residence has been thoughtfully updated to a high standard, showcasing beautiful timber floorboards, a light-filled open-plan living and dining area, and a stylish modern kitchen with ample bench space and storage. Designed for comfortable family living, the home also features air conditioning to the main living area and master bedroom, built-in wardrobes throughout, a dedicated internal laundry, and a beautifully renovated main bathroom complete with a shower, illuminated mirror vanity and toilet. For added convenience, a second separate toilet is positioned adjacent to the main bathroom, making busy family living effortless.
Adding exceptional versatility, the fully self-contained lower level enjoys its own private entrance and has been renovated to the same high standard as the upstairs. Designed for independent living, it features an open-plan kitchen and dining area, two generous multipurpose rooms, a modern bathroom, its own dedicated laundry, and two air conditioning units. Whether accommodating extended family, teenagers, guests, working from home, or providing potential rental or dual living opportunities, this flexible space offers endless possibilities.
Outside, the home is complemented by a low-maintenance, partially fenced backyard and a remote-controlled single lock-up garage. Perfectly positioned close to quality schools, shopping centres, parks, public transport and major motorway access, this move-in-ready home delivers an exceptional lifestyle in one of Underwood's most convenient locations.
Conveniently positioned in the heart of Underwood, this home is just minutes from quality schools, local parks, public transport, Underwood Marketplace and Westfield Mt Gravatt. With easy access to the Pacific and Gateway Motorways, Brisbane CBD is approximately 25 minutes away, while the Gold Coast can be reached in around 45 minutes, offering the perfect balance of convenience, connectivity and lifestyle.
Key Features:
* Fully renovated throughout in 2023 with stylish, contemporary finishes and quality upgrades
* Self-contained lower level professionally renovated in 2025 with its own private entrance, ideal for dual living
* Spacious open-plan living and dining area filled with natural light
* Modern kitchen with ample bench space, storage and quality finishes
* Beautiful timber floorboards throughout the main residence
* Air-conditioned main living area and air-conditioned master bedroom
* Renovated main bathroom featuring a shower, illuminated mirror vanity and toilet, plus an additional separate toilet
* Built-in wardrobes to all bedrooms and a dedicated internal laundry servicing the main residence
* Self-contained lower level comprising an open-plan kitchen and dining area, two multipurpose rooms, modern bathroom, private laundry and two air conditioning units
* Remote-controlled single lock-up garage providing secure parking and additional storage
* Low-maintenance, partially fenced backyard
* Ideal for families, multi-generational living or buyers seeking exceptional dual living potential
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.
IMPORTANT NOTICE: The information provided in this property listing is intended as a general guide only. Any distances, travel times, or commute estimates provided are strictly subject to peak traffic, road works, and time-of-day variables. No guarantee or warranty is given as to the absolute accuracy of these figures, and interested parties should rely on their own investigations and inspections.
Listing description written by Mani Ghai, Belle Property Rochedale — reproduced as published, not verified by Districts.