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.
QLD › Underwood › Eleanor Ave
$1,440,000
Last sold
2 June 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
857 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
$1,440,000
2 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Underwood (last 5 years) with land size have a median of $1,692/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
+6.7%
Median sale
Suburb $1,350,000
-0.17 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 Tobin Real Estate Tobin Real EstateSold at Auction!
Auction: 2.00pm Saturday 31 May on-site
Deposit: $10,000 on auction day then 5% of the purchase price by Monday 2 June
Settlement: 30 days from auction day
Within one of the South's hottest pockets, minutes from the Springwood Mall and M1 links to the Brisbane and Gold Coast CBD, is this single level brick home, on a near laser-level 857m2 of Medium-Residential (MDR) zoned land. It's this land, specifically its location, size, and zoning that make this property such a cracking piece of real estate.
With many of its neighbours snapped up and transformed, the incredible opportunity here is to procure a substantial, extremely workable parcel of land, fully capitalise on its potential, and make way for a multi-dwelling complex in an area that has experienced both considerable recent investment and long-standing growth (STCA).
Approach it as a potential goldmine, live in and land bank, or easily lease out the three bedroom home while you explore the full breadth of opportunity, secure in the knowledge that your capital investment will be highly rewarded. Whatever your timeline or ambitions may be, you simply can't go wrong here.
The location is outstanding. Within 20km from the CBD, this exciting property sits within steps of grocers, gyms, specialty retail, and restaurants at Springwood Mall, and with Underwood Marketplace quite literally around the corner, there's almost endless shopping and dining options nearby. Steps from express CBD buses, it's located for a seamless weekday commute, and with a proposed metro line for Springwood included in a multi-million dollar transport upgrade, getting around is only going to get that much easier.
At a glance:
- Near-level 857m2 parcel, zoned MDR allowing multi-dwelling development (STCA)
- Lot dimensions approx. 21m frontage x 40m deep
- 3 bed brick residence - live in or lease out while plans are drawn
- Extremely popular pocket with new unit & townhouse developments
- Walk to express CBD buses, near-instant access to M1 motorway
- Stroll to Springwood Mall gyms, grocers, dining, specialty retail
- Close access to Kuraby train station & proposed Springwood Metro line
- Swift access to Logan Hospital, Griffith University & Tafe QLD campuses
Opportunities of this kind are very rare. Come along to one of our upcoming open homes or contact the agent, Craig Loudon, if you have any questions.
Disclaimer: Any information provided has not been verified. We recommend that you confirm the accuracy of details before entering into a contract. Tobin Real Estate and its employees cannot be held responsible for any inaccurate details supplied here.
Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Craig Loudon, Tobin Real Estate Tobin Real Estate — reproduced as published, not verified by Districts.