Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Wakerley › Underwood St

12 Underwood St, Wakerley QLD 4154

House

$1,660,000

Last sold

22 Sept 2025

4

Bedrooms

3

Bathrooms

4

Car spaces

1,394 m²

Land

220 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,660,000 (22 Sept 2025).(Recorded sale)
  • CalculationLand 1,394 m² against a 220 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Wakerley (last 5 years) with land size: median $2,289/m² of land (n=116). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,660,000

22 Sept 2025 · derived via latest_sale

Local land rate: recorded House sales in Wakerley (last 5 years) with land size have a median of $2,289/m² of land (n=116). Districts calculation from recorded sales — not a valuation.

Wakerley at a glance

9,118

People

$1,660,000

Median sale

$870/wk

Median rent

2.73%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Wakerley report →

Vs Wakerley

0.0%

Median sale

Suburb $1,660,000

0.00 pp

Gross yield

Suburb 2.73%

Suburb median $1,660,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$1,660,00022 Sept 2025
  2. Listedprice unknowncompleted9 June 2025
  3. Listedprice unknowncompleted9 June 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $870/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Wakerley in one glance

Wakerley at a glance

9,118

People

$1,660,000

Median sale

$870/wk

Median rent

2.73%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Wakerley report →

Keep researching

  • Why Wakerley? Read the area thesis →
  • What else is on the market in Wakerley →
  • Other records on Underwood St →

Listing material

Listed by iSale Property

A Family Home that's Private, Spacious & Perfect for Entertaining!

SOLD BY LUCKY RAMYA TENNEKOON - TOP AGENT!

Tucked away in a quiet, leafy pocket of Wakerley, 12 Underwood Street is more than just a house - it’s a private family sanctuary cleverly designed to bring outdoors in, it combines the best of modern living and lifestyle with functionality.

Set on a generous 1,394m² block, this four-bedroom residence offers space, comfort, and convenience, all within short distance to shops, bus stops and schools. With multiple living areas, a sparkling pool, and a seamless indoor-outdoor flow, this home is perfect for entertaining and relaxed family living.

Read the full description

Stepping inside, you’ll immediately notice the sense of privacy and tranquillity, with lovely breezes filtering through the home. You will also be spoilt of choice with three more living areas allowing everyone space to relax, starting with the front entry which opens into an expansive, fully carpeted lounge room. The formal dining room and kitchen are both beautifully presented with modern tiles and both rooms provide access to the lovely private alfresco area - ideal for catching the morning sun.

In addition to fully ducted air conditioning, all four bedrooms are spacious and beautifully adapted with built-in cupboards and ceiling fans. The kids are well catered for with two bedrooms attached to a large media room, including built-in seats with storage.

The master suite is a private retreat with a ‘his and her’ walk-through robe, an ensuite featuring a walk-in shower and sliding doors allowing access directly to the back deck. The main bathroom also includes a walk-in shower, bath and a generously sized vanity.

At the heart of the home, the spacious kitchen connects to the dining area and an additional family space or office — perfect for working from home. Featuring ample storage and quality appliances, the kitchen is designed for both practicality and entertainment. This property also includes a separate laundry with direct access to the massive deck at the back.

Designed for year-round enjoyment, the massive deck at the back of the house features an outdoor lounge, side dining area & BBQ space making it an ideal spot for meals or unwinding with family and friends while the kids play. With easy access (steps) from the deck to the garden the deck is equipped with roller blinds to ease the sunlight in the summer. Looking for some extra bonus? Consider the colourful glimpses of the city views from the deck!

The magnificent outdoor spaces truly set this home apart. The deluxe vanishing point in-ground pool (with remote control LED lighting) is the centrepiece of the backyard, surrounded by established gardens and plenty of space for kids and pets to play.

A whopping blue scope steel shed, capable of running a substantial home business equipped with lighting. With space for up to 5 cars - plus storage - and three extra height roller doors a boat or van can be accommodated with ease.

KEY FEATURES at 12 Underwood Street:

- Private and peaceful 1,394m² block with a pool and multiple outdoor living spaces

- 2 living areas, dining, kitchen, 4 bedrooms, 3 bathrooms, Children’s retreat and laundry

- Built-in wardrobes

- Ducted air-conditioning (hot and cold) plus ceiling fans in all rooms

- New stove top and oven

- Full size hot water system

- 10 Panels with 2.5km solar power

- 3000ltr rainwater tanks

- 10m x 5m pool (remote control LED lighting)

- Colour bond 3 cars + workshop (15m x 7m x 3m)

- Aluminium garden shed 2.8m x 2.8m

- Loads of storage space

All this is just a short 25 min to the city & close to schools (Gumdale State and Brisbane Bayside State College), shops, day care and parks. Not forgetting amazing Moreton Bay, yacht clubs, cafes and markets. This property is simply amazing, and an absolute must see.

A rare combination of space, privacy, and lifestyle, 12 Underwood Street is perfect for families looking for a home that’s both functional and great for entertaining. Whether you’re hosting guests, enjoying the pool, or simply taking in the peaceful surroundings, this is a home you’ll love for years to come.

Please join us at the scheduled open house inspections and Lucky will be more than happy to discuss further details with you!

Property Code: 1283

Listing description written by Lucky Tennekoon, iSale Property — reproduced as published, not verified by Districts.

Property features

  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.