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.
For sale
For sale
3
Bedrooms
2
Bathrooms
4
Car spaces
1,201 m²
Land
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
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 Ray White RochedaleOpportunities like this are becoming increasingly rare. Set on a substantial 1,200sqm parcel in one of Underwood's most convenient and tightly held pockets, 13 Sylvia Street is all about land, flexibility and future upside. With an easy dual-living conversion (2 added rooms downstairs) and plenty of room to add multiple dwellings or subdivide (STCA), homes like this are rarely offered to the market.
Whether you're a developer searching for your next project, an investor looking to land bank in a proven growth corridor, or a buyer wanting space that simply no longer exists in newer estates, this property delivers on all fronts. With new homes, increasingly in demand after the federal budget, this one is an investor's heaven and homeowners best bet in this market!
Make an offer link: https://form.jotform.com/230400470671445
Download Building & Pest Report: https://beforeyoubuy.com.au/reports/13-sylvia-street-underwood-qld-4119/building-pest
The value here is undeniable. A block of this size opens the door to multiple possibilities, including subdivision potential (STCA), redevelopment, or creating a large-scale family residence with room to grow. With surrounding infrastructure, strong demand and ongoing development across the area, this is the type of opportunity that continues to become harder to secure.
The existing home provides immediate usability, allowing you to move in or lease out while you plan your next move. Functional in its layout, it offers comfortable living with light-filled spaces, a practical kitchen and easy access to the expansive backyard. It's the ideal holding position while you unlock the full potential of the site.
Step outside and the scale of the block becomes clear. This is where the opportunity truly lies. Wide, usable land with plenty of space to work with, whether you're considering development, extension, or simply enjoying the space for years to come.
Property Features
• Expansive 1,200sqm block with strong immediate potential
• 1x2-1x3 Subdivision potential (STCA)
• Useable area on the land is all elevated, easy to build
• Dual living potential, already two added rooms downstairs
• Both side accesses for multi-dwelling or parking boat, caravans etc
• Wide frontage offering flexibility for future plans
• Large in-ground swimming pool
• Three well-sized bedrooms
• Spacious & Functional bathroom with separate toilet
• Separate living and dining areas
• Practical kitchen with ample storage
• Covered outdoor area with multiple entertainment areas
• Fully fenced and gated
• Large, usable backyard with significant scope
• Ample off-street parking
• Suitable to live in, lease out or redevelop (STCA)
Property Highlights
• Rare large landholding in a high-demand location
• Subdivision and development potential (STCA)
• Ideal for land banking with strong long-term upside
• Existing home provides immediate rental income opportunity
• Versatile opportunity appealing to developers, investors and families
Location Highlights
• Quiet street in a well-established Underwood pocket
• Minutes to major shopping centres and everyday amenities
• Easy access to Pacific and Gateway Motorways
• Convenient commute to Brisbane CBD and Gold Coast
• Close to schools, parks and public transport options
• A Rare Land Opportunity with Real Upside
In a market where large blocks are disappearing fast, properties like this stand out for all the right reasons. With size, location and potential all working in your favour, 13 Sylvia Street is a smart acquisition with multiple exit strategies.
Secure it now, plan your next move, and capitalise on the long-term growth this location continues to offer.
Contact Team Syed Ali today at 0416 498 295 to arrange a private inspection or to register your interest.
"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.