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 › Bernice Ave
4
Bedrooms
2
Bathrooms
2
Car spaces
809 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
Last sold
No recorded sale price for this property yet.
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
$1,350,000
Median sale
$727/wk
Median rent
2.80%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Logan Planning Scheme 2015
Zone
Medium Density Residential
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 Medium Density Residential (Logan Planning Scheme 2015). Official parcel area about 813 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 Medium Density Residential (Logan Planning Scheme 2015). Official parcel area about 813 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.
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 RE/MAX Results MorningsideThis property also presents a fantastic sit-and-hold investment opportunity. With strong rental demand in the Underwood area and continued infrastructure growth, investors can secure the site now and land bank for future development while benefiting from rental income in the meantime.
With DA approval already in place, future owners have the flexibility to build immediately or hold the site as the surrounding area continues to grow and appreciate in value.
Whether you're a developer ready to start construction or an investor looking to secure a strategic development site for the future, 15 Bernice Avenue offers rare flexibility in one of South East Queensland's fastest growing corridors.
Introducing 15 Bernice Avenue, Underwood, a developer's dream in a highly sought-after location. Positioned in a booming suburb, this land site offers unmatched potential, surrounded by ongoing and completed developments that are shaping the future of the area.
Welcome to a prime opportunity in the heart of Underwood-a suburb brimming with growth, connectivity, and development.
This land site at 15 Bernice Avenue has already a DA and ready to build 22 boutique apartments a mix of 9x 4 bedroom apartments, 6x 3 bedroom apartments & 7x 2 bedroom apartments with underground parking.
The investment potential of developments on Bernice Street, Underwood looks promising, given the area's ongoing growth and demand for residential properties. Here are some key factors to consider.
For all the plans and approval documents please call me to enquire and happy to share all the information.
Investment:
1. Strong Development Activity, This site has the work already done and ready to be built.
Multiple new residential projects are underway, including townhouses and apartment complexes.
The presence of social housing developments suggests government investment in infrastructure.
2. Zoning & Growth Potential
Properties in the area fall under Medium Density Residential zoning, allowing for multi-unit developments.
The proximity to Brisbane and Gold Coast makes it attractive for investors looking for rental yield and capital growth.
3. Market Trends & Demand
Recent sales indicate high demand for development sites, with properties selling at competitive prices.
The rental market is strong, with demand for modern apartments and townhouses increasing.
4. Infrastructure & Amenities
Close to major transport links, including the M1 Motorway and Springwood Busway.
Nearby shopping centres, schools, and employment hubs enhance the area's liveability.
Located within the Greater Springwood Masterplan, 15 Bernice is situated in one of the most significant growth corridors in Australia and allows you to live connected to the entire South East.
19 minutes to Brisbane CBD
300m walk to transport hubs
Easy access to major arterial roads
10 minutes to Logan Hyperdome
10 minutes to Westfield Shopping Centre
10 minutes to Griffith University
Coffee shop across the road
20 minutes to Brisbane airport
Located close to a number of independent and public schools
Why Underwood?
Underwood is a thriving hub with exceptional infrastructure and amenities:
**Transport Connectivity**: Seamless access to Brisbane via the Pacific Motorway and Gateway Motorway ensures convenience for commuters and businesses alike.
**Education**: Proximity to quality schools and educational institutions makes it a family-friendly destination.
**Healthcare**: Logan Hospital, a leading healthcare facility, is just a short drive away.
**Amenities**: Shopping centers, parks, and recreational facilities enrich the lifestyle of residents.
**Development Boom**: The area is witnessing a surge in modern developments, attracting investors and homeowners.
Are you ready to turn potential into reality? Let's make 15 Bernice Avenue your next success story!
Call Mario on 0421 236 859 to discuss further.
Listing description written by Mario Economou, RE/MAX Results Morningside — reproduced as published, not verified by Districts.
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 813 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.