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 › Gunalda St
$919,000
For sale
Asking
3
Bedrooms
1
Bathrooms
2
Car spaces
614 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
$919,000
Asking · $1,497/m² of land
No recorded sale for this property.
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.
Vs Underwood
-32.7%
Median sale
Suburb $1,365,000
+1.34 pp
Gross yield
Suburb 2.77%
Suburb median $1,365,000 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$41,773 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Underwood's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 4.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Invest & Co BrisbaneTucked away on a generous 614m² block, 18 Gunalda Street occupies arguably one of the best positions in the pocket, in one of Underwood's most convenient locations. This solid lowset brick home is brimming with potential and ready for its next chapter.
Step inside and you're greeted by a light-filled open-plan living and dining area crowned by striking cathedral ceilings with exposed timber beams — a feature that gives the home genuine character and a real sense of space. The layout flows effortlessly out to a covered patio and a wonderfully large, level backyard, perfect for kids, pets, weekend entertaining, or simply soaking up the Queensland outdoors.
The functional kitchen sits at the heart of the home, overlooking the living zone and offering plenty of scope to update and make your own. Three well-proportioned bedrooms — two with built-in wardrobes — provide comfortable accommodation, served by a family bathroom with a separate shower and bathtub, plus the added convenience of a separate toilet.
A rare opportunity — whichever path you choose:
This is a property that rewards vision. It's ideally suited to:
The knock-down rebuilder — a level 614m² block on the best position in the street is the ideal canvas to design and build your dream home from the ground up.
The serious renovator — solid brick bones and a functional floorplan mean you can add real value, with the large, level backyard offering genuine potential for a granny flat (STCA) to boost income or accommodate extended family.
The budget-conscious buyer ready to enter the market — get a foothold in a fantastic, tightly held location without stretching too far, and let time and location do the rest.
First-home buyer, astute investor, or renovator ready to roll up your sleeves — this home delivers on both lifestyle and opportunity.
Features you'll love:
3 bedrooms — 2 with built-in wardrobes
Open-plan living & dining with cathedral ceilings and exposed timber beams
Separate shower & bathtub, plus separate toilet
Single lock-up garage with internal access
Covered patio overlooking a large, level yard
Handy garden shed for extra storage
Commanding position on the highest point of the street — quite possibly the best block on Gunalda Street
Generous 614m² block with room to grow — and scope for a granny flat (STCA)
Perfectly positioned:
Quick, easy access to the Pacific Motorway (M1)
Walk to Underwood Marketplace / Market Square
Just a 5-minute walk to the local library and community swimming pool
Moments to Lions Sports Club
Close to Kuraby Train Station, Springwood schools, shops & dining
Sunnybank Plaza and major retail just a short drive away
Homes of this calibre, in a location this convenient, on a block this size, simply don't last long. With the flexibility to rebuild, renovate, or simply move in and add value over time, opportunities like this are rare. Get in touch today to arrange your inspection.
Bill Zhang
📞 0449 071 984
✉️ bill@investandco.com.au
Listing description written by Bill Zhang, Invest & Co Brisbane — reproduced as published, not verified by Districts.