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.
3
Bedrooms
2
Bathrooms
2
Car spaces
789 m²
Land
218 m²
Building
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
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 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 STRUD PropertyStep into charm, comfort, and future potential with this well-maintained highset home, set on a sprawling 789m² block in the heart of Underwood. With a functional layout, generous proportions, and scope to add your own personal touches, this property presents an outstanding opportunity for first-home buyers, young families, and savvy investors alike.
Upstairs, you'll find three spacious bedrooms, perfectly positioned to capture natural light and afternoon breezes. The master bedroom is equipped with air conditioning for year-round comfort, while the remaining bedrooms are serviced by a central family bathroom and separate toilet for added convenience. The light-filled living area features a ceiling fan and connects effortlessly to the front porch via external stairs—perfect for enjoying a morning coffee or catching up with friends in the fresh air.
At the heart of the home sits a practical kitchen, offering ample storage and bench space with a clear view to the backyard. From here, step out to the elevated back veranda—a peaceful retreat overlooking the generous yard, where you can watch the kids play or entertain guests in privacy and comfort.
Downstairs offers even more versatility, with a dedicated laundry, a second toilet and shower, and secure under-house storage. Whether you're looking to add a rumpus room, build in for dual living potential, or simply need extra space for a growing family, the groundwork is already in place.
The expansive backyard offers room for a pool, shed, or future extensions, while still providing plenty of space for pets and children to enjoy. The two-car accommodation adds further convenience, with ample room for vehicles, storage, or weekend toys.
Set in a family-friendly street surrounded by quality homes, this location offers the ideal blend of peace and accessibility. Just minutes from local shops, schools, public transport, and major motorways, everything you need is right at your fingertips.
For the investor, this property is currently vacant and has been rent appraised for $550 - $600 per week.
- 2 min drive to Underwood Marketplace Shopping Centre
- 5 min drive to Springwood Road State School & Springwood State High School
- 3 min drive to Kuraby Train Station for easy commuting
- 20 minutes to Brisbane CBD
- 5–7 min drive to Islamic College of Brisbane, Redeemer Lutheran College, and other private school options
- 10 minutes to Logan Hyperdome and major retail precincts
- Under 25 minutes to Brisbane Airport via Gateway Motorway
Overall, the home features 3 bedrooms, 1 bathroom & a 2-car accommodation; you can also expect the following throughout:
- Three generous bedrooms, master with air conditioning
- Central family bathroom upstairs with separate toilet
- Additional shower and toilet downstairs for added convenience
- Ceiling fan in the main living area
- Practical kitchen with direct access to the back veranda
- Internal and external stairs for flexible living arrangements
- Front porch and elevated rear deck overlooking the backyard
- Separate laundry and secure under-house storage
- Two-car accommodation
- Huge 789m² block with room to expand or add value
- Convenient location close to schools, shops, transport, and motorways
Whether you're looking to move in, rent out, or renovate, 20 Simon Street is full of potential and offers the lifestyle flexibility that's becoming harder to find. This is your chance to secure a fantastic property in one of Underwood's most well-connected neighbourhoods.
Disclaimer:
STRUD Property 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.
Listing description written by Tom Fox, STRUD Property — reproduced as published, not verified by Districts.