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.
$1,600,000
Last sold
5 Dec 2025
3
Bedrooms
2
Bathrooms
6
Car spaces
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
$1,600,000
5 Dec 2025 · derived via latest_sale
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
+17.2%
Median sale
Suburb $1,365,000
-0.41 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.
Planning
Planning scheme
Logan Planning Scheme 2015
Zone
Low-Medium Density Residential
Low-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 Low-Medium Density Residential (Logan Planning Scheme 2015). Official parcel area about 1,382 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 Low-Medium Density Residential (Logan Planning Scheme 2015). Official parcel area about 1,382 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.
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 1,382 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.
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 Belle Property RochedalePositioned in one of the area's most desirable and well-connected locations, this expansive 1,376sqm property presents an outstanding opportunity for developers, investors, homebuyers, or those looking to land bank for the future. Zoned for Low to Medium Density Residential use (STCA), it offers excellent potential for a boutique townhouse or unit development, while also appealing to those seeking a spacious family home and renovation upside. Whether you're planning an immediate project or securing a prime site for long-term growth, this property delivers exceptional value and flexibility in a high-demand area.
This classic tri-level brick residence stands proud on a wide street, surrounded by quality homes and established gardens. The home is ready to enjoy as is, yet also invites updates or transformation to suit your vision.
Inside, the upper level features a generous open-plan lounge and dining area with polished timber floors and a leafy outlook. The functional kitchen offers ample bench space and cabinetry, with easy access to the covered rear deck – a perfect space for relaxed outdoor living.
Three large bedrooms with built-in wardrobes are serviced by a family bathroom with separate shower, bathtub, and toilet. Downstairs, a flexible lower level includes three multipurpose rooms (two with built-ins), ideal for extended family, home office or dual-living arrangement. A second bathroom, separate toilet, and large laundry complete the space.
The huge backyard is private, level, and fully fenced, with mature landscaping and a large storage shed – offering plenty of space for kids, pets, or development (STCA).
Key features:
* Zoning for Low–Medium Density Residential Development: Ideal for developers seeking to build townhouses, duplexes, or multi-unit dwellings (subject to council approval), this zoning supports increased residential density in a well-connected area.
* Perfect for Boutique Development or Land-Banking: Whether you're looking to capitalise immediately on development potential or secure a prime parcel of land for future appreciation, this property caters to a wide range of investment strategies.
* Classic Tri-Level Brick Home with Renovation Potential: The existing dwelling offers generous proportions across all levels, providing a solid base for renovation or redesign to suit modern living.
* Spacious Covered Rear Deck and Expansive Backyard: Enjoy year-round entertaining on the covered deck overlooking a large, level backyard-ideal for families, pets, or future development access.
* Ample Storage and Ceiling Fans Throughout: Functional features like built-in storage spaces and ceiling fans enhance everyday comfort and liveability.
* Excellent Street Frontage in a Premium Location: Boasting a wide and appealing frontage, the property offers strong street presence in a highly desirable suburb, enhancing both development potential and future resale value.
Prime Location:
* Minutes to Underwood Marketplace Shopping Centre
* Close to quality local schools and early learning centres
* Less than 25 minutes to Brisbane CBD and under 10 minutes to Westfield Garden City
* Quick access to the M1 and M3 for effortless travel to Brisbane, the Gold Coast, and beyond-plus public transport
* Just steps away with nearby bus stops and new bus way station for added convenience
Enjoy the convenience of being just minutes to the Pacific and Gateway Motorways, offering seamless access to Brisbane CBD, Gold Coast, and Brisbane Airport. Underwood Marketplace, local cafes, parks, and public transport are all nearby. School catchments include Eight Mile Plains State School and Rochedale State High School, with top-tier private options such as Redeemer Lutheran College also within easy reach.
Rarely do properties of this size and zoning become available in such a prime setting. Whether you're looking to develop, renovate, or simply secure a blue-chip piece of real estate, this is the one.
DISCLAIMER: In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own counsel and financial inquiries to verify any information contained herein.
This property is being sold without a price; therefore, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
The furniture and décor seen in the images may be virtual representations, intended to provide a visual example of the property's possibilities. Actual conditions may vary.
Listing description written by Mani Ghai, Belle Property Rochedale — reproduced as published, not verified by Districts.