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.
$1,170,000
Last sold
18 Apr 2024
6
Bedrooms
3
Bathrooms
5
Car spaces
916 m²
Land
430 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
$1,170,000
18 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Underwood (last 5 years) with land size have a median of $1,692/m² of land (n=79). Districts calculation from recorded sales — not a valuation.
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
-14.3%
Median sale
Suburb $1,365,000
+0.46 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 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 NGU Real Estate BrisbaneImmerse yourself in an exceptional and exceedingly rare real estate opportunity in the highly sought-after Brisbane South region.
This expansive and meticulously crafted property is perfectly designed for dual living or as a profitable rental/investment option. With completed levels 1 and 2 offering separate living spaces, this property provides unmatched versatility and functionality.
With a total of 6 bedrooms and 2 bathrooms, this property offers an impressive level of accommodation for residents. The lower level features a spacious 3-bedroom, 1-bathroom family home adorned with multiple living areas, including a dining and bar area. Upstairs, accessible through a separate entry, you'll find another 3-bedroom, 1-bathroom residence complete with its own kitchen, dining, and living areas. The separation of these living spaces ensures privacy and convenience for all occupants.
The desirable features continue outside, with the property offering a caravan carport and two large garages. One of these garages is an 8m x 8m structure equipped with a commercial-grade vehicle hoist and a mezzanine level, perfect for storing surplus belongings. Additionally, a separate 6m x 6m shed, internally connected to the larger garage shed, offers even more storage options. The convenience of automatic doors further adds to the allure of these facilities.
This property also provides a range of essential amenities. An additional toilet downstairs, a stairlift for elderly or disabled individuals to access the upper level, and an automatic gate entry to the main driveway enhance the comfort and accessibility of the property. A 5,000-litre water tank with an external-use pump ensures sufficient water supply, while a separate garden shed caters to the storage needs of lawnmowers and garden tools.
Additionally, this property boasts a 6.6 KW solar system, providing significant energy efficiency and cost savings. A renovation in the late 1999 or early 2000s has modernized the property, while a tin/metal roof and vinyl cladding contribute to its durability and visual appeal. The sheds are powered with their own circuit boards, although water is not available in these structures. The upstairs flooring consists of sheeted particle board, adding to the overall quality and design of the residence.
Situated on Harris Road, a peaceful cul-de-sac, this property offers tranquility and privacy. Its convenient location is further enhanced by its proximity to a council park, offering direct access to recreational spaces and nature.
For added comfort, the main bedroom and rumpus/living area downstairs are equipped with split system air conditioning, ensuring optimal temperature control throughout the year.
Don't miss out on this truly extraordinary property opportunity in Brisbane South. Whether you are seeking dual living arrangements or a lucrative rental/investment option, this expansive and thoughtfully designed residence is sure to surpass your expectations. Embrace the potential and unique features of this remarkable property by scheduling a viewing today.
Listing description written by Chris Foenander, NGU Real Estate Brisbane — reproduced as published, not verified by Districts.