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.
$1,150,000
Last sold
23 Dec 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
761 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
Last sold
$1,150,000
23 Dec 2025 · 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
-15.8%
Median sale
Suburb $1,365,000
+0.52 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 Belle Property RochedaleSet on a generous block in a peaceful pocket of Underwood, 27 Diana Street is a thoughtfully designed home that combines comfort, natural light, and modern functionality. With a bright open-plan layout and multiple indoor-outdoor living zones, this property is perfect for growing families, first-home buyers, or savvy investors seeking exceptional value.
Inside, you'll find a light-filled living area with air-conditioning that flows seamlessly into the stylish, modern kitchen. Featuring ample bench space, quality appliances, and abundant storage, the kitchen serves as the true heart of the home - practical, elegant, and ready for entertaining.
The home offers three generous bedrooms, each with built-in wardrobes and large windows to capture natural light and cooling breezes. Two bedrooms feature ceiling fans, while the modern bathroom boasts quality fittings and a beautiful bathtub with overhead shower.
Downstairs, the spacious rumpus rooms provides endless flexibility - ideal as a second living space, home office, games room, or entertainment zone. With an additional toilet, laundry, and direct access to the backyard, this level enhances both convenience and lifestyle.
Outdoor living is equally inviting, with a sunny front deck and a breezy rear deck perfect for relaxing or hosting guests. The expansive backyard offers plenty of room for kids, pets, or potential landscaping projects - with scope to add a granny flat (STCA). Additional features include a covered patio area, garden shed, solar panels for energy efficiency, and ample parking with a double garage, two driveway spaces, and extra off-street options.
Key Features:
* Set on a spacious 761sqm block in a quiet, family-friendly street
* Bright open-plan living area with air-conditioning and plenty of natural light
* Practical kitchen with ample bench space and storage
* Three generous bedrooms, all with built-in wardrobes (two with ceiling fans)
* Neat and tidy bathroom with shower-over-bath
* Large downstairs rumpus rooms, perfect for a second living area, home office, or kids' retreat
* Additional toilet and laundry downstairs for everyday convenience
* Front and rear decks ideal for entertaining or relaxing outdoors
* Expansive backyard with loads of space for kids, pets, or future landscaping
* Potential to add a granny flat (STCA) for extra income or extended family living
* Solar panels for energy efficiency and reduced bills
* Double garage, driveway parking, and plenty of off-street space
* Covered patio and garden shed for extra storage and functionality
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 15 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
* Surrounded by parks, walkways, and green spaces
School Catchments:
* Eight Mile Plains State School
* Rochedale State High School
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.