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QLD › Underwood › The Cres

27 The Cres, Underwood QLD 4119

House

$2,700,000

Last sold

27 June 2026

5

Bedrooms

3

Bathrooms

3

Car spaces

957 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,700,000 (27 June 2026).(Recorded sale)
  • FactLand 957 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Underwood (last 5 years) with land size: median $1,680/m² of land (n=79). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,700,000

27 June 2026 · derived via latest_sale

Local land rate: recorded House sales in Underwood (last 5 years) with land size have a median of $1,680/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.

See the full Underwood report →

Vs Underwood

+97.8%

Median sale

Suburb $1,365,000

-1.37 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$2,700,00027 June 2026
  2. Listedprice unknowncompleted25 June 2026
  3. Soldprice unknown27 May 2025
  4. Listedprice unknowncompleted2 May 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Underwood in one glance

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.

See the full Underwood report →

Keep researching

  • Why Underwood? Read the area thesis →
  • What else is on the market in Underwood →
  • Other records on The Cres →

Listing material

Listed by Ray White Rochedale

Coastal Elegance Meets Exceptional Living

AUCTION DETAILS: Hosted on-site on Saturday, 24th of May. Doors open at 11:30am with Auction at 12pm. Offers are welcomed and will be seriously considered by the motivated sellers prior to Auction.

Some homes simply must be experienced to be truly appreciated-27 The Crescent is one of them.

Exuding elevated coastal charm in one of the area's most coveted pockets, this residence has been thoughtfully designed with lifestyle and entertaining at its core.

Read the full description

From the moment you step inside, you'll sense the understated elegance that defines every corner. Quality finishes and refined textures work in harmony to deliver a luxurious feel that's warm, welcoming, and effortlessly sophisticated.

With motivated sellers ready to begin their next chapter, homes of this calibre are a rare offering. Miss this, and who knows when you'll find another like it.

Set on a sprawling corner allotment of 957m2, privacy and style unite. Beyond secure gates, manicured lawns and lush, landscaped gardens set the stage for the brilliance that awaits within.

Every inch of the home is tailored to elevate daily living and offer an exceptional backdrop for entertaining. A fresh, light-filled palette is accentuated by natural sunlight and premium designer touches, striking the ideal balance between comfort and luxury.

The lower level boasts a spacious bedroom and full bathroom-ideal for guests or multigenerational living-alongside three generous living zones. A formal lounge with a cozy wood-burning fireplace welcomes you at the entry, while a separate rumpus seamlessly extends to the alfresco. At the heart of it all is the open-plan living and dining area.

Anchoring the space is a show-stopping gourmet kitchen. Waterfall-edge stone benches, pendant lighting, sleek cabinetry with Hamptons-style charm, and top-tier appliances make for an indulgent culinary experience. A generous walk-in pantry, styled to perfection, completes the space.

Step outside and you're transported to a private resort. The stunning alfresco features sandstone flooring, vaulted ceilings, an outdoor fireplace, and a fully equipped kitchenette-perfect for year-round entertaining. From here, take in serene views across the lush lawns, forest backdrop, and sparkling salt-water pool with its tranquil water feature.

Upstairs, the home continues to impress. A retreat area invites quiet moments of relaxation, while each bedroom offers plush carpets, built-in robes, quality window furnishings, and air-conditioning. The master suite is a true sanctuary, complete with a walk-through robe and a decadent ensuite featuring a freestanding bathtub beneath a statement chandelier, a spacious shower with premium tapware, and a luxurious dual vanity.

Features Include:

• Quality McCarthy homes build with a tastefully renovated interior

• Sprawling corner block of 957m2, gated and fenced for your privacy

• Ducted airconditioning and vacuum aide

• Optimum security system, including alarm and cameras

• 5kw 20 panel solar system for a significant impact on electricity bills

• Overlooks bushland reserve with walking tracks

• Side access - room for caravan, trailer or boat

• Large 3.5m x 6m powered shed (3.5m height)

• Smart wiring throughout with data points to all rooms

• Dedicated laundry with luxe finishes

Enjoy a sanctuary of refined elegance and effortless entertaining-27 The Crescent is a rare offering that blends luxury, warmth, and resort-style living in one of the area's most sought-after locations.

All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties should rely solely on their own enquiries.

Listing description written by Zishaan Omar, Ray White Rochedale — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.