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
1
Bathrooms
3
Car spaces
1,012 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
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 Tobin Real Estate Tobin Real EstateThe home is located on the service road known as Frankcom Drive. Enter via Frankcom Drive!
A solid family home with a great-sized block, great bones, and plenty of space to play is always a thrilling find for those looking to step into a popular pocket and climb their way up the property ladder. This is just the ticket - on a rambling 1012sqm parcel with a whopping 24 metre frontage, it's a terrific fit for buyers chasing the big block lifestyle, and while ready to enjoy today, there's also massive value-add potential to leverage.
It's a smart buy in every sense! Investment-wise, you've got an easy single level of living, a huge multi-use below, and loads of lawn in a market young couples, families, and home-based business owners all favour. This is an investors magnet with powerhouse landbank potential to sit on.
Bright and spacious, with plenty of space for everyone to stretch out, it's comfortably set up for family life to flourish. Feel-good interiors offer three beds with built-ins; a formal dining and lounge are anchored by the kitchen, while the adjoining sunroom provides an extra spot for play, study, lounging or working from home.
Vehicle access to the back of the block makes it easy to park boats, campers, and trailers - the sheltered deck above is softened by a lush green outlook, while the multi-use level is ready to mould to your needs - think potential gym, home business hub, extra break-out space, or volumes of storage. There's so much to work with here; easily modernize with a light, low-cost refresh, lean into its beautiful timber tones for a cool, 80's vibe, or let the built-in bar and seating be the inspiration for some vogue, mid-century modern magic.
A quick drive to Underwood Marketplace and Springwood Mall, you're mere minutes to just about everything. Kuraby train station and motorway links are both nearby, plus there's a melting pot of vibrant cuisines right on your doorstep.
At a glance:
- Council Rates approximately $1350.00 per quarter
- Rental appraisal approximately $750 - $800 per week
- Nestled back from the road, frontage on private resident's street
- Massive 1012sqm block; move in, land bank, invest!
- Move-in ready, huge potential to personalise, update & value-add
- Single level of living; 3 built-in beds, formal lounge + sunroom
- Whole-floor multi use below, easy scope to build in (STCA)
- Potential gym, business hub, or break out space below - Dual carports + vehicle access to rear yard
- Rising suburb - huge capital growth in the last 12 months
- Minutes to Underwood Marketplace & Springwood Mall
- Nearby motorway links to Brisbane, Logan Central & Gold Coast
This home offers wonderful opportunity for first home buyers, growing families or savvy investors. Come alon to one of our upcoming open homes or contact the agent, Craig Loudon, if you have any questions!
Listing description written by Craig Loudon, Tobin Real Estate Tobin Real Estate — reproduced as published, not verified by Districts.