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.
$898,000
Last sold
23 Apr 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
659 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
$898,000
23 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
$1,350,000
Median sale
$727/wk
Median rent
2.80%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Vs Underwood
-33.5%
Median sale
Suburb $1,350,000
+1.41 pp
Gross yield
Suburb 2.80%
Suburb median $1,350,000 from 41 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
$1,350,000
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 For Sale By OwnerThe Phone Code for this property is: 59900. Please quote this number when phoning or texting.
Discover your dream home where two self-contained levels provide ample space for your family's needs. With two expansive decks, enjoy morning coffees overlooking lush forest gardens or relax at twilight with a soak in the outdoor spa bath.
Upstairs, stylish renovations adorn three light-filled bedrooms and an expansive open-plan layout encompassing the dining, kitchen, and lounge areas. Downstairs boasts two additional rooms, a rumpus area, and a full kitchen, ideal for guests, a growing family, or multi-generational living.
Entertain effortlessly with multiple outdoor dining areas, a custom-built half basketball court, and a playground for endless fun.
Stay comfortable year-round with split cycle air conditioning throughout, while the 6.6-kilowatt solar power system maximises energy efficiency.
Convenient side street access on Frankcom Drive ensures easy commuting, with major highways just minutes away. Only a 20-minute drive north to Brisbane City and 30-minutes south to the Gold Coast's Dreamworld.
We have lovingly designed and continuously renovated our sanctuary over nearly 15 years and we're moving to our next home, ready to pass on the warmth and charm of this cherished space to its next family.
Key Features:
Upstairs
- 3 bedrooms
- 1 Bathroom
- Separate Toilet
- Open plan kitchen, dining, and lounge
- Large deck with built-in outdoor spa bath
- Solar Power
- Air conditioning
- Filtered Water
Downstairs
- Additional 2 rooms
- 1 bathroom
- Open plan kitchen, breakfast bar, and rumpus
- 10m x 5.8m outdoor entertaining deck
- Vegetable Garden
- Ample built-in storage on the side of the house and under the front stairs
- Playground with kids swings & slide plus adult monkey bars for the adventurous
- 6m x 5m basketball court
- Fully fenced
- Carport
- Easy-to-maintain established gardens featuring beautiful palms, fruit trees, and bamboo
Catchment for Eight Mile Plains State School and Rochedale State High School. Close to St. Peter's Catholic Primary School, Redeemer Lutheran College, Calvary Christian College and Islamic College of Brisbane.
Why wait? Contact us today to answer any questions or schedule a viewing at your convenience
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by For Sale By Owner (QLD), For Sale By Owner — reproduced as published, not verified by Districts.