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.
$1,500,000
Last sold
11 June 2025
6
Bedrooms
3
Bathrooms
4
Car spaces
827 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
$1,500,000
11 June 2025 · 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.
Vs Underwood
+9.9%
Median sale
Suburb $1,365,000
-0.25 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 Place SunnybankLarge family entertainer where modern luxury meets unmatched comfort in coveted locale
Welcome to 3 Reid Place, Underwood - where timeless charm meets modern functionality in this exceptional grand family home. This impressive double-storey brick residence embodies contemporary luxury and is ideally situated in the heart of Underwood, offering unrivalled convenience for family living.
This impressive residence elegantly perched high on elevated grounds boasts six bedrooms and three well-appointed bathrooms and an abundance of outdoor and indoor entertainment facilities spaces to accommodate a growing family. Proudly positioned on 827sqm and nestled in a serene neighbourhood and sought-after enclave with breathtaking suburban views, this property offers both comfort and refined living.
Offered to the market for the first time in over a decade, this home has been meticulously maintained by its current owners. Located in an exclusive community, the residence boasts a striking facade and grand entry, leading to an extraordinary two-storey layout. Resting behind a commanding frontage and an enviable position in a quiet cul-de-sac, the home offers both privacy and convenience, just moments from Turnock Park, parklands, local shops, public transport, and top-rated schools like Redeemer Lutheran and John Paul College.
Step inside to a light-filled interior featuring neutral tones and effortless style that will appeal to those who appreciate the finer things in life. With multiple living spaces on both levels, there's plenty of room for relaxation and entertainment. The open-plan living areas flow seamlessly, creating the perfect environment for family gatherings and socialising.
Upstairs, you'll find five spacious beautifully finished bedrooms all featuring polished timber floors, built-ins and timber blinds, and the comfort of ducted A/C. Two elegant bathrooms including an oversized Master suite with leafy views over the suburb, an expansive walk-in robe and personal ensuite with dual vanities.
The ground floor features a versatile sixth bedroom with its own separate bathroom and toilet, offering flexibility for use as a home office, media theatre room, or guest retreat – perfect for multi-generational living. This level also includes multiple living, dining, and family areas, all adorned with easy-care timber flooring, quality finishes, and new lighting plus a convenient powder room.
At the heart of the home lies the contemporary Chef's kitchen, complete with a large island bench, high-end appliances, wide fridge capacity, oven plus dishwasher, a double sink, a gas cooktop, a spacious pantry, and ample storage. The breakfast bar is ideal for casual meals or morning coffee, and the kitchen flows effortlessly into the dining area, creating a harmonious living space.
Outside, the home embraces the best of Queensland's indoor-outdoor lifestyle. The outdoor entertaining area is designed for relaxation, with easy access to the pool, timber sundeck, and covered alfresco area. Out front, the home has a sweeping driveway the connects to the front porch area, secure double garage with dual opening, additional shade parking and a dedicated pedestrian pathway and footbridge that takes you across the pool to the front entrance. Covered with shade sails for sun protection and securely fenced off with timber sun decking, the front positioned large swimming pool enjoys privacy due to the elevated location. Unwind and relax poolside under the covered porch whilst taking in glorious views and sunsets.
The fully fenced, private backyard is perfect for family gatherings, with plenty of space for a BBQ or outdoor activities. With beautifully landscaped gardens, this property offers a luxurious and low-maintenance lifestyle, with ample space for a jacuzzi or cabana (STCA) and effortless transitions to sun filled decks, covered alfresco patio and outdoor spaces all year round.
Key Highlights:
- Elevated hilltop position with picturesque views over the park
- Spacious two-storey design with 6 bedrooms, 3 bathrooms, and oversized two-way double garage
- Expansive 827sqm lot with long driveway and covered shade for additional parking
- Fully air conditioned with ducted and reverse cycle heating split system
- Open-plan living with multiple entertaining spaces
- Solar heated pool with timber sundeck
- Large covered alfresco and entertainer's backyard
- 2.7m high ceilings, easy-care timber flooring, window and door security screens, large storage shed
- High energy efficient home with 13.32kW Solar System and water tank
- Beautifully landscaped gardens
Living here places you just a relaxed amble away from local primary schools, parklands, childcare, and shops, including the new foodie and shopping hub - Underwood Marketplace. Professionals will find the proximity to Brisbane Technology Park advantageous, while the Gateway and Pacific motorways are also easily accessible for quick city, coast, and airport trips.
Location Highlights:
- Minutes to expanded Underwood Marketplace, offering a range of dining, shopping, entertainment options and the popular Area 51 Indoor Play Centre; short drive to Westfield Garden City and Springwood Mall
- Quick access to M3 and M1 highways, only 25 minutes drive to Brisbane CBD
- Within easy reach of renowned schools, express busway and Kuraby Train Station
- Short stroll to Turnock Park with fitness circuit, playgrounds, and parklands for the kids and pets
Education Highlights:
- 6km to John Paul College
- 4.5km to Redeemer Lutheran College
This grand residence exceeds the expectations of modern living with its prime location, security, and luxurious features. An architectural masterpiece of magnificent scale and pedigree. One of the suburbs' most spectacular homes a rare opportunity for families and lifestyle enthusiasts seeking convenience without compromise.
Long term owners ready to move onto the next chapter of their lives. This property is not just a home; it's a lifestyle. Embrace this unique opportunity to secure your very own sanctuary. Simply move in and enjoy.
Set for Auction on the 5th of April 2PM ON-SITE - contact Jacky Chu today for more info and immediate inspection!
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
If the property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Jacky Chu, Place Sunnybank — reproduced as published, not verified by Districts.