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QLD › Underwood › Rio Ct

3 Rio Ct, Underwood QLD 4119

House

$1,202,000

Last sold

20 Jan 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

565 m²

Land

241 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,202,000 (20 Jan 2026).(Recorded sale)
  • 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

$1,202,000

20 Jan 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

$1,350,000

Median sale

$727/wk

Median rent

2.80%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full Underwood report →

Vs Underwood

-11.0%

Median sale

Suburb $1,350,000

+0.35 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 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$1,202,00020 Jan 2026
  2. Listedprice unknowncompleted8 Jan 2026

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

$1,350,000

Median sale

$727/wk

Median rent

2.80%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full Underwood report →

Keep researching

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

Listing material

Listed by RE/MAX Revolution

The one you have been waiting for...!

Offered to the market for the first time in almost 23 years, this impeccably maintained home reflects exceptional pride of ownership and a standard of care rarely seen. With the current owners making an interstate move, a special opportunity now presents itself for new owners to secure a home that has been genuinely cherished.

Positioned in a highly convenient pocket of Underwood, only 20 minutes from the Brisbane CBD and moments from some of the area's most popular cafes, restaurants and everyday amenities, this address offers an effortless lifestyle with outstanding accessibility.

Ideal for buyers seeking a home where all the hard work has already been done, the residence is move in ready and offers complete peace of mind. The layout is generous and well considered, featuring two separate living areas, formal dining and well-equipped kitchen.

Read the full description

Flowing to the outdoors; a built-in sunroom that extends the living space and connects seamlessly to the patio. This room offers separate side entry perfect for entertaining.

A large alfresco area overlooks the manicured rear lawn, creating a relaxed setting for gathering with family and friends, or quiet evenings at home.

Accommodation includes four bedrooms, led by a spacious master suite with walk in robe and a large ensuite. The bathrooms have been freshly renovated and are presented in excellent condition.

Additional features include a generous solar system that is battery ready, a recent roof restoration, brand new fencing, a hobby shed, a separate garden shed, and beautifully maintained grounds.

Homes of this quality, in this location, and held for decades are seldom offered. This is a residence that has been truly cared for and is now ready to welcome its next chapter.

"RE/MAX Revolution Real Estate has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accepts no responsibility and disclaims all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective tenants should make their own enquiries to verify the information contained in this advertisement."

Listing description written by Narnea Dowell, RE/MAX Revolution — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Panels
  • Study
  • Toilets: 2
  • Workshop
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.