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.
QLD › Underwood › Fairmont Cres
5
Bedrooms
2
Bathrooms
2
Car spaces
671 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
$1,365,000
Median sale
$727/wk
Median rent
2.77%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
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 Ray White Mt GravattTHE DATE HAS BEEN SET AND THE CURRENT OWNER HAS MADE THE DIFFICULT DECISION TO SELL THIS EXPANSIVE LOWSET HOME, MAKE NO MISTAKE THIS HOME WILL BE SOLD ON OR BEFORE THE AUCTION 31/07/2024*
Auction via In-Room and Online - 31/07/2024 @ 6:00pm, if not sold prior
Auction Location - Ray White Mt Gravatt | 1450 Logan Road, Mount Gravatt
Registrations start from 5:30pm
(Phone & Online Registrations must be completed by 2pm on Auction Day)
Welcome to 32 Fairmont Crescent! Located in one of Underwood's most sought-after neighbourhoods, this pristine family home is sure to impress. This solid lowset brick residence features a spacious floor plan that maximises the use of the block, making it perfect for any family. Not only is the home impeccably maintained & renovated, but it is also situated on a quiet street with easy access to shops and within walking distance to local parks (ideal for families).
Upon entering the residence, you are greeted by a spacious study area, ideal for those working from home. Across the hall, the master bedroom serves as a sanctuary, boasting an expansive private area bathed in natural light, with ceiling fans ensuring comfort. The master suite includes a generously sized walk-in wardrobe offering ample storage options, and a newly renovated ensuite for added convenience.
A thoughtfully designed separate living/media room enhances the overall usability and convenience of the layout, making it perfect for larger families. This versatile space provides an ideal setting for family movie nights, game days, or simply a cosy retreat for relaxation. Its strategic placement within the home ensures that it can be easily accessed while maintaining a sense of privacy and comfort, further elevating the residence's appeal.
Walking down the hall you're greeted by an elegant open plan living and dining area, designed to create an exquisite space for family gatherings. The gourmet kitchen is fully equipped with storage options and bench space, perfect for hosting large gatherings or enjoying a casual breakfast at the bar. The dining area, conveniently adjacent to the kitchen ensures seamless entertaining and dining experiences.
Among the many rooms, you will find four spacious bedrooms, each fully equipped with ducted air conditioning and plush carpeting for your convenience. The additional bedrooms share access to a centrally located bathroom, to ensure comfort and convenience.
Stepping outside, you'll discover a well designed outdoor entertaining area, ideal for both relaxation and tranquillity. This luxurious space is elegantly illuminated at night and features low-maintenance and tiled flooring, ensuring both beauty and ease of care.
Property Features:
• Relatively Flat 655m2 Block
• 5 Large Bedrooms
• Ducted Air Conditioning
• Outdoor Entertaining Area
• Media Room
• Easy Access to Pacific Mwy
• 200m^ walk to Turnock Park
• 500m^ to Underwood Marketplace Shopping Centre
• 2km^ to Springwood Mall
• 18km^ to Brisbane CBD
*subject to reserve price
^direct line
All information contained here 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 must solely rely on their own research and enquiry.
Listing description written by Grant Boman, Ray White Mt Gravatt — reproduced as published, not verified by Districts.