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.
QLD › Underwood › Eleanor Ave
$1,302,000
Last sold
14 Apr 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
807 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
$1,302,000
14 Apr 2026 · 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
-3.6%
Median sale
Suburb $1,350,000
+0.10 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 Ray White RochedaleHere you have a rare chance, an option to buy a family home in the heart of Underwood, a prime development opportunity with almost all the properties sold in this pocket, this is one of the last few ones which is now up for grabs.
With most of the properties in this zoning already been sold in the recent few months, 4 Eleanor Av. Underwood is an opportunity of a lifetime which is not to be missed.
With an option to build high rise and have steady income in management rights and an easy option to mix commercial spaces with the development, 4 Eleanor Avenue is an opportunity which most developers wait for. Located right in the midst of all the new high rise developments and newly proposed apartment, commercial dwellings and apartment complexes, an easy access to the new motorway exit and the new park & ridebus station in Underwood.
A massive opportunity for developers, home buyers and astute investors! Number 4 Eleanor Av. Underwood is all up for grabs with a total land size of 804 sqm, a 20.1 frontage it is one of the last blocks up for sale with this kind of potential in the area.
Property Features:
- Medium-High Rise/ Large Units (STCA)
- 1x2 Block subdivision (STCA)
- High-Set Brick home
- High rental yield to offset the holding costs while you get your DA & BA approval
- Perfect for land banking or for developers
- Management rights
- Structurally sound and well maintained
- 3 Spacious Bedrooms Upstairs
- An added room downstairs which can be converted into an extra bedroom
- Separate internal laundry downstairs, can be converted to 2nd bathroom
- Plenty of space internally with large back and front yard
- Open Plan Kitchen
- Large patio with multiple entertainment areas
- No easements
- Solid brick home
- Polished timber floors
- Separate living and dining areas
- Downlights throughout
- Split system aircons throughout the property
- Modern fans installed throughout the property
- A large double door shed with ample storage for cars, boat, caravans etc.
- Side access leading to the backyard and the shed
Options to Build:
- Medium Rise/ Large Units: 37 Apartments, 7 Levels
- Townhouses
- Minimum land setbacks
- Management rights of upto $770,000 (can be sold separately)
- Rental appraisal of $800-$850pw
- Apartment complex (High Rise)
- Townhouses
- Childcare centre
- Hotel/Motel
- Aged care facility
- Health care services
- Commercial apartment blocks
- Mixed residential /commercial blocks or apartments
Central location, walking distance to Underwood Marketplace including a variety of local shops, backing onto a newly developed residential and commercial apartment complexes and office buildings and with a few more commercial and residential projects under construction around the street. These properties on Nerissa Court, Underwood presents a once-in-a-lifetime opportunity for astute investors seeking to land bank, lease out, develop, or even reside amongst other established and increasingly popular properties in the esteemed Underwood locality.
It holds endless potential, all you've to do is enquire!
Contact Syed @04165 498 295 or Serena @0409 455 287
To register your interest or to book a private inspection.
All open home timings will be posted online weekly.
Disclaimer:
All information contained herein 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 enquiries.
Listing description written by Syed Ali, Ray White Rochedale — reproduced as published, not verified by Districts.