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.
$910,000
Last sold
1 Sept 2025
3
Bedrooms
2
Bathrooms
1
Car spaces
300 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
$910,000
1 Sept 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
$1,350,000
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
-32.6%
Median sale
Suburb $1,350,000
+1.35 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 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 RochedaleSleek, modern and contemporary, 4 Malone St. Underwood is just 10 year-young property that embodies contemporary living at its finest. Step into a life of comfort, style, and elegance into this single-storey brick home.
Proving not all homes are created equal, this lowset residence will exceed your expectations. From the outside, this home is polished and refined with an excellent street appeal.
Almost brand new build, perfect for first home buyers, investors and buyers who are looking to buy something affordable in this ever growing prestige pocket of Underwood.
Entering this stylish abode, you will exhale as a sense of belonging rolls over you. Bright and airy, there is a timeless colour scheme throughout, and a floorplan masterfully multi-zoned for growing families. It's time to get excited - a sprawling low-set home within a premium pocket of Underwood, this unique home offers the ultimate in luxurious family living, adorned with custom finishes.
The master suite is situated at the front of the residence. Exuding comfort and relaxation it is complete with engineered wooden floors, a split-system air-conditioner, ceiling fan, a very spacious and refined ensuite with floor to ceiling tiling. The additional two bedrooms are at the rear of the residence and are large and perfectly appointed for comfort.
Features Include:
• Three spacious bedroom all with built in robes and fans
• Beautiful facade and inviting gardens
• Ducted air-conditioning
• Ensuite in the master with an extra shared bathroom
• Spacious backyard with a comfortable land size of 300m2
• Car garage with motorized entry, and additional provisions for 2 cars on the driveway
• Internal laundry
• Buttlers pantry
Location:
The opportunity before you promotes a lifetime of convenience with established amenities:
- 20 minutes from Brisbane's CBD
- quality education on hand with excellent public schools, various independent and
private schools, and early childcare facilities nearby
- walk to public transport with city routes
- timely access to Eight Mile Plains Busways & the new Rochedale Busway station is opening in 2024
- healthcare is on hand with Eight Mile Plains Satellite Hospital due for completion in 2024
- a plethora of shopping opportunities - Westfield Mount Gravatt, Sunnybank shopping and dining precinct, Warrigal Square and Underwood Marketplace
- getting out of town is easy with direct access to Gold and Sunshine Coasts (M1), Logan
Motorway and -Gateway Arterial
Disclaimer: All information found in this document has been collected from sources that we believe to be reliable. However, we are not able to offer any guarantee about the information contained and therefore interested parties should also make their own investigations and research.
Listing description written by Syed Ali, Ray White Rochedale — reproduced as published, not verified by Districts.