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.
$980,000
Last sold
9 May 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
653 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
$980,000
9 May 2025 · 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
$1,365,000
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
-28.2%
Median sale
Suburb $1,365,000
+1.09 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 Ray White Springwood & Shailer ParkCALL JOHNSON & JOEL AND START REGISTERING NOW!
IN-ROOM BIDDING REGISTRATION ON 7 MAY WED @ 5PM
AUCTION STARTS @ 5.30PM
ASK FOR YOUR FREE PEST BUILDING REPORTS
This amazing low-set brick rendered home offers an idyllic suburban lifestyle and is minutes from childcare centres, schools, retail centres, and the M1. Set on a 653m2 block, it has 4 bedrooms, 2 bathrooms, a sparkling pool, and undercover parking for 4 cars.
At the front of the home, you'll find manicured gardens and a 2-car undercover carport plus side access to the 2-car lockup shed. That's parking for 4+ cars, including an RV, a boat, and more!
Interiors are beautifully presented and feature ceiling fans throughout, cosily carpeted bedrooms, and lovely polished timber floors in the living areas. Entering the home, is an air conditioned open plan living area with stunning panelled ceilings, which leads through to a formal dining room. This sits adjacent to a modern kitchen that boasts a dishwasher, electric stove top/oven, lots of on-trend cabinetry, and ample bench space (add a few bar stools and you'll have a handy breakfast bar).
These spaces are the perfect combination for family-friendly living and memory-making entertaining. This wing of the home also has a bedroom and a laundry, however, its configuration offers an ideal opportunity to convert this area. Just change the laundry to an ensuite and section it off, and you have a guest retreat or a private haven for elderly parents. Or mum and dad may want to swap things around and convert this space to their own (new) master wing!
At the other wing of the home are 3x more bedrooms. All have full length mirrored built-ins, and the master also has a 'his and hers' walk-in robe, plus a renovated ensuite that features floor-to-ceiling tiles and stylish matte black tapware. Prepping for work and play will be effortless in this master retreat. A 'family' bathroom with a shower, bath and separate toilet complete the interiors.
Walking through the living area you'll access an elevated timber deck with ceiling fans, slatted privacy screens, and views of the sparkling pool. This alfresco area is the epitome of a lifestyle oasis-just add a big dining table and all the BBQ must-haves and enjoy blissful entertaining under a blanket of stars. Down the stairs is another entertaining area - cosy it up with a some plush seating and a fire pit and you'll have year-round comfort with minimal effort!
There is also a lush grassy yard for the kids and their fur baby to work off some energy, a sparkling pool just begging for some new pool toys, and the 2-car shed which is easily accessed via the side of the house. Use it for car (or more) storage or convert it to a workshop or even a home office.
Location-wise, this property is close to lots of childcare centres and schools including Eight Mile Plains State School, Rochedale South State School and Springwood Road State School. Shops nearby include Underwood Marketplace Shopping Centre and Rochedale Shopping Centre, and the Gold Coast is under an hour's drive away. Thrilling theme parks and some of the world's best beaches are a short weekend road trip away!
PROPERTY FEATURES:
• 653m2 block
• 4 bedrooms, 2 bathrooms 4 cars
• Master has an ensuite and walk-in
• Second wing has a bedroom ideal for dual living conversion
• Open plan living & dining
• Kitchen with dishwasher & electric stove and oven
• Interior laundry
• Ceiling fans throughout & AC in some rooms
• 2 entertaining areas including an elevated timber deck
• Sparkling pool
• Undercover parking for 4 cars plus side access for more
• Massive shed for parking, storage or a home office
• Grassy back yard for the kids
• Close to childcare, schools, retail centres and the M1
There is a set of beautiful tenants residing at 54 Louise St till 15 May 2025 @ $720 per week. If you are a home owner you can move in after that or if you are an investor, you can discuss with the tenants about renewal of their lease.
To truly appreciate the beauty of this property, we invite you to the open inspection this Sat. This is a rare opportunity to acquire a home that surpasses expectations and redefines family living. Don't miss out - make it yours today!
Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Springwood & Shailer Park by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
Listing description written by Johnson Teo, Ray White Springwood & Shailer Park — reproduced as published, not verified by Districts.