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.
$885,000
For sale
$885,000
Last sold
17 July 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
607 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
Asking
$885,000
17 July 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
$1,350,000
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
-34.4%
Median sale
Suburb $1,350,000
+1.47 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.
$40,104 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Underwood's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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
UnknownArea
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 Belle Property RochedalePositioned on an elevated 607m allotment in one of Underwood's most convenient pockets, 54 Murcot Street presents a beautifully updated family home offering generous proportions, multiple living spaces and exceptional comfort. Thoughtfully renovated and impeccably maintained, this is a residence designed to accommodate growing families while delivering effortless everyday living.
At the heart of the home, a stylishly renovated kitchen showcases premium Bosch appliances, quality finishes and generous storage, seamlessly connecting with the open-plan living and dining area to create a warm and welcoming hub for the family. Updated flooring throughout enhances the home's contemporary appeal, while split-system air conditioning in every bedroom, together with air conditioning in the main living area ensures year-round comfort.
Designed with functionality in mind, the home features three generously proportioned bedrooms, all serviced by a well-appointed family bathroom complete with a double vanity and separate toilet. Front and rear covered balconies provide inviting spaces to enjoy your morning coffee, entertain guests or simply unwind while taking in the elevated outlook.
The lower level offers exceptional flexibility with a spacious rumpus room and a separate multipurpose room, ideal as a children's retreat, home office, media room or hobby space. A functional internal laundry, extensive storage, a double lock-up garage and additional carport accommodation complete this highly practical floor plan.
Outside, the expansive fully fenced backyard provides a safe and secure haven where children and pets can play freely, making it the perfect setting for relaxed family living.
Perfectly positioned in the heart of Underwood, the home is just 6 minutes to Underwood Marketplace, 13 minutes to Westfield Mt Gravatt, 11 minutes to Eight Mile Plains Busway, 10 minutes to Underwood Park, and within easy reach of quality schools including Springwood Road State School and Springwood State High School. With convenient access to the Pacific Motorway (M1), you're approximately 23 minutes from the Brisbane CBD and 45 minutes from the Gold Coast, placing shopping, transport, schools and major destinations all within easy reach.
Property Features:
* Elevated 607sqm fully fenced allotment
* Beautifully renovated kitchen featuring premium Bosch appliances, quality finishes and generous storage
* Recently updated flooring throughout
* Three spacious bedrooms, each complete with split-system air conditioning
* Air-conditioned open-plan living and dining area
* Well-appointed family bathroom with double vanity and separate toilet
* Front and rear covered balconies perfect for relaxing or entertaining
* Spacious downstairs rumpus room plus separate multipurpose room
* Double lock-up garage plus additional carport accommodation
* Functional internal laundry with excellent storage, and outdoor garden shed
DISCLAIMER: In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own council and financial inquiries to verify any information contained herein.
This property is being sold without a price therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
IMPORTANT NOTICE: The information provided in this property listing is intended as a general guide only. Any distances, travel times, or commute estimates provided are strictly subject to peak traffic, road works, and time-of-day variables. No guarantee or warranty is given as to the absolute accuracy of these figures, and interested parties should rely on their own investigations and inspections.
Listing description written by Mani Ghai, Belle Property Rochedale — reproduced as published, not verified by Districts.
Nearby 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.