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QLD › Underwood › The Cres

58 The Cres, Underwood QLD 4119

House

5

Bedrooms

4

Bathrooms

2

Car spaces

569 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 569 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Underwood (last 5 years) with land size: median $1,686/m² of land (n=80). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

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.

See the full Underwood report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Soldprice unknown15 July 2025
  2. Listedprice unknowncompleted4 June 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Underwood in one glance

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.

See the full Underwood report →

Keep researching

  • Why Underwood? Read the area thesis →
  • What else is on the market in Underwood →
  • Other records on The Cres →

Listing material

Listed by Ray White Rochedale

Refined Elegance for the Modern Family!

AUCTION DETAILS: Hosted on-site on Saturday, 12th of July. Doors open at 9:30am with Auction at 10am. Offers are welcomed and will be seriously considered prior to Auction.

Blending designer aesthetics with complete functionality, this near-new, contemporary residence is the ultimate sanctuary for those seeking a refined lifestyle. Designed with luxurious family living in mind, it pairs suave appointments with everyday practicality - offering a stunning backdrop for peaceful moments, grand entertaining, and effortless daily life.

With clear instructions that this property must be sold, all levels of interest are warmly welcomed. This is a rare opportunity you don't want to miss…

Read the full description

Set within one of Underwood's most coveted streets, the location itself sets an impressive tone from the outset. Here, an elite lifestyle awaits - combining luxury, convenience, a welcoming community, and an undeniable sense of serenity.

From the moment you arrive, you'll be captivated by the striking facade and immaculate landscaping.

Step inside, and be welcomed by soaring ceiling voids crowned with a statement contemporary light, while soft natural light illuminates the interiors through expansive windows dressed with electric blinds.

The lower level unfolds across three distinct living zones: a formal lounge at the entry, a relaxed family area flowing out to the stylish alfresco, and a defined dining space that adjoins the culinary heart of the home.

The kitchen is a chef's dream - showcasing gleaming stone benchtops, gas cooktop cooking, rich timber cabinetry, and a sleek glass splashback.

A sprawling breakfast bar, accentuated by sculptural pendant lighting, provides the perfect social anchor, whilst a vast walk-in butlers' pantry is cleverly concealed to maintain the seamless aesthetic.

Step outside to a stylish alfresco area complete with an outdoor kitchen - perfect for entertaining year-round. Lush, low-maintenance lawns and manicured hedges provide both beauty and privacy, while the landscaped gardens add a refined, contemporary edge to the space.

The lower level also features a spacious guest suite with its own ensuite, offering a luxe option for multi-generational living.

Upstairs has been thoughtfully designed for elevated family living, delivering space, privacy, and indulgence in equal measure.

You're greeted by a sophisticated retreat overlooks the dramatic void, offering a serene haven to unwind and soak in the surrounding elegance.

Each of the bedrooms are generously scaled, with two enjoying their own private ensuites.

The master suite is particularly grand, featuring a spacious walk-in robe and a chic, thoughtfully appointed ensuite.

The remaining bedrooms share a deluxe central bathroom finished with opulent fittings and high-end tapware.

Features Include:

• Near-new build - only 4 years young!

• 13KW Solar system for significant impact on electricity bills

• Crimsafe throughout

• EPOXY Flooring to garage

• Ducted air-conditioning and ceiling fans throughout

• Quality roller blinds throughout

This exceptional residence delivers on every level - from its luxurious interiors and intelligent layout to its coveted location, enjoy the perfect fusion of comfort, elegance, and lifestyle.

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 should rely solely on their own enquiries.

Listing description written by Zishaan Omar, Ray White Rochedale — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.