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QLD › Underwood › Malena Way

7 Malena Way, Underwood QLD 4119

House

7

Bedrooms

3

Bathrooms

2

Car spaces

600 m²

Land

374 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • 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 unknown2 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 Malena Way →

Listing material

Listed by Ray White Rochedale

Where Luxury Meets Convenience - A Custom Masterpiece in Underwood

Welcome to 7 Malena Way Underwood, where timeless architecture meets modern innovation - built to impress, designed to last, from high-end finishes to smart sustainability - this home has it all.

Set on a generous 600m², this custom-built Clarendon home delivers elegance, scale, and versatility like no other. Less than 10 years old and meticulously maintained, this home showcases a traditional brick façade, high-end inclusions, and a clever multi-zoned layout that's perfect for growing or multi-generational families.

With 7 spacious bedrooms, including dual master suites (one on each level), this home offers luxurious flexibility. A total of four internal living zones, dedicated media room, and separate study ensure everyone has their space. Thoughtfully upgraded with premium acoustic treatments, energy-efficient systems, and resort-style additions like a pool and solar panels, this is a true entertainer's sanctuary built for the long haul - backed by a lifetime structural guarantee and 6-star energy rating.

Read the full description

Auction Details:

Auction On-Site

Saturday 28th of June

@12:00PM

Bidder Registration Link: https://auctionslive.com/app/bidder-registration/b0dzb

Situated within a sought-after, near-new estate in the heart of Underwood, this property is surrounded by designer homes and a welcoming community. With motivated sellers eager to embark on their next journey, this is a rare opportunity for astute buyers to claim a residence that epitomizes modern elegance and prestige.

Renowned for its harmonious blend of luxury and camaraderie, this pocket offers a lifestyle enriched by nearby recreational parks, esteemed schools, premier shopping destinations, and gourmet dining options. With effortless access to motorways connecting all of Brisbane, this is an address that promises both convenience and exclusivity.

Property Features:

- Custom-built Clarendon Home (Build completed 2016) with a massive floor plan of 336m2

- Expansive 7-bedroom layout, including 2 master suites across both levels

- 4 internal living areas plus dedicated media/theatre room

- Study room + Butler's pantry with Smeg steam oven

- Gourmet Diamond Kitchen with Clarendon inclusions

- Soaring 2.75m high ceilings

- Lifetime structural guarantee & 6-star energy efficiency rating

- Traditional face brick façade with timeless curb appeal

- Noise reduction curtains, insulation wall, and Winsulation acoustic thermal windows

- Pool with heat pump by Compass

- 6kW Solar system (Solahart) & 5000L water tank

-Ducted air conditioning (Homedeal Airconditioning Pty Ltd)

- Land size: 600m²

- Double garage with internal access

This extraordinary residence offers a rare fusion of high-end design and practical living, all within a premier location. Don't miss your chance to secure a home that redefines sophistication and contemporary elegance.

Prime Location:

• 20 minutes to Brisbane's CBD

• Close to top schools, childcare centers, and healthcare facilities

• Easy access to public transport, including the future Rochedale Busway station (2025)

• Excellent shopping options: Westfield Mount Gravatt, Sunnybank, Warrigal Square, Underwood Marketplace

• Quick access to major highways, including the M1, Logan Motorway, and Gateway Arterial

This home is the epitome of modern family living, offering a truly exceptional lifestyle. Don't miss the chance to make it yours - contact:

Syed at 0416 498 295 or Serena at 0409 455 287 to arrange your private inspection today.

Disclaimer: Due to QLD legislation, a price guide for auction properties cannot be provided. The website may filter this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide. All parties are encouraged to conduct their own inspections and due diligence.

Listing description written by Syed Ali, 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.