Suburb Profile Report for Underwood QLD (4119)

Underwood House: Median price $510,000, Annual capital growth 4.52%, Number of sales 108, Weekly median advertised rent $410

Underwood Unit: Median price $332,500, Annual capital growth 5.42%, Number of sales 38, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

QLD has seen average median house prices change by 1.98% which means that Underwood, 4119 has done well for property investors by showing a capital gain of 1.90% over the last year

Comparing Underwood,4119 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -4.51% to buyers in Underwood at the moment, which is less than average for the rest of QLD.

With a capital gain of -9.65% for the last 12 months, Underwood, 4119 has performed for property investments than its average annual 5.42% property growth over the last 5 years.

The five-year average increase in median property values for Underwood,4119 has given property investors a potential capital gain of -13.52% across each of those five years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Underwood itself are offering an average vendor discount of -7.27% to real estate investors.

Situated 17.48km from the CBD, Underwood is one of Logan localities in the postcode 4119.

YIP MAG Information supplied by:

YIP MAG
August 2015

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Located 18km south-east of the Brisbane CBD, Underwood has come a long way over the yearsFull summary Located 18km south-east of the Brisbane CBD, Underwood has come a long way over the years.

Having once been more of a working class area, it is now a popular area with families which has contributed to keeping the vacancy rate to a low 1.14%.

This is especially helped by the presence of Underwood Marketplace which is situated on the corner of Logan and Beenleigh Rd.

It contains Big W, Woolworths and over 50 specialty stores.

There are also a great range of schools, childcare centres, medical facilities, international restaurants and cafes.

Properties around Brookvale Dr and Mowie Cl are in tranquil cul-de-sacs close to convenience shops and parks.

They are also within 15 minutes of the Brisbane CBD and are only a short drive from the Pacific and Gateway Motorways.

Four-bedroom houses in this area can be picked up for less than $500,000.Close
HOUSE UNIT
$510,000 $332,500
2.00% -15.18%
1.90% -9.65%
4.52% 5.42%
$410 $350
108 38
4.18% 5.47%
49.77 103

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
Find a mortgage broker in Underwood QLD
Demographics
Total population 5327
Median household income ($/weekly) 1520
Median age of persons 32
Median housing loan repayment ($/monthly) 2000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 750 14.1
    25-34 years 955 17.9
    35-44 years 843 15.8
    45-54 years 651 12.2
    55-64 years 564 10.6
    Others 1564 29.4
    Age Group
    Census Count Percent(%)
    Registered Married 2059 54.0
    Not Married 1388 36.4
    Defacto Relationship 369 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3177 62.5
    Croatia 120 2.4
    Papua New Guinea 332 6.5
    United Kingdom 142 2.8
    Other 453 8.9
    Others 857 16.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 161 3.3
    Christianity 2994 61.2
    Hinduism 112 2.3
    Islam 464 9.5
    No Religion 1101 22.5
    Others 59 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 150 9.5
    $1,250-$1,499 160 10.1
    $1,500-$1,999 233 14.7
    $2,000-$2,499 231 14.6
    $2,500-$2,999 140 8.8
    Others 668 42.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1812 46.0
    Not in the labour force 1048 26.6
    Employed, worked part-time 732 18.6
    Employed, away from work 182 4.6
    Unemployed, looking for work 166 4.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 309 11.3
    Professionals 517 18.9
    Technicians & trades workers 396 14.5
    Clerical & administrative workers 520 19.1
    Sales 268 9.8
    Others 719 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 82 6.2
    Infants/Primary 523 39.4
    Secondary 315 23.7
    Technical or Further Educational Institution 124 9.3
    University or other Tertiary Institutions 250 18.8
    Others 33 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4640 91.8
    Semi-detached, row or terrace house, townhouse 341 6.7
    Flat, unit or apartment 71 1.4
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 853 49.5
    Rented 488 28.3
    Fully owned 377 21.9
    Other tenure type 4 0.2
    Tenure Type
Census 2011, ABS
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