At number 1899th in the list of Australian suburbs ordered by increase in median house value over the last year, Underwood, 4119 is in the top half with a property value increase of 6.00% recorded in median house prices.
If we look at median property appreciation over just the last three months, Underwood has given property investors a paper return of 1.92%. This puts Suburb as 261 on a list of fastest fasting appreciating suburbs in QLD
Vendor discounting in Underwood is giving property investors an average Vendor Discount of around -6.08%. This puts suburb at number 453th in QLD when ranking the most discounted suburbs.
At number 705 in a list of fastest selling suburbs, Underwood is in the TOP 20% of suburbs in Australia with an average of days on market 54 for properties listed there.
Advertised rents are around the $410 mark per week – giving a return of 4.02% based on the median price in Suburb
Over the last year, property investments in Underwood, 4119 have given investors a capital gain of -16.56%. This compares very badly with the 0.65% for QLD as a whole.
Over the longer term, Underwood has seen property prices show investors a -17.97% return over the last 3 years. This is an improvement over the last 12 months
Underwood4119 is located in QLD which offers an average discount of -6.05% to property investors. Underwood itself is showing figures that indicate -7.91% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Underwood being $315000 and the advertised rent reaching $352 the gross rental yield for property investors calculates out to be 5.81%