Underwood is an average performer in QLD when comparing median price capital growth over the last year. Underwood gave property investors a good capital gain figure when compared to the rest of the state, with 6.00%.
The five-year average increase in median property values for Underwood,4119 has given property investors a potential capital gain of 13.98% across each of those five years.
Our latest figures would indicate that property sellers in Underwood are currently offering property investors an average price cut of -5.89% below the asking price at the moment.
Situated 16.95km from the CBD, Underwood is one of Logan localities in the postcode 4119.
Property investors who have had real estate in Underwood, 4119 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -18.60%
When looking at the potential capital gains offered to property investors over the last 3 years, Underwood comes in at number 341th in QLD.
Sellers are offering property buyers an average discount of -7.72% to buyers in Underwood at the moment, which is less than average for the rest of QLD.
At number 1047 in a list of fastest selling suburbs, Underwood is in the bottom 30% of suburbs in Australia with an average of days on market 93.66 for properties listed there.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.78%, without taking into account capital value appreciation, which has been averaging out at 3.50%.