Thinking about buying in Underwood? Now could not be a better time, with 4481 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $843,000 with prices in this suburb ranging from $116,000 to $8,445,000. The aproximate distance to the coast is 14 Km.
Median Weekly Rent | $389.92 |
Median Monthly Mortgage | $1726.92 |
Median Persons Per Bedroom | 0.87 |
Average Household Size | 2.92 |
Average Age | 34.08 |
Average Income | $776.83 |
Average Cars Per Dwelling | 1.97 |
Average Properties Within 50M | 16 |
1 Bed  $709,000 |
2 Bed  $675,000 |
3 Bed  $753,000 |
4 Bed  $1,022,000 |
5 Bed  $1,357,000 |
6 Bed+$1,653,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Underwood are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Underwood classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Underwood requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
1166 PROSSERS RD, UNDERWOOD, TAS, 7268 | Offers Over $375,000 per lot |
Eight Mile Plains State School
Kuraby State School
Springwood Central State School
Springwood Road State School
Islamic College of Brisbane
Woodridge North State School
Rochedale State High School
St Peter's Primary School
Harris Fields State School
Kuraby Special School
(While the above schools are located with the suburb of Underwood there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.8 | 12.9 | 25.6 | 38.7 | 87.7 | 3.5 | 26.0 |
Feb | 1.1 | 13.0 | 25.0 | 40.7 | 87.9 | 3.1 | 20.3 |
Mar | 1.6 | 11.0 | 22.8 | 45.5 | 91.4 | 2.8 | 15.7 |
Apr | 1.2 | 7.3 | 19.3 | 51.2 | 94.4 | 2.3 | 10.9 |
May | 2.0 | 4.8 | 15.9 | 58.7 | 96.3 | 2.2 | 7.8 |
Jun | 2.7 | 3.4 | 13.5 | 67.1 | 97.4 | 2.0 | 6.2 |
Jul | 3.3 | 2.8 | 12.9 | 63.7 | 96.5 | 2.5 | 6.5 |
Aug | 2.2 | 3.7 | 13.9 | 55.1 | 93.1 | 2.7 | 8.9 |
Sept | 1.9 | 6.0 | 16.4 | 53.3 | 94.6 | 2.8 | 13.2 |
Oct | 1.6 | 7.3 | 18.6 | 47.4 | 92.5 | 3.2 | 18.8 |
Nov | 2.4 | 9.9 | 20.9 | 46.4 | 91.8 | 3.2 | 23.7 |
Dec | 2.1 | 11.2 | 23.1 | 42.5 | 90.1 | 3.4 | 26.8 |
source: Australian Government Bureau of Meteorology
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