Underwood, located in Logan, Queensland, has experienced a dynamic housing market influenced by its strategic position and family-friendly amenities. Over recent years, Underwood has seen a steady increase in demand for residential properties, driven partly by its proximity to Brisbane and the Gold Coast, making it an appealing choice for commuters looking for a more suburban lifestyle. The housing market here offers a mix of older homes and new developments, catering to a range of buyers from first-time homeowners to investors seeking promising returns. Despite fluctuations in the broader real estate market, Underwood's housing prices have shown resilience, supported by ongoing development projects and infrastructure improvements, which continue to enhance its appeal.
Living in Underwood offers a balanced lifestyle with access to essential amenities and recreational options. Residents enjoy a strong sense of community, supported by local schools, parks, and shopping centers that cater to daily necessities and leisure activities. The suburb's multicultural landscape is reflected in a variety of dining options and community events that celebrate diverse cultures, fostering a welcoming atmosphere for all. Underwood's location also provides convenient access to major road networks, enhancing connectivity to surrounding areas. This, combined with its relatively peaceful environment and family-oriented facilities, makes Underwood an attractive choice for families and individuals seeking a harmonious blend of suburban comfort and urban accessibility.
Median Weekly Rent | $389.92 |
Median Monthly Mortgage | $1726.92 |
Median Persons Per bed houseroom | 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 |
Typical 1 bed house | $709,000 |
Typical 2 bed house | $675,000 |
Typical 3 bed house | $753,000 |
Typical 4 bed house | $1,022,000 |
Typical 5 bed house | $1,357,000 |
Typical 6 bed+ house | $1,653,000 |
Housing Stock
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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.
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.
Instant Property Valuation1166 Prossers Road, 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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