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Underwood, QLD 4119

Home » QLD Real Estate Data » Logan City, QLD » Underwood, QLD 4119

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Underwood, QLD 4119 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Underwood, QLD 4119”

  1. The total adult population (15 years or older) of Underwood 4119 QLD is 5,251, with a median age of 34. Of those, 54.94% are married, 10.59% are divorced or separated, 31.80% are single and 2.70% are widowed.

    The average household size is 3.1 people per dwelling, and the median household monthly income is estimated to be $8,440. The median monthly mortgage repayment for households in this suburb is $1,950 which is 23.10% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Underwood, 4119 located in Queensland is home to 3,524 households. As we delve into the Q3 of 2023, the typical house prices in Underwood are significant at $824,688, with median weekly rents at $571. This circumstance generates an indicative yield of approximately 3.6%, which holds interest for the cashflow-focused property investor.

    Turning our attention to the socio-economic indicators, Underwood carries an IRSAD score of 1023 out of a possible 1217. This illustrates a neighbourhood with substantial socio-economic resources, backed by a productive working population. Moreover, the renter to owner ratio stands at a pleasing 27%, which is under the 30% mark generally considered favourable for investment. The local property market is characterised by a dominant presence of houses, represented by a minimal units to houses ratio of just 1%.

    However, the affordability index for houses is currently high at 38 years, potentially indicating some accessibility and affordability anxieties for potential house buyers in the area.

    In terms of the supply metrics, the stock on market Percentage for houses is substantially low at 0.11%, suggesting a potentially resticted supply in the housing market. Further serving this aspect is an incredibly low inventory level for houses at 0.42 months. The building approvals Ratio for houses is also quite low, sitting at 0.88%.

    Contrarily, the demand metrics show a slightly different story. With an extended average of 108 days on the market, this hints towards a subdued demand for houses. However, bucking the trend is a notably low vacancy rate (combined houses and units) of 0.83%. Meanwhile, the buy search index for houses meets the state/city average at 5.

    In conclusion, the property market for houses in Underwood, 4119 paints an interesting picture. While the supply seems restricted and the socio-economic status and house dominance are favourable, the demand indicators and affordability present a bit more of a challenge. Investors should keep a close eye on these evolving trends for potential opportunities, and consider this analysis in line with other key metrics such as HtAG’s Relative Composite Score (RCS).

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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