13 Sylvia Street, Underwood, QLD 4119 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $1Million

13 Sylvia Street
Underwood QLD 4119

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 282m2
Land area: 1201m2
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1200m2 of Potential- Now Selling!

Opportunities like this are becoming increasingly rare. Set on a substantial 1,200sqm parcel in one of Underwood's most convenient and tightly held pockets, 13 Sylvia Street is all about land, flexibility and future upside. With an easy dual-living conversion (2 added rooms downstairs) and plenty of room to add multiple dwellings or subdivide (STCA), homes like this are rarely offered to the market.
Whether you're a developer searching for your next project, an investor looking to land bank in a proven growth corridor, or a buyer wanting space that simply no longer exists in newer estates, this property delivers on all fronts. With new homes, increasingly in demand after the federal budget, this one is an investor's heaven and homeowners best bet in this market!
Make an offer link: https://form.jotform.com/230400470671445
Download Building & Pest Report: https://beforeyoubuy.com.au/reports/13-sylvia-street-underwood-qld-4119/building-pest
The value here is undeniable. A block of this size opens the door to multiple possibilities, including subdivision potential (STCA), redevelopment, or creating a large-scale family residence with room to grow. With surrounding infrastructure, strong demand and ongoing development across the area, this is the type of opportunity that continues to become harder to secure.
The existing home provides immediate usability, allowing you to move in or lease out while you plan your next move. Functional in its layout, it offers comfortable living with light-filled spaces, a practical kitchen and easy access to the expansive backyard. It's the ideal holding position while you unlock the full potential of the site.
Step outside and the scale of the block becomes clear. This is where the opportunity truly lies. Wide, usable land with plenty of space to work with, whether you're considering development, extension, or simply enjoying the space for years to come.
Property Features
• Expansive 1,200sqm block with strong immediate potential
• 1x2-1x3 Subdivision potential (STCA)
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Property Details for 13 Sylvia St, Underwood

13 Sylvia St, Underwood is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1201m2 and floor size of 282m2. The place is currently for sale with Ray White Rochedale.

Building Type
House
Floor Size
282m2
Land Size
1201m2
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About Underwood 4119

The size of Underwood is approximately 4.2 square kilometres. There are 11 parks, covering nearly 9.8% of the total area. The population of Underwood in 2016 was 6341 people. By 2021 the population was 6809 showing a population growth of 7.4% in the area during that time. The predominant age group in Underwood is 30-39 years. Households in Underwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Underwood work in a professional occupation.In 2021, 70.70% of the homes in Underwood were owner-occupied compared with 67.60% in 2016.

Underwood has 3,405 properties. Over the last 5 years, Houses in Underwood have seen a 105.54% increase in median value, while Units have seen a 123.64% increase. As at 30 June 2026:

  • The median value for Houses in Underwood is $1,410,405 while the median value for Units is $880,496.
  • Houses have a median rent of $750 while Units have a median rent of $595.
There are currently 38 properties listed for sale, and 30 properties listed for rent in Underwood on OnTheHouse. According to Cotality's data, 149 properties were sold in the past 12 months in Underwood.

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Syed Ali
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Emma Chen
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Ray White Rochedale
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