18 Gunalda Street, Underwood, QLD 4119 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $919,000

18 Gunalda Street
Underwood QLD 4119

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 614m2
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Solid Brick Home on 614m² — M1 Convenience, Underwood Lifestyle

Tucked away on a generous 614m² block, 18 Gunalda Street occupies arguably one of the best positions in the pocket, in one of Underwood's most convenient locations. This solid lowset brick home is brimming with potential and ready for its next chapter.
Step inside and you're greeted by a light-filled open-plan living and dining area crowned by striking cathedral ceilings with exposed timber beams — a feature that gives the home genuine character and a real sense of space. The layout flows effortlessly out to a covered patio and a wonderfully large, level backyard, perfect for kids, pets, weekend entertaining, or simply soaking up the Queensland outdoors.
The functional kitchen sits at the heart of the home, overlooking the living zone and offering plenty of scope to update and make your own. Three well-proportioned bedrooms — two with built-in wardrobes — provide comfortable accommodation, served by a family bathroom with a separate shower and bathtub, plus the added convenience of a separate toilet.
A rare opportunity — whichever path you choose:
This is a property that rewards vision. It's ideally suited to:
The knock-down rebuilder — a level 614m² block on the best position in the street is the ideal canvas to design and build your dream home from the ground up.
The serious renovator — solid brick bones and a functional floorplan mean you can add real value, with the large, level backyard offering genuine potential for a granny flat (STCA) to boost income or accommodate extended family.
The budget-conscious buyer ready to enter the market — get a foothold in a fantastic, tightly held location without stretching too far, and let time and location do the rest.
First-home buyer, astute investor, or renovator ready to roll up your sleeves — this home delivers on both lifestyle and opportunity.
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Property Details for 18 Gunalda St, Underwood

18 Gunalda St, Underwood is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 614m2. The place is currently for sale with Invest & Co BNE PTY LTD.

Building Type
House
Land Size
614m2
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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 3,409 properties. Over the last 5 years, Houses in Underwood have seen a 101.43% increase in median value, while Units have seen a 126.74% increase. As at 31 July 2026:

  • The median value for Houses in Underwood is $1,390,715 while the median value for Units is $880,972.
  • Houses have a median rent of $760 while Units have a median rent of $595.
There are currently 33 properties listed for sale, and 31 properties listed for rent in Underwood on OnTheHouse. According to Cotality's data, 157 properties were sold in the past 12 months in Underwood.

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Bill Zhang
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Invest & Co BNE PTY LTD
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