15 Bernice Avenue, Underwood, QLD 4119 | Property Value & History | OnTheHouse
FOR SALE

15 Bernice Avenue
Underwood QLD 4119

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
This property is currently on the market
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Property Details for 15 Bernice Ave, Underwood

15 Bernice Ave, Underwood is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975.This Property is currently listed for sale with RE/MAX Bayside-Results

Building Type
House
Year Built
1975
Local Government
Logan City
Lot/Plan
276/RP119971

Last Listing description (January 2026)

Land Bank or Develop, Endless Opportunity

This property also presents a fantastic sit-and-hold investment opportunity. With strong rental demand in the Underwood area and continued infrastructure growth, investors can secure the site now and land bank for future development while benefiting from rental income in the meantime.

With DA approval already in place, future owners have the flexibility to build immediately or hold the site as the surrounding area continues to grow and appreciate in value.

Whether you're a developer ready to start construction or an investor looking to secure a strategic development site for the future, 15 Bernice Avenue offers rare flexibility in one of South East Queensland's fastest growing corridors.

Introducing 15 Bernice Avenue, Underwood, a developer's dream in a highly sought-after location. Positioned in a booming suburb, this land site offers unmatched potential, surrounded by ongoing and completed developments that are shaping the future of the area.

Welcome to a prime opportunity in the heart of Underwood-a suburb brimming with growth, connectivity, and development.

This land site at 15 Bernice Avenue has already a DA and ready to build 22 boutique apartments a mix of 9x 4 bedroom apartments, 6x 3 bedroom apartments & 7x 2 bedroom apartments with underground parking.

The investment potential of developments on Bernice Street, Underwood looks promising, given the area's ongoing growth and demand for residential properties. Here are some key factors to consider.

For all the plans and approval documents please call me to enquire and happy to share all the information.

Investment:

1. Strong Development Activity, This site has the work already done and ready to be built.
Multiple new residential projects are underway, including townhouses and apartment complexes.
The presence of social housing developments suggests government investment in infrastructure.
2. Zoning & Growth Potential
Properties in the area fall under Medium Density Residential zoning, allowing for multi-unit developments.
The proximity to Brisbane and Gold Coast makes it attractive for investors looking for rental yield and capital growth.
3. Market Trends & Demand
Recent sales indicate high demand for development sites, with properties selling at competitive prices.
The rental market is strong, with demand for modern apartments and townhouses increasing.
4. Infrastructure & Amenities
Close to major transport links, including the M1 Motorway and Springwood Busway.
Nearby shopping centres, schools, and employment hubs enhance the area's liveability.

Located within the Greater Springwood Masterplan, 15 Bernice is situated in one of the most significant growth corridors in Australia and allows you to live connected to the entire South East.

19 minutes to Brisbane CBD
300m walk to transport hubs
Easy access to major arterial roads
10 minutes to Logan Hyperdome
10 minutes to Westfield Shopping Centre
10 minutes to Griffith University
Coffee shop across the road
20 minutes to Brisbane airport
Located close to a number of independent and public schools

Why Underwood?

Underwood is a thriving hub with exceptional infrastructure and amenities:
**Transport Connectivity**: Seamless access to Brisbane via the Pacific Motorway and Gateway Motorway ensures convenience for commuters and businesses alike.
**Education**: Proximity to quality schools and educational institutions makes it a family-friendly destination.
**Healthcare**: Logan Hospital, a leading healthcare facility, is just a short drive away.
**Amenities**: Shopping centers, parks, and recreational facilities enrich the lifestyle of residents.
**Development Boom**: The area is witnessing a surge in modern developments, attracting investors and homeowners.

Are you ready to turn potential into reality? Let's make 15 Bernice Avenue your next success story!

Call Mario on 0421 236 859 to discuss further.

Property History for 15 Bernice Ave, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$1,100,000
15 Aug 2024
  • 27 Jan 2026
    Listed for Sale For Sale
  • 16 May 2025
    Listed for Sale Contact for price
  • 29 Aug 2024
    Sold - Price Undisclosed
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About Underwood 4119

The size of Underwood is approximately 4.2 square kilometres. It has 11 parks covering nearly 9.8% of 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 3,389 properties. Over the last 5 years, Houses in Underwood have seen a 110.59% increase in median value, while Units have seen a 106.00% increase. As at 31 March 2026:

  • The median value for Houses in Underwood is $1,387,464 while the median value for Units is $818,094.
  • Houses have a median rent of $735 while Units have a median rent of $590.
There are currently 27 properties listed for sale, and 20 properties listed for rent in Underwood on OnTheHouse. According to Cotality's data, 142 properties were sold in the past 12 months in Underwood.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.