23/1-5 Cascade Dr, Underwood is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2008. The property has a land size of 127m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
An investment or first home, It's so easy to make it mine
3 beds and 2 baths, and an open plan design
A quaint little backyard for the kids, or just for you to reset
This home in cascade is fairly new you will see,
Just a lick of paint is all it needs to bring it up to pristine.
With quality fixtures and fittings and a couple of aircons you'll find
And a pool on site, will keep you cool during the summer time
So we welcome you to visit and let us help you make it yours
This seller will miss it but it's time for them to open new doors
Featuring
3 Bedrooms (master with ensuite)
2 Bathrooms
3 Toilets (1 downstairs for the guests)
12 Years Old
Building Size 128m2 Approx
Units in complex: 57
Council Rates: $69 Per Week (approx)
Body Corp: $61 per week (approx)
Rental Return: Currently tenanted at $415 per week with the Fixed term Lease ending 25th March 2022 (tenant happy to continue with the right investor but available to move into for an owner occupier as well)
Primary School Catchment: Kuraby State School
High School Catchment: Springwood State High School
This is a secure, gated complex and offers a sparkling swimming pool and on site management. Across the road is Underwood Marketplace, with Woolworths, Big W, doctor, butcher, pharmacy, coffee shops and more! Inspect quickly before you miss this great opportunity.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.
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 3,396 properties. Over the last 5 years, Houses in Underwood have seen a 114.91% increase in median value, while Units have seen a 110.03% increase. As at 30 April 2026:
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