24/25 Parramatta Road, Underwood, QLD 4119 | Property Value & History | OnTheHouse
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24/25 Parramatta Road
Underwood QLD 4119

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 40m2
Land area: 50m2
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Property Details for 24/25 Parramatta Rd, Underwood

Building Type
Commercial
Year Built
1991
Floor Size
40m2
Land Size
50m2
Local Government
Logan City
Lot/Plan
24/BUP11461

Last Listing description (July 2024)

A rare offering in the Eucalyptus Industrial Complex Underwood. This once operated as the local snackbar and is now set up as a commercial food processing premises.

* Grease trap

* Upgraded gas supply
* Exhaust/rangehood
* Indoor walk in coldroom
* Instantaneous gas hot water
* Stainless steel splash backs & benches
* Air-conditioned
* Own toilet and wash basin
* Ample shared parking
* Current body corporate approval for outdoor freezer storage
* Outdoor freezer room available at extra cost
* Fantastic location in the heart of industrial Underwood
* Minutes to M1 Motorway
* Easy drive to Brisbane CBD or Gold Coast

PRICE: Contact Exclusive Agent
BUILDING AREA: 48 sqm

Location:
Underwood is located approx. 20kms southeast of the Brisbane CBD in the Brisbane-Gold Coast corridor. This area boasts an extensive and diverse mix of commercial, industrial and retail property, as well as a considerable established residential community. The area is well serviced by the Pacific Motorway, which provide links to both the north and south as well as easy access to the Logan and Gateway Motorways.

Property History for 24/25 Parramatta Rd, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$404,800
06 Feb 2024
Listed for Rent
$460/w
20 Mar 2023
  • 06 Feb 2024
    Sold for $404,800
  • 15 Dec 2023
    Listed for Sale Sold
  • 26 Sep 2022
    Sold for $280,000
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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 2011 was 5,327 people. By 2016 the population was 6,343 showing a population growth of 19.1% 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 2011, 70.2% of the homes in Underwood were owner-occupied compared with 67.6% in 2016.

Underwood has 3,371 properties. Over the last 5 years, Houses in Underwood have seen a 85.94% increase in median value, while Units have seen a 99.05% increase. As at 30 April 2025:

  • The median value for Houses in Underwood is $1,086,675 while the median value for Units is $639,900.
  • Houses have a median rent of $700 while Units have a median rent of $530.
There are currently 36 properties listed for sale, and 15 properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Underwood.

What's around 24/25 Parramatta Rd, Underwood

24/25 Parramatta Rd, Underwood is in the school catchment zone for Harris Fields State School and Springwood State High School.

Nearby Schools
Comparable Properties
Faith Christian School of Distance Education - Woodbridge Campus
1.03km
Woodridge 4114
SecondaryNon-GovernmentCombined Enrolled
Springwood Central State School
1.39km
Springwood 4127
PrimaryGovernmentP - 6Combined322 Enrolled
Springwood Road State School
1.5km
Rochedale South 4123
PrimaryGovernmentP - 6Combined586 Enrolled
Woodridge North State School
1.52km
Woodridge 4114
PrimaryGovernmentP - 6Combined543 Enrolled
Harris Fields State School
1.69km
Woodridge 4114
IN CATCHMENTPrimaryGovernmentP - 6Combined525 Enrolled
Kuraby State School
2.13km
Kuraby 4112
PrimaryGovernmentP - 6Combined457 Enrolled
Springwood State High School
2.19km
Address not found
IN CATCHMENTSecondaryGovernment7 - 12Combined718 Enrolled
St Paul's School
2.27km
Woodridge 4114
PrimaryNon-GovernmentP - 6Combined307 Enrolled
Islamic College of Brisbane
2.37km
Karawatha 4117
CombinedNon-GovernmentP - 12Combined1057 Enrolled
Calvary Christian College
2.52km
Springwood 4127
PrimaryNon-GovernmentP - 12Combined989 Enrolled

Suburb Insights for Underwood 4119

Market Insights
Underwood Trends for Houses
Median Value

$1.09M

4.48%
View Trend
Median Growth

9.84%

View Trend
Median Rent

$700/W

7.69%
View Trend
Rental Yield

3.59%

6.75%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (06/24 - 04/25)
Underwood Trends for Units
Median Value

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Median Growth

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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 6,343

0-9

 

17%

10-19

 

13%

20-29

 

14%

30-39

 

19%

40-49

 

14%

50-59

 

11%

60-69

 

8%

70-79

 

4%

80-89

 

1%

Household Structure
Occupancy