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

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7521m2
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Property Details for 24 Parramatta Rd, Underwood

Building Type
Commercial
Land Size
7521m2
Local Government
Logan City
Lot/Plan
5/RP171802

Last Listing description (June 2020)

The property is located in the popular Underwood/Springwood industrial precinct of the South M1 Corridor, just 20 kilometres south-east of the Brisbane CBD. The suburb has excellent access to the nearby Logan Motorway and M1 Pacific Motorway. This enables an occupier to benefit from an easy connection to all of South-East Queensland, including Brisbane, Ipswich and Gold Coast CBD's, as well as, the Port of Brisbane and Brisbane Airport.

Key features include:


4,150sqm freestanding industrial facility (approx)
7,521sqm general industry site
2 x 2.5 tonne gantry cranes with dual lift to 4.25 tonnes (approx)
2 x 104m (approx) drive thru, high clearance spray booths
Excellent internal clearance and truck drive thru access
120sqm (approx) air conditioned offices
65sqm lunchroom and amenities
Fully sealed hardstand
Three phase power
Ample car parking

For further details please contact the exclusive agents at Cushman & Wakefield.

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Property History for 24 Parramatta Rd, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$525,000
06 Sep 1989
Listed for Rent
$250k/w
01 Mar 2018
  • 02 Jun 2017
    Listed for Rent $250,000 / year
  • 13 May 2015
    Listed for Rent - Price not available
  • 06 Sep 1989
    Sold for $525,000
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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 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 3,375 properties. Over the last 5 years, Houses in Underwood have seen a 109.76% increase in median value, while Units have seen a 111.53% increase. As at 31 December 2025:

  • The median value for Houses in Underwood is $1,306,728 while the median value for Units is $793,179.
  • Houses have a median rent of $735 while Units have a median rent of $600.
There are currently 19 properties listed for sale, and 19 properties listed for rent in Underwood on OnTheHouse. According to Cotality's data, 147 properties were sold in the past 12 months in Underwood.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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