Potential DA for Commercial and Residential Development
Located in the prime position of Logan Road in the heart of Underwood, this 1953M2 of Specialized Centre Zoning area has great potential DA approval for commercial and residential development. The current commercial building on the property offers 1000M2 of retail shop spaces on the first floor and approx. 700M2 of warehouse space on the ground level. The local area has well established infrastructure and is set to experience future growth. The Pacific Highway provides easy access to Brisbane CDB, the Brisbane Airport, Sunshine Coast and the Gold Coast. Call today to arrange a private inspection.
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 3,395 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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