3 Nerissa Ct, Underwood is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 984m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 4 bedroom House sold in Underwood in the last 12 months.
Positioned in the heart of Underwood, this lowset brick-veneer home offers an exceptional investment opportunity with medium density residential zoning (MDR), allowing for future development potential. Whether you're looking to redevelop, extend, or hold as an investment, this property offers incredible flexibility. Plus, with a new aircon in the living room and a recently renovated kitchen and bathroom, this home is move-in ready while you plan for the future.
Top 5 Features:
- Medium density residential zoning - perfect for future redevelopment (townhouses or units STCA)
In Brisbane, MDR zoning allows for the development of multiple dwellings such as townhouses, apartments, or units (Subject to Council Approval - STCA), making this property an outstanding choice for investors looking to capitalise on future growth in the area.
Inside, you'll find spacious living areas that flow effortlessly to the stylishly renovated kitchen, fitted with modern appliances and ample storage. The separate master suite includes its own ensuite, providing privacy and comfort, while additional bedrooms feature built-in robes for easy living.
The property has a generous backyard with an undercover entertaining area and a large shed, perfect for extra storage or a workshop.
Located just a short stroll to public transport, shops, Logan North Library, and local restaurants, this location offers convenience and lifestyle appeal while holding immense future potential for redevelopment. You'll enjoy easy access to:
- 900m to Springwood Mall with shopping, dining, and entertainment options
- 850m to Major supermarkets including Coles and Woolworths
- 600m to A diverse selection of restaurants, cafes, and takeaway options
-900m to Local parks and recreational facilities
- 700m to The Aquatic Centre
- 700m to Logan North Library
- 400m to Public transport links with bus stops nearby
- Access to major motorways for an easy commute to Brisbane CBD and the Gold Coast
Whether you're an investor looking to capitalise on Underwood's booming growth or a family searching for a spacious and conveniently located residence, this property ticks all the boxes. With future development potential and an unbeatable location, the possibilities are endless.
Contact Gary Liu today to arrange your inspection and take the first step towards securing your future!
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
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 3,372 properties. Over the last 5 years, Houses in Underwood have seen a 103.43% increase in median value, while Units have seen a 101.55% increase. As at 31 October 2025:
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