3206/2996 Logan Road, Underwood, QLD 4119 | Property Value & History | OnTheHouse
OFF MARKET

3206/2996 Logan Road
Underwood QLD 4119

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 221m2
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Property Details for 3206/2996 Logan Rd, Underwood

Building Type
Commercial
Land Size
221m2
Local Government
Logan City
Lot/Plan
3206/SP269650

Last Listing description (October 2020)

- Modern design and construction
- Includes 4 car parks
- Lessee: Event Zero Pty Ltd

- Term of lease 3 years expiring 5th of October 2018 with 3 year option.
- All outgoings paid by the tenant
- 4% fixed increase per annum
- Location, Location, Location

This is a great opportunity for the investor wanting to secure a solid return, with a great tenant in place.
Event Zero is a leading analytics and reporting software company formed in 2005 that has years of solid research and development work behind them.
Event Zero has received numerous industry awards and has recently been selected as one of only three Microsoft partners to offer IT pro tools for Skype for business customers, which really speaks to the quality software the company is providing. Event Zero is a solid company that has plans to expand its business.

Property History for 3206/2996 Logan Rd, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$890,000
29 Mar 2019
  • 10 Aug 2020
    Listed for Sale $923,813
  • 29 Mar 2019
    Sold for $890,000
  • 24 Mar 2017
    Listed for Sale $923,813
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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 3,377 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 21 properties listed for sale, and 20 properties listed for rent in Underwood on OnTheHouse. According to Cotality's data, 153 properties were sold in the past 12 months in Underwood.

Suburb Insights for Underwood 4119

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.