Various tenancies available for the right operators in this highly popular and busy Urban Centre.
Underwood Marketplace consists of more than 50 specialty stores, a modern air conditioned mall and a basement carpark. A substantial refurbishment of the existing Big W and Woolworths supermarket stores (over 10,000 m2 combined) and the addition of 4,500 m2 of specialty stores in a new air conditioned mall. This has enabled customers to have a pleasant 'one stop' shopping experience by combining their weekly grocery shop with a visit to quality cafes and eateries, paying bills and doing banking.
The centre features a high quality fit out including Terrazzo floor finishes, high ceilings and latest technology travelators. The 'new look' centre offers parking for more than 800 cars, including the new basement car park and improved on-grade parking with shade sails for all-weather comfort.
Opportunities exist for retailers in the following categories:
*National Fashion Outlets
*Food Court Operator (Sandwich Bar, Fish and Chips, Noodles, Pizza and Ice Cream)
*Fruit and Veg
*Restaurant
*Mortgage Broker
*Accountants
*Home wares
Various Terms and Rentals are available for the right operators.
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:
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