4/1 Welch Street, Underwood, QLD 4119 | Property Value & History | OnTheHouse
OFF MARKET

4/1 Welch Street
Underwood QLD 4119

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 74m2
Land area: 628m2
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Property Details for 4/1 Welch St, Underwood

Building Type
Commercial
Floor Size
74m2
Land Size
628m2
Local Government
Logan City
Lot/Plan
4/BUP4154

Last Listing description (July 2016)

7.7% RETURN PA NET INCOME $22,000 PA MODERN FIT-OUT LOCATED IN THE CENTRAL UNDERWOOD BUSINESS HUB BUSY LOGAN ROAD EXPOSURE JUST MINUTES TO M1/GATEWAY AND MAJOR ARTERIAL ROADS(APPROX*)UNDERWOOD IS LOCATED 18 KILOMETRES SOUTH EAST OF THE BRISBANE CBD. IT IS BOUNDED BY MILLERS ROAD, UNDERWOOD ROAD, THE SOUTH-EAST FREEWAY, LOGAN ROAD AND ROUGHLY COMPTON ROAD. IT INCLUDES LOGAN ROAD, KINGSTON ROAD, COMPTON ROAD AND SURROUNDING AREA ENCOMPASS THE UNDERWOOD BUSINESS CENTRE, WHICH IS A MIXED-USE URBAN DEVELOPMENT AREA INCORPORATING THE UNDERWOOD/SLACKS CREEK INDUSTRIAL ESTATE AS WELL AS RETAIL, COMMERCIAL AND OFFICE ESTABLISHMENTS. RETAILERS IN UNDERWOOD INCLUDE BUNNINGS, BIG W AND WOOLWORTHS AS WELL AS THE ZONE, WHICH IS A PRIVATELY OWNED RETAIL ESTATE.LOGAN CITY IS SITUATED ALONG ONE OF THE MOST IMPORTANT ECONOMIC CORRIDORS IN AUSTRALIA. FROM THE SUNSHINE COAST TO COOLANGATTA, A POWERHOUSE OF COMMERCE AND SERVICE INDUSTRY SECTOR DEVELOPMENT WILL CONTINUE TO GROW IN SUPPORT OF THE BRISBANE CBD, THE PORT OF BRISBANE AND THE BRISBANE AIRPORT.

Property History for 4/1 Welch St, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$285,000
06 Jul 2017
Listed for Rent
14 Jul 2016
  • 06 Jul 2017
    Sold for $285,000
  • 14 Jul 2016
    Listed for Sale $285,000
  • 14 Jul 2016
    Listed for Rent - Price not available
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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 3,379 properties. Over the last 5 years, Houses in Underwood have seen a 112.12% increase in median value, while Units have seen a 117.41% increase. As at 31 January 2026:

  • The median value for Houses in Underwood is $1,337,151 while the median value for Units is $798,184.
  • Houses have a median rent of $728 while Units have a median rent of $620.
There are currently 27 properties listed for sale, and 18 properties listed for rent in Underwood on OnTheHouse. According to Cotality's data, 152 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.