49/9 Cascade Dr, Underwood is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a land size of 145m2.
Set in modern, safe complex, this 3 bedroom, two-storey self-contained unit offers the very latest in contemporary, spacious open-plan living.
Located less than 5 kilometres from the M2 Gateway Motorway and less than 5 minutes from the M1 Pacific Motorway, this unit is perfectly situated for easy access to both nearby facilities and for venturing into the city proper. Local shops can be found at Underwood Market Place, while Westfield Garden City is less than 10 minutes by car. Kuraby Train Station is 3 minutes away and there are various local schools within a 5-kilometre radius.
The unit includes 3 good-sized bedrooms upstairs, with an en suite in the master, a separate bathroom and water closet for the other bedrooms to share, and theres a handy study nook. All three bedrooms enjoy air conditioning, as does the downstairs living area. The lower floor is an open-plan design and includes an up to date kitchen with stainless steel appliances, as well as a further downstairs water closet.
Outside, the unit benefits from a good sized courtyard, and the complex includes a coded safety gate at the entrance and an onsite pool. Altogether, this is an excellent opportunity for investment buying to rent or as a home for a young professional individual, couple or family.
Rental income per week $405, Bodycorporate $607.79 per quarter
At a glance:
Easy access to motorways and local amenities
3 fully air conditioned bedrooms
2 bathrooms with en suite in master and extra downstairs toilet
Upstairs study nook
Modern kitchen with stainless steel appliances
Open-plan living area with air conditioning
Courtyard
Modern complex with pool and restricted entrance
The size of Underwood is approximately 4.2 square kilometres. There are 11 parks, covering nearly 9.8% of the 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 3,396 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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