5 Welch Street, Underwood, QLD 4119 | Property Value & History | OnTheHouse
OFF MARKET

5 Welch Street
Underwood QLD 4119

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 1546m2
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Property Details for 5 Welch St, Underwood

Building Type
Commercial
Land Size
1546m2
Local Government
Logan City
Lot/Plan
9/RP153584

Last Listing description (February 2023)

* Direct access to roller door
* Clear span
* Parking at front door

* Easy access to M1
* Ground floor office/display area
* Landlord willing to negotiate a deal

OFFICE: 60 sqm
WAREHOUSE: 340 sqm
TOTAL: 400 sqm

Location

Underwood is located approximately 20 kilometres south east of the Brisbane CBD in the Brisbane-Gold Coast corridor. This area boasts an extensive and diverse mix of commercial, industrial and
retail property, as well as a considerable established residential community. The greater Springwood/Underwood region has strong surrounding population growth with a varied demographic of residents and workforce. The area is well serviced by the Pacific Motorway, which provide links to both the north and south as well as easy access to the Logan and Gateway Motorways.

Property History for 5 Welch St, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$820,000
01 Jun 2004
Listed for Rent
$767/w
07 Feb 2023
  • 07 Feb 2023
    Listed for Rent - Price not available
  • 08 Jul 2019
    Listed for Rent - Price not available
  • 18 Dec 2004
    Listed for Sale Not Disclosed
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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 3,372 properties. Over the last 5 years, Houses in Underwood have seen a 105.49% increase in median value, while Units have seen a 128.66% increase. As at 30 November 2025:

  • The median value for Houses in Underwood is $1,261,197 while the median value for Units is $761,325.
  • Houses have a median rent of $720 while Units have a median rent of $600.
There are currently 22 properties listed for sale, and 20 properties listed for rent in Underwood on OnTheHouse. According to Cotality's data, 146 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.