6/1-5 Cascade DriveUnderwood QLD 4119
Property Details for 6/1-5 Cascade Dr, Underwood
6/1-5 Cascade Dr, Underwood is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 126m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (June 2023)
Investors should be quick to come inspect this high-quality, spacious townhouse in a fantastic position of Underwood. It boasts superb convenience to transport, is a short 350m walk to local shops, cafes and food outlets and only 600m walk to the Big Gun shopping centre. Access to city & suburban bus stops and motorways is minutes away and you can shop until you drop at Westfield Mt Gravatt which is only 6kms away.
Currently rented with a reliable tenant until July 2024, this townhouse earns a solid rental return and combined with the low body corporate fees, makes a savvy investment for any property investor looking for a good yield and long-term value.
Part of a peaceful and well-maintained complex, the estate offers its residents exclusive use over a communal pool with adjoining patio and seating area and has plenty of onsite visitor parking for guests and trades.
Smartly designed with a stylish interior and attractive street appeal, this home has been well-cared for and provides a comfortable and low maintenance abode suited to a couple, singles or small family.
Downstairs hosts an open plan lounge and dining area which is bright and neatly tiled. It has great natural air flow and light from the generous windows and sliding doors that connect to the patio area and garden. It is fitted with split system air conditioning and has neutral dcor throughout. A contemporary kitchen has a sleek look with white cabinetry, plenty of bench space and stainless steel appliances.
The two-level design offers three good-size bedrooms upstairs and each has ceiling fans, quality carpets, roller blinds and built-in robes. An adjoining ensuite to the main bedroom has a trendy design with neat tiling and good layout. The two other bedrooms have easy access to the bathroom which has a wide, wall hung vanity, full bath and separate shower.
Features include:
- Single garage
- Driveway parking
- Ceiling fans
- Air conditioning
- Low maintenance
All enquiries welcomed to secure this excellent investment townhouse in a prime neighbourhood that sees consistent tenant demand due to quality and proximity to major employment and tenant drivers.
**All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries**
Property History for 6/1-5 Cascade Dr, Underwood, QLD 4119
- 08 May 2023Sold for $480,000
- 21 Mar 2023Listed for Sale $490,000
- 15 Nov 2022Listed for Rent $440 / week
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0About Underwood 4119
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 3,397 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:
- The median value for Houses in Underwood is $1,423,099 while the median value for Units is $839,846.
- Houses have a median rent of $750 while Units have a median rent of $605.
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