* Investment opportunity - quality long term tenant
* 3 x 3 x 3 year lease in place
PRICE: Contact Agent
BUILDING AREA: 184 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 Motorways, which provide links to both the north and south as well as easy access to the Logan and Gateway Motorways.
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 3,375 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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