220 Underwood Road, Underwood, TAS 7268 | Property Value & History | OnTheHouse
 
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220 Underwood Road
Underwood TAS 7268

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 148m2
Land area: 8214m2
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Last updated 2 Feb 2026
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Property Details for 220 Underwood Rd, Underwood

220 Underwood Rd, Underwood is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1880. The property has a land size of 8214m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
House
Year Built
1880
Floor Size
148m2
Land Size
8214m2
Local Government
Launceston
Lot/Plan
1/237217

Last Listing description (February 2014)

** CLICK ON THE VIDEO BUTTON TO WATCH A FULL VIDEO PRODUCTION (not a photo slideshow!) OF THIS PROPERTY! **

In a peaceful sheltered valley, just 15 minutes from Launceston, stands the Old School House, now redeveloped and extended into a charming family home.

The original building featured a high ceiling and a magnificent ceiling rose, and is now the focal point of the home, the lounge room. This leads to the dining area and the large timber kitchen. Glass sliding doors lead to the wrap around deck which overlooks the paddocks making up the remaining 2 acres.
The bathroom has been renovated, and the master bedroom complete the ground floor. Upstairs are 2 bedrooms, or use one as a study with elevated views across the valley there'll be plenty of inspiration.
There's ample room for the kids to play and two large tanks provide plenty of water.
Call to arrange your appointment and lets see if the Old School House could be your new family home.

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Property History for 220 Underwood Rd, Underwood, TAS 7268

A timeline of how this property has performed in the market
Last Sold
$272,000
02 Jan 2014
  • 02 Jan 2014
    Sold for $272,000
  • 28 Nov 2013
    Listed for Sale $279,000
  • 08 Mar 2007
    Sold for $266,000
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About Underwood 7268

The size of Underwood is approximately 89.7 square kilometres. It has 8 parks covering nearly 47.9% of total area. The population of Underwood in 2016 was 363 people. By 2021 the population was 391 showing a population growth of 7.7% in the area during that time. The predominant age group in Underwood is 50-59 years. Households in Underwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Underwood work in a professional occupation.In 2021, 93.40% of the homes in Underwood were owner-occupied compared with 87.00% in 2016.

Underwood has 198 properties. Over the last 5 years, Houses in Underwood have seen a 43.71% increase in median value. As at 31 December 2025:

  • The median value for Houses in Underwood is $859,647 while the median value for Units is $681,403.
There are currently no properties listed for sale, and no properties listed for rent in Underwood on OnTheHouse. According to Cotality's data, 8 properties were sold in the past 12 months in Underwood.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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