Located in one of the most beautiful areas of Tasmania, Underwood is recognised as one of the prettiest places to secure a property. Land is in this area is extremely scarce and rarely comes on the market.
The owner is selling lot 2 and a boundary adjustment is currently in process bringing the allotment to approx. 33.8 acres. (To be confirmed on title when completed).
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 199 properties. Over the last 5 years, Houses in Underwood have seen a 48.26% increase in median value. As at 30 April 2026:
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