29ha approx. Bush Block With Power, Water & Shed!
This wonderful retreat in the middle of the bush is an opportunity to build your home or just use as a weekender in the bush. The owner has had council planning approval for a building on the land. Only 20 minutes from Launceston CBD, there are a few things that you can do with this land. This property is ideally suitable to ride motor bikes or horse trial riding on the weekends. There is enough land here to feel like you are in a forest wilderness. There are dense patches of forest with some very large trees and some rainforest sections near the creek. There are a couple of lock-up storage sheds on the land (not council approved) and also a recently cleared house site. The road into the block has been formed and in good order. There is also a new water tank installed and an operating hydro system for power as well as a solar panel. If you are looking for a bush block close to Launceston for the children to be involved in outdoor activities, or are looking to build, then this could be what you have been waiting for.
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:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© 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.
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.