Underwood Suburb ProfileTasmania 7268
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Underwood has 198 properties. Over the last 5 years, Houses in Underwood have seen a 42.88% increase in median value. As at 31 October 2025:
- The median value for Houses in Underwood is $795,035 while the median value for Units is $691,331.
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.
Market Insights
Underwood Trends for Houses
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Underwood Trends for Units
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Neighbourhood Insights
Age
Population 391
0-9
9%
10-19
15%
20-29
7%
30-39
9%
40-49
14%
50-59
21%
60-69
17%
70-79
9%
80-89
2%
Household Structure
Occupancy
Recent Sales in UNDERWOOD 7268
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Last Updated: 05/12/2025
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