UNDERWOOD
Investor score
59
Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.
Median price
—
no recent data
Rent yield
3.6%
rent real · price estimated
Annual growth
8.6%
modelled estimate
Vacancy rate
1.1%
modelled estimate
AI insights for UNDERWOOD
Investment analysis, risks & comparisons
UNDERWOOD shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
Median rent
$747/wk
QLD RTA Bond Stats · Mar 2026
Demand change
+8.3%
annual shift
Yield × growth index
6.1
combined signal
Net yield (est.)
1.77%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+14.3%
est. compound, long-run avg
10-yr growth (CAGR)
+6.1%
est. compound, long-run avg
Rental demand
75 / 100
Very high rental demand
Supply pipeline
Real2.4%
new dwellings approved / stock · ABS 2024-25
Moderate supply
5-year price history
No price history available.
Market overview
UNDERWOOD is a metropolitan QLD suburb with strong capital growth momentum and moderate rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.
Highlights
- Metro QLD suburb with strong infrastructure and transport
- Rental yield 3.6% with stable tenant demand
- High annual growth of 8.6% — outperforming state average
- Very low vacancy rate — high rental demand
Risk factors
- High entry price may limit buyer pool
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$1,992/wk
$95k taxable p.a.
Renters
27.3%
70.7% owner-occupier
Median age
34.0 yrs
Unemployment
3.5%
Population growth
+5.8% p.a.
Investor-owned
14.0%
of all dwellings (ATO)
Houses
57%
31% apartments
Degree qualified
26.8%
bachelor's or higher (ABS)
Work from home
14.6%
of employed residents (ABS Census)
Median lot size
420 m²
Compact block
Household size
2.6 persons
avg per dwelling (ABS Census)
Short-term rental
18.0%
High Airbnb activity
Market activity
Distance to CBD
17.8 km
Outer suburbs
Days on market
23 days
Fast-moving market
Auction clearance
59.0%
Balanced market
Walkability
72 / 100
Walker's paradise
Coastal proximity
5.1 km
Near coast
NBN technology
FTTPFastest — full fibre to premises
Population density
3,266/km²
Dense urban
Liveability & safety
Safety index
High crime12.7 offences / 100 persons
Source: QLD Police · 2024-25
School quality
Average6 schools in postcode area
Source: ACARA My School 2025
Transit access
ExcellentSource: State GTFS feeds
Gentrification signal
26
/ 100
Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
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