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Investment Property Underwood, QLD, 4119

Suburb Snapshot

Underwood is a suburb in the Logan Region of Queensland. Underwood has a population of 6,338 people and 27.58% of its occupants live in rental accommodation. The median listing price for houses is $1,000,000 and this has changed 21.65% over the past year and changed 31.06% over 2 years.

The median rent in Underwood for houses is $690 per week and the median rental yield is 3.58%. Stock on the market for houses/townhouses has changed -41.03% compared to last year and the average time to sell a house/townhouse is 94 days.The median listing price for units is $700,000 and this has changed NA over the past year. The average unit takes 205 days to sell and the median rent for a unit in Underwood is $600 per week, producing a rental yield of 4.45%.

Supply & Demand in Underwood, Logan

0.92%

Current vacancy rate


23

Rental stock available


6,338

Population


27.58%

Rental population


0.96%

Current vacancy rate


1,385

Rental stock available


303,383

Population


29.98%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Underwood, Logan

  House Townhouses Units
Median listing price $1,000,000 $662,500 $700,000
Median price change - last quarter 0.00% 2.00% -2.78%
Median price change - 1 year 21.65% 32.50% NA
Median price change - 2 years 31.06% 50.56% NA
  House Townhouses Units
Median weekly rent $690 $595 $600
Median yield % 3.58% 4.67% 4.45%
Median rent change - 1 year 15.00% 8.18% 14.28%
  House Units
Previous month sales 6 2
Stock on market previous month 23 11
Stock variance vs. last year -41.03% 37.50%
Average days on market 94 205

Underwood investment property listings

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