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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 18.41% over the past year and changed 28.20% 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 -40.54% compared to last year and the average time to sell a house/townhouse is 91 days.The median listing price for units is $700,000 and this has changed NA over the past year. The average unit takes 228 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

1.00%

Current vacancy rate


25

Rental stock available


6,338

Population


27.58%

Rental population


1.01%

Current vacancy rate


1,454

Rental stock available


303,383

Population


29.98%

Rental population


0.87%

Current vacancy rate


20,766

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 $675,000 $700,000
Median price change - last quarter 0.00% 2.00% -2.78%
Median price change - 1 year 18.41% 35.00% NA
Median price change - 2 years 28.20% 53.40% NA
  House Townhouses Units
Median weekly rent $690 $600 $600
Median yield % 3.58% 4.62% 4.45%
Median rent change - 1 year 8.66% 9.09% 11.11%
  House Units
Previous month sales 3 2
Stock on market previous month 22 8
Stock variance vs. last year -40.54% 0.00%
Average days on market 91 228

Underwood investment property listings

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