Underwood is a mid-sized suburb in Queensland within the Logan local government area (postcode 4119). With a population of 6,809, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $104K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Chinese.
The median house price in Underwood is $900,000, having surged 10.6% over the past year. Units have a median price of $545,000 (+13.5% YoY). The current median weekly rent is $720. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,950.
Public transport access includes 19 bus stops. The crime rate in the Logan LGA is moderate at 7,825 incidents per 100,000 population.
From an investment perspective, Underwood offers a gross rental yield of 4.2%, rated as moderate yield. Property prices are near the state median ($900K/$1.1M). The price-to-income ratio of 8.7x is considered moderate. House prices have moved +10.6% year-on-year.
Underwood is a mid-sized suburb in Queensland within the Logan local government area (postcode 4119). With a population of 6,809, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $104K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Chinese.
The median house price in Underwood is $900,000, having surged 10.6% over the past year. Units have a median price of $545,000 (+13.5% YoY). The current median weekly rent is $720. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,950.
Public transport access includes 19 bus stops. The crime rate in the Logan LGA is moderate at 7,825 incidents per 100,000 population.
From an investment perspective, Underwood offers a gross rental yield of 4.2%, rated as moderate yield. Property prices are near the state median ($900K/$1.1M). The price-to-income ratio of 8.7x is considered moderate. House prices have moved +10.6% year-on-year.