Underwood — Units

BUY
QLD 4119 Unit Rank #13 of 174 in Brisbane
$752K
Median Unit Price · recent comparable sales
Supply Constrained Growth #13 of 174

Rental supply is extremely tight while prices are accelerating. This structural imbalance favours continued growth.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Supply Constrained Growth
DEMAND
46 buyers/listing
Strong
LIQUIDITY
21d DOM
Neutral
AFFORDABILITY
30.0% vs 5yr
Weak
GROWTH OUTLOOK
Good
Strong
YIELD
3.5%
Neutral
SUPPLY PRESSURE
1.1% vacancy
Strong
#13/174 Good Structure 71 $752K

Atlaso rates Underwood units as BUY for capital growth. Vacancy remains tight at 1.07%. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $752K, Underwood ranks #13 of 174 units in Brisbane. The long-term structural outlook is Good. Properties sell in just 21 days, reflecting urgent buyer demand.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Brisbane.

Underwood Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Buyers Early signs of easing. Monitor for entry.
-0.5%
Asking Prices (3mo)
+23.3%
Rents (12mo)
0.7%
Vacancy
54%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$471K

Unit Weekly Rents (12 months)

$643/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 4119.

Suburb Profile

Underwood at a Glance

SEIFA Index
8/10
Most advantaged
Household Income
$1,992/wk
Median household
Median Age
34
Years
Mortgage Stress
23%
of income
Population Growth
+3.6%
vs state +1.8%
Ownership Mix
17.2% owned 55.9% mortgage 23.9% renting

Demographic Trends

Underwood Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Underwood Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Underwood a good suburb to invest in?
Atlaso rates Underwood as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Underwood and 46 Australian cities to generate this rating.
What is the median house price in Underwood?
The current median house price in Underwood, qld is $752K, with annual growth of +19.9%. Properties sell in approximately 21 days.
How fast do properties sell in Underwood?
Properties in Underwood sell in 21 days on average. The market is currently rated Good. This is faster than the national average, indicating strong buyer demand.
What is the growth outlook for Underwood?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Underwood's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Underwood?
The gross rental yield for houses in Underwood is 3.5%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).