SOLD
Sold on 03 Nov 2023 for $638,000

11/2962 Logan Road
Underwood QLD 4119

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 145m2
Land area: 145m2
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Property Details for 11/2962 Logan Rd, Underwood

Building Type
Commercial
Floor Size
145m2
Land Size
145m2
Local Government
Logan City
Lot/Plan
11/BUP5009

Last Listing description (April 2024)

Total Area 145m2*
Rare Logan Road opportunity
Available for Sale & Lease

Presents in excellent condition
Ducted air-conditioning
Rear secure parking with electric gate access
Ample customer parking in front of the shop
Public car park next door
Previously used as a beauty salon
Suitable for a variety of businesses
Easy access to major arterial roads and M1 Motorway
Close to major retailers including Bunnings, Big W and Woolworths
Available now

(Approximately *)

Property History for 11/2962 Logan Rd, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$638,000
03 Nov 2023
Listed for Rent
$38k/w
22 Sep 2023
  • 03 Nov 2023
    Sold for $638,000
  • 19 Apr 2023
    Listed for Sale S: $650,000+GST (if applicable) L: Contact Agent
  • 14 Sep 2022
    Listed for Rent $40,600 / year
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About Underwood 4119

The size of Underwood is approximately 4.2 square kilometres. It has 11 parks covering nearly 9.8% of total area. The population of Underwood in 2011 was 5,327 people. By 2016 the population was 6,343 showing a population growth of 19.1% in the area during that time. The predominant age group in Underwood is 30-39 years. Households in Underwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Underwood work in a professional occupation. In 2011, 70.2% of the homes in Underwood were owner-occupied compared with 67.6% in 2016.

Underwood has 3,348 properties. Over the last 5 years, Houses in Underwood have seen a 92.34% increase in median value, while Units have seen a 89.91% increase. As at 31 August 2024:

  • The median value for Houses in Underwood is $1,076,946 while the median value for Units is $613,160.
  • Houses have a median rent of $680 while Units have a median rent of $560.
There are currently 35 properties listed for sale, and 14 properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 157 properties were sold in the past 12 months in Underwood.

Suburb Insights for Underwood 4119

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Contact agent
Aldo Bevacqua
Show contact details
Ray White Commercial Springwood
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.