Knight Frank as exclusive marketing agents are proud to present 18 Nevilles Street Underwood to the market For Lease.
Situated in the tightly held industrial precinct of Underwood, Nevilles Street is approximately 18 kilometres south of the Brisbane CBD. Positioned just off Compton Road and in close proximity to Kingston Road, the property is afforded excellent access to the Pacific Motorway (M1) and Gateway Motorway.
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 3,367 properties. Over the last 5 years, Houses in Underwood have seen a 84.12% increase in median value, while Units have seen a 107.50% increase. As at 31 December 2024:
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