SOLD
Sold on 17 Mar 2024 for $1,000,000

19 Bernice Avenue
Underwood QLD 4119

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 287m2
Land area: 809m2
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Property Details for 19 Bernice Ave, Underwood

19 Bernice Ave, Underwood is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 809m2 and floor size of 287m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Underwood in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
287m2
Land Size
809m2
Local Government
Logan City
Lot/Plan
274/RP119971

Last Listing description (September 2022)

Conveniently located within walking distance to Underwood Marketplace including a variety of local shops and dining options along Logan Road, 19 Bernice Avenue, Underwood presents a once-in-a-lifetime opportunity for astute investors seeking to land bank, lease out or develop amongst established and increasingly popular properties in the esteemed Underwood locality.

Set on a massive 809sqm leveled block which boasts a wide 19.7 meters frontage by 40.3 meters depth, this original three bedroom, one bathroom home is in very presentable condition and would be suitable to rent out until you've got your plans underway.

HOME FEATURES:

- Three Bedrooms + Rumpus | Ceiling Fans | Split System Air Conditioning

- Centralized Bathroom | Shower | Bidet

- Multiple Living Spaces | Split System Air Conditioning

- Outdoor Rear Undercover Patio Area
- Water Tank | Garden Shed

- Single Lock Up Garage

- Solid Single Level Brick Construction

- Generous Backyard Area

- Quiet Cul-De-Sac Location

Set in a premier location of Underwood, that has the luxury of being within walking distance to all of the outstanding amenities of this area, blessed with accessible transportation or commute via both the Pacific and Gateway motorway, quality schools including Springwood State School, Faith Christian School of Distance Learning and Eight Mile Plains State School as well as backing on to a tranquil residential street that has seen huge reformation; with many original houses being replaced by high-end homes - forever changing the landscape of this area.

19 Bernice Avenue, Underwood presents endless possibilities - classified within the medium density apartment zoning (MDR) which may accommodate several potential ventures ie. Motel/Hotel, Childcare Centre, Community Aged Care Facility, Health Care Service Centre, Mixed Residential/Commercial Apartment Blocks (STCA).

Obtain rental income to offset the holding cost, demolish and develop the land or land bank for future prospects, the choice is yours!

*Currently Leased @ $450pw

Our instructions are clear - this property must be SOLD! To ensure that you do not miss out on this opportunity, register your interest today.

Property History for 19 Bernice Ave, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$1,000,000
17 Mar 2024
Listed for Rent
$420/w
19 Aug 2019
  • 17 Mar 2024
    Sold for $1,000,000
  • 28 Jun 2022
    Listed for Sale FOR SALE
  • 25 Jul 2019
    Listed for Rent - Price not available
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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 3,341 properties. Over the last 5 years, Houses in Underwood have seen a 84.03% increase in median value, while Units have seen a 100.54% increase. As at 31 October 2024:

  • The median value for Houses in Underwood is $1,069,895 while the median value for Units is $641,614.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 35 properties listed for sale, and 18 properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Underwood.

Suburb Insights for Underwood 4119

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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.