2 Malone Place

Underwood QLD 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 3,367 properties. Over the last 5 years, Houses in Underwood have seen a 86.60% increase in median value, while Units have seen a 108.16% increase. As at 31 January 2025:

• The median value for Houses in Underwood is $1,118,262 while the median value for Units is $694,273.
• Houses have a median rent of $700 while Units have a median rent of $540.