OFF MARKET

5/1 Welch Street
Underwood QLD 4119

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 75m2
Land area: 640m2
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Last updated 11 Nov 2024
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Property Details for 5/1 Welch St, Underwood

5/1 Welch St, Underwood is a bedroom, bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 640m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1994
Floor Size
75m2
Land Size
640m2
Local Government
Logan City
Lot/Plan
5/BUP4154

Last Listing description (March 2019)

GROUND LEVEL OFFICE
* 75m2 of quality office/ showroom space
* Located in thriving complex

* Air-conditioning
* Priced to lease
Quality office area located on the Logan Road Service Road. Ground level tenancy which is air-conditioned, great fit out a must see. Available immediately.
Call now for an inspection!!!

Property History for 5/1 Welch St, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$286,000
02 Dec 2021
Listed for Rent
$364/w
06 Dec 2021
  • 02 Dec 2021
    Sold for $286,000
  • 13 Mar 2019
    Listed for Rent $10,000 / year
  • 07 Feb 2018
    Listed for Rent $10,000 / 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 3,341 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.