SOLD
Sold on 10 Jan 2024 for $820,000

5 Rio Court
Underwood QLD 4119

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 158m2
Land area: 501m2
Sold By
Hayden Molloy
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Property Details for 5 Rio Ct, Underwood

5 Rio Ct, Underwood is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 501m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Underwood in the last 12 months.

Building Type
House
Year Built
2002
Floor Size
158m2
Land Size
501m2
Local Government
Logan City
Lot/Plan
558/SP128005

Last Listing description (March 2024)

Discover the perfect blend of comfort and convenience in this spacious 4-bedroom, 2-bathroom gem nestled in a quiet cul-de-sac on a generous 501m2 block. Whether you're looking for a home to move into immediately or eyeing a lucrative investment opportunity, this property has it all!

Key Features:
- 4 Bedrooms, 2 Bathrooms, 2 Car Garage

- Vacant and ready for you to move in
- Tranquil location with nearby parks
- 7-minute drive to the Pacific Motorway
- Quick access to Brisbane CBD (20 mins) and Gold Coast (45 mins)

Shopping and Dining:
Experience the ultimate convenience with Underwood Marketplace Shopping Centre just a 5-minute drive away. Explore a plethora of shopping and dining options, ensuring everything you need is at your fingertips.

Transportation Hub:
Commute effortlessly with Kuraby Train Station only 6 minutes drive away. Enjoy quick and easy access to major transportation routes, making your daily travels a breeze.

Education Hub:
Nurture the minds of your loved ones with esteemed schools in close proximity:
- Springwood State High School (4.2km)
- Calvary Christian College (4.8km)
- John Paul College (7.1km)

Investment Opportunity:
Seize the opportunity for a fantastic investment with a current rental appraisal ranging from $670 to $710 per week. A home that not only provides comfort but also promises a lucrative return on investment.

Contact Us:
Have any further questions or would like to schedule an inspection?
Please feel free to reach out to Hayden Molloy via 0466 338 382

Property History for 5 Rio Ct, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$820,000
10 Jan 2024
Listed for Rent
$450/w
01 Sep 2017
  • 10 Jan 2024
    Sold for $820,000
  • 22 Nov 2023
    Listed for Sale SOLD by Hayden Molloy Properties
  • 17 Jul 2017
    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 3,348 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.

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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.