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Sold on 08 Feb 2024 - Price Unavailable

9/1-5 Cascade Drive
Underwood QLD 4119

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 143m2
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Property Details for 9/1-5 Cascade Dr, Underwood

9/1-5 Cascade Dr, Underwood is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a land size of 143m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Townhouse sold in Underwood in the last 12 months.

Building Type
Townhouse
Land Size
143m2
Local Government
Logan City
Lot/Plan
9/SP198722

Last Listing description (February 2024)

Discover an exceptional opportunity with substantial investment potential. Presenting itself in the coveted area of Underwood, this 3-bedroom, 2-bathroom townhouse is now available to purchase. Positioned in close proximity to essential amenities, this property is an enticing prospect for astute investors seeking a secure and reliable investment.

Key Features on the Ground Floor:

- Spacious open-plan kitchen, living, and dining area.

- Single-car garage.
- Private paved courtyard.
- Modern bathroom.
- Large master bedroom with ceiling fans and air conditioning.

Upper Floor Highlights:

- Two guest bedrooms with built-ins, ceiling fans, and air-conditioning.
- Second bathroom.
- Open area perfect for a study.

Complex Amenities:

- Secure gated complex with onsite management.
- Spacious in-ground pool.
- Visitor parking.

Investor Information:
- Lease: 09/08/23 to 06/08/24
- Rent: $450 per week
- Rental Appraisal: $560 - $600 p/w
- Council Rates: roughly $950 pq
- Body Corp: roughly $63.27 p/w

This townhouse ticks all the boxes and is poised for a quick sale. Its close proximity to Underwood Marketplace, featuring Woolworths, Big W, a doctor, butcher, pharmacy, coffee shops, and more, ensures convenience within a short walk. This time-sensitive opportunity demands prompt action. To ensure you don't miss out, contact Michael now at 0490 454 784.

Property History for 9/1-5 Cascade Dr, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
08 Feb 2024
  • 25 Jan 2024
    Sold for $545,000
  • 16 Jan 2024
    Listed for Sale Contact Agent
  • 16 Sep 2010
    Sold for $394,500

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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, 175 properties were sold in the past 12 months in Underwood.

Suburb Insights for Underwood 4119

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Contact agent
Michael Auton
Show contact details
Ray White Beenleigh
Preferred contact:
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.