29 Springwood Road Underwood QLD 4119

3 / 1 / 3 / 807 m2

Here you can find what you need to know about 29 Springwood Road , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Underwood, QLD and much more.

Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119
Property photo of 29 Springwood Road Underwood QLD 4119

Property Insights

29 Springwood Road Estimated Value

$494,000 - $591,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
High confidence estimate
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Last sold for $510,000 on 09/09/2015

Sale Type: Normal Sale

Mortgage
Repayment
$424 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Estimated
Gross Yield
High confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 3
Bathrooms 1
Car Spaces 3
Land Size 807 m2
Floor Area -
House Type House: One Storey / Lowset
Council Area Logan City
Year Built n/a
Zone RESIDENTIAL 600 (4600)
Lot/Plan 223/RP119972 Underwood QLD
Property Type House

Last listing description (August 2020)

ATTENTION LAND BANKERS, DEVELOPERS, BUILDERS and INVESTORS. Where are you?
This is it "20.2 X 40m = 807m2 lot will allow up to 5 storeys of development subject to LCC approval. This property MUST BE SOLD. Submit all offers". What a fantastic opportunity to secure one of the best locations right here in the heart of UNDERWOOD.

Where would you find a property suitable for redevelopment purposes.

Feature List:
* This lowset family home is in good condition
* Three decent size bedrooms
* One bathroom plus a separate toilet
* Neat and Tidy kitchen
* Reverse Cycle Split System Air Conditioner
* Spacious open plan design
* Patio and under cover a large private backyard ideal for relaxation
* One car/single garage plus single carport with easy access for secure entry to your property
* The property is currently tenanted

Excellent infrastructure:
* 1 - 5 minutes walk to Brisbane City bus # 554, 574, 575, 576, 577, 578, 579 & 586
* 2 minutes walk to Logan North Aquatic Centre and Library
* 3 minutes walk to McDonald's Springwood, shopping centre, cafes and restaurants
* 7 minutes walk to Springwood Shopping Mall, shopping strip featuring boutique stores and restaurants
* 9 minutes walk to Childcare Centres
* 10 minutes walk to Springwood Road State Primary School CATCHMENT
* 1.8km to Springwood State High School CATCHMENT
* 6.4km to Westfield's Garden City Shopping Centre
* 18.5km to the Brisbane City (CBD)
* 27.5km to Brisbane Airport
* 55.8km to the GOLD COAST Surfers Paradise
(All distances are approximate)

Situated in a convenient location with easy access and a short walk to Schools, Shops, City bus, Aquatic Centre, Library, close to Mount Gravatt and Griffith Universities.

Hurry before it's going...going...SOLD.
Call the exclusive agent Chhay Lim now on 0412 011 997 for an inspection.


Disclaimer: We have in preparing this disclosure used our best endeavours to ensure that the information contained herein is true and accurate. No responsibility will be accepted for any and all liability in respect of errors, omissions, Photos, inaccuracies or misstatements. Buyers are responsible to carry out their own research.

Property Timeline

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State Auction Clearance Rates - August 2020

Auctions Clearance rate
QLD 122 45%
ACT 41 73%
NSW 542 65%
NT 5 60%
SA 30 70%
TAS 0 0%
VIC 256 73%
WA 11 18%

Suburb Insights

Underwood, QLD 4119

No data available Part of: Logan Council

Get neighbourhood info and insights with our Suburb Profile

View Underwood Suburb Profile View properties in Underwood

Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 29 Springwood Road, including the property sale history and estimated market value as well as insights into Springwood Road and Underwood 29 Springwood Road Underwood QLD 4119