UNDERWOOD
Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.
Median price
Est.—
no recent data
Rent yield
Est.—
modelled estimate
Annual growth
Est.1.8%
modelled estimate
Vacancy rate
Est.1.7%
modelled estimate
AI insights for UNDERWOOD
Investment analysis, risks & comparisons
UNDERWOOD shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
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Median rent
$250/wk
weekly
Demand change
+1.7%
annual shift
Yield × growth index
—
combined signal
Net yield (est.)
5.13%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+5.6%
est. compound, long-run avg
10-yr growth (CAGR)
+4.5%
est. compound, long-run avg
Rental demand
47 / 100
Moderate demand
Supply pipeline
Est.0.3%
new dwellings approved / stock · Modelled estimate
Low supply pressure
5-year price history
No price history available.
Market overview
UNDERWOOD is a TAS suburb offering lower rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.
Highlights
- Access to national transport network and amenities
Risk factors
- Below-average growth — limited capital appreciation signal
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$1,410/wk
$30k taxable p.a.
Renters
10.8%
85.0% owner-occupier
Median age
46.0 yrs
Unemployment
4.8%
Population growth
+0.1% p.a.
Investor-owned
12.0%
of all dwellings (ATO)
Houses
91%
4% apartments
Degree qualified
9.2%
bachelor's or higher (ABS)
Work from home
8.3%
of employed residents (ABS Census)
Median lot size
1.2 ha
Large block
Household size
2.6 persons
avg per dwelling (ABS Census)
Short-term rental
2.2%
Mostly long-term tenants
Market activity
Distance to CBD
172.8 km
Regional
Days on market
61 days
Slower market
Auction clearance
18.3%
Buyer's market
Walkability
16 / 100
Car-dependent
Coastal proximity
93.8 km
Inland
NBN technology
FTTCGood — fibre to curb
Population density
103/km²
Low density
Schools in postcode 7268
📚Combined (1)
Government · Yrs K-12 · Outer Regional
ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.
Liveability & safety
School quality
Below average1 school in postcode area
Source: ACARA My School 2025
Transit access
Car-dependentSource: State GTFS feeds
Gentrification signal
9
/ 100
Established suburb with stable demographics. Consistent demand but lower gentrification upside.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
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