Underwood

QLD 4119

Underwood is a suburb in Logan City, about 18 kilometres from the Brisbane CBD. Logan Road and Compton Road provide the main commercial and transport connections, with the Logan Motorway shaping the suburb's boundary and the Pacific Motorway providing access to the wider region.

Underwood has an office and consulting market, with warehouses and factories, medical or consulting suites and office suites and floors across a mixed suburban employment area. Woodridge, Rochedale South and Springwood are nearby comparisons.

57

Active lease listings

commercial properties

$39,900

Median annual rent

asking rent across all listings

91

Median days on market

across all active listings

Lease rate trend

$259/m² p.a.

Median advertised rate

Up 23.3%

Change over 12 months

$231202420252026$280$181Jan 2023Sept 2026

Indicative only: advertised rates across all commercial listing types and sizes in Underwood. Drill down to individual listings in MarketBuddy

Listings by sector

20

Medical / Consulting

active lease listings

18

Industrial, Warehouse and Factories

active lease listings

15

Offices

active lease listings

3

Retail and Shops

active lease listings

1

Land and Developments

active lease listing

Want to know more?

Explore commercial property insights for Underwood in MarketBuddy.

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Last updated 5 September 2026