Real Estate & Finance

Property Report & Market Data In Underbank

Secure properties for sale and find the perfect house or unit to fit your budget. Property Market Data, House Prices, Investment Data & Full Suburb Profile

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Average Market Value In Underbank

Discover an accurate property market values with Cockatoo’s expert guidance.

Property values in Underbank and broader Bacchus Marsh have experienced moderate growth over the past year, driven by demand for lifestyle and affordable community estates near Melbourne. Market conditions indicate ongoing strength, particularly in detached housing.

670000

Median House Price

2.5 %

House Price Growth

470000

Median Unit Price

1.2 %

Unit Price Growth

Sales Trends In Underbank

Stay ahead of the fast-moving sales trends around Underbank

2024 sales activity has been steady with moderate growth in prices, low inventory, and balanced days on market. Vendor discounts have slightly decreased, reflecting a competitive market.

153

Total Houses Sold

32

Total Units Sold

36

Days On Market (Houses)

3.9

Vendor Discount

Local Population Movement In Underbank

Learn who is moving in and out of Underbank! Is it on the rise or decline?

The region has seen steady in-migration from Melbourne, with families and professionals seeking more space and affordable properties. The population is growing slowly but steadily as new stages of Underbank are released.

24717

Population Size In Underbank

1.1

Population Growth In Underbank

35-44

Dominant Age Group InUnderbank

Couples with children

Household Types In Underbank

Market Decline or Growth Indicators For Underbank

Learn who is moving in and out of Underbank! Is it on the rise or decline?

The market is showing mild but positive growth, with low inventory and consistent sales activity indicating a seller-friendly environment. Days on market remain moderate, and vendor discounting is relatively low.

2.5

Annual Price Growth In Underbank

185

Sales Activity Rate In Underbank

2.8

Average Stock Inventory Time InUnderbank

Rental Yields and Demand In Underbank

Find out if this is a good investment opportunity buying real estate in and around Underbank

Yields remain attractive compared to metro Melbourne, with new rentals quickly absorbed, supporting ongoing investor interest.

153

Total Houses Sold

32

Total Units Sold

36

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.9

Vendor Discount

Affordability and Finance Options For Underbank

Home Loans: Financing Your Dream Home In Underbank. Get Pre-Approved Today.

153

Total Houses Sold

32

Total Units Sold

36

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.9

Vendor Discount

Lifestyle and Amenities In and Around Underbank

Underbank Lifestyle: Why Live Here

Underbank offers a peaceful, semi-rural lifestyle with easy access to parks, modern amenities, and the nearby township of Bacchus Marsh. Residents benefit from community spaces and natural reserves while enjoying proximity to schools, shopping, and recreational facilities.

3

Parks Count

1

Suburb Area

49

Distance To CBD

Property Type Breakdown Underbank

Underbank Properties: Houses vs. Units

153

Total Houses Sold

32

Total Units Sold

36

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.9

Vendor Discount

Underbank Suburb Information

Underbank Suburb Stats

State: Victoria

City: Bacchus Marsh

Population: 24,717 (Bacchus Marsh area, 2023 est.)

Postcode: 3340

Free Property Appraisal In Underbank

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