Back 23 Caloma Street
Off Market

23 Caloma Street

Underwood QLD 4119

3
2
6
House
Last sold for $1,600,000
Mani GhaiMani Ghai, last sold this property on 04 December 2025 after 51 days on market.

Overview

Suburb Record for a 3-Bedroom House - Sold by Mani Ghai & Team at Belle Property Rochedale | 0422 686 427

Positioned in one of the area's most desirable and well-connected locations, this expansive 1,376sqm property presents an outstanding opportunity for developers, investors, homebuyers, or those looking to land bank for the future. Zoned for Low to Medium Density Residential use (STCA), it offers excellent potential for a boutique townhouse or unit development, while also appealing to those seeking a spacious family home and renovation upside. Whether you're planning an immediate project or securing a prime site for long-term growth, this property delivers exceptional value and flexibility in a high-demand area. This classic tri-level brick residence stands proud on a wide street, surrounded by quality homes and established gardens. The home is ready to enjoy as is, yet also invites updates or transformation to suit your vision. Inside, the upper level features a generous open-plan lounge and dining area with polished timber floors and a leafy outlook. The functional kitchen offers ample bench space and cabinetry, with easy access to the covered rear deck – a perfect space for relaxed outdoor living. Three large bedrooms with built-in wardrobes are serviced by a family bathroom with separate shower, bathtub, and toilet. Downstairs, a flexible lower level includes three multipurpose rooms (two with built-ins), ideal for extended family, home office or dual-living arrangement. A second bathroom, separate toilet, and large laundry complete the space. The huge backyard is private, level, and fully fenced, with mature landscaping and a large storage shed – offering plenty of space for kids, pets, or development (STCA). Key features: * Zoning for Low–Medium Density Residential Development: Ideal for developers seeking to build townhouses, duplexes, or multi-unit dwellings (subject to council approval), this zoning supports increased residential density in a well-connected area. * Perfect for Boutique Development or Land-Banking: Whether you're looking to capitalise immediately on development potential or secure a prime parcel of land for future appreciation, this property caters to a wide range of investment strategies. * Classic Tri-Level Brick Home with Renovation Potential: The existing dwelling offers generous proportions across all levels, providing a solid base for renovation or redesign to suit modern living. * Spacious Covered Rear Deck and Expansive Backyard: Enjoy year-round entertaining on the covered deck overlooking a large, level backyard-ideal for families, pets, or future development access. * Ample Storage and Ceiling Fans Throughout: Functional features like built-in storage spaces and ceiling fans enhance everyday comfort and liveability. * Excellent Street Frontage in a Premium Location: Boasting a wide and appealing frontage, the property offers strong street presence in a highly desirable suburb, enhancing both development potential and future resale value. Prime Location: * Minutes to Underwood Marketplace Shopping Centre * Close to quality local schools and early learning centres * Less than 25 minutes to Brisbane CBD and under 10 minutes to Westfield Garden City * Quick access to the M1 and M3 for effortless travel to Brisbane, the Gold Coast, and beyond-plus public transport * Just steps away with nearby bus stops and new bus way station for added convenience Enjoy the convenience of being just minutes to the Pacific and Gateway Motorways, offering seamless access to Brisbane CBD, Gold Coast, and Brisbane Airport. Underwood Marketplace, local cafes, parks, and public transport are all nearby. School catchments include Eight Mile Plains State School and Rochedale State High School, with top-tier private options such as Redeemer Lutheran College also within easy reach. Rarely do properties of this size and zoning become available in such a prime setting. Whether you're looking to develop, renovate, or simply secure a blue-chip piece of real estate, this is the one. DISCLAIMER: In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own counsel and financial inquiries to verify any information contained herein. This property is being sold without a price; therefore, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. The furniture and décor seen in the images may be virtual representations, intended to provide a visual example of the property's possibilities. Actual conditions may vary.

Features

3 bedrooms
2 bathrooms
6 carspaces
6 open car spaces
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Underwood over the last 12 months, the estimated median property value of 23 Caloma Street is $1.07m.

Median value
$1.07m
Estimated value range
$750k - $1.6m
Median days on market
26
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Underwood. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 23 Caloma Street

2025
Sold
$1,600,000
Private Sale/Treaty on 04 Dec 2025 by Mani Ghai, of Belle Property Rochedale
2023
Rented
Undisclosed
Leased on 20 Apr 2023 by Ray White Rochedale

Happy sellers in Underwood

93%
93% of sellers in Underwood reported that their sale price either exceeded or met their price expectations.

Underwood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 52 reviews in Underwood over the last 12 months.

Local market activity for 3 bedroom houses in Underwood

In the last 12 months, 26 three-bedroom houses similar to 23 Caloma Street, have been sold.

This represents a 33% increase in three-bedroom houses sales when compared to the previous 12 months.

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