Underdale shows solid investment fundamentals worth investigating further. With a vacancy rate of just 0.7%, rental properties in Underdale are being absorbed rapidly by tenants — a clear signal of demand significantly exceeding supply. Days on market at 26 days suggest reasonable market activity.
Steady price growth of 9.5% over the past 12 months indicates a stable market with moderate appreciation. With a rental yield of 5.5%, income returns are above the national average. Building approvals in the area have declined 2% over the past 12 months, limiting future supply and supporting property values.
PropTime's composite model scores Underdale at 76/100, indicating good signal fundamentals with some factors to monitor.
Underdale is particularly suited to cashflow-focused investors. The 5.5% rental yield is above the national average, offering solid income potential.
Based on PropTime's analysis of 15 demand and supply indicators, Underdale scores 76/100 — a Good Signal signal. Key indicators include a 0.7% vacancy rate, 5.5% rental yield, and 9.5% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Underdale data.
The current vacancy rate in Underdale is 0.7%. This is below 1%, indicating very tight rental demand. Properties are being leased quickly and tenants are competing for available rentals.
The gross rental yield in Underdale is 5.5%. The Australian national average is approximately 4.5%, so Underdale is above average — a positive sign for cashflow investors. Use PropTime's free cashflow calculator to model the full weekly cashflow for Underdale.
PropTime's composite model scores Underdale at 76/100 as of May 2026. Price growth of 9.5% over the past 12 months reflects current market conditions. Create a free PropTime account to access the full 15-factor analysis for Underdale.
Underdale scores 76/100 on PropTime. Similar suburbs by score include Murray Bridge, Modbury Heights, Elizabeth East, all within the same SA market.