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Suburb profile

Underwood TAS 7268

Underwood is located in the Launceston and North East Tasmania region of Tasmania, postcode 7268. It has 216 properties across 18 streets, almost all houses. Explore every street in Underwood, its property history, homes for sale and rent, who lives there, and the local agents.

About Underwood

Underwood, TAS 7268, sits in the Launceston and North East Tasmania region and neighbours Lilydale, Rocherlea, Lisle and Dilston. Its 18 streets hold 216 properties, 215 of them houses and 1 a unit.

Census figures are for the Dilston - Lilydale area, which has 4,354 residents, a median age of 46 and an average household of 2.6 people. Median household income is $1,580 a week, the median mortgage repayment $1,365 a month and the median rent $260 a week. Of 1,562 dwellings, 1,553 were separate houses, 4 semi-detached and 4 other; 735 were owned outright, 645 owned with a mortgage and 129 rented.

Updated October 2026

Who lives in Underwood

  • 4,354Peoplelive in the area
  • 46Median ageyears
  • $1,580Median household incomea week
  • $260Median renta week

Homes by type

  • Houses1,553
  • Townhouses and semis4
  • Other4

Household

  • Median mortgage repayment$1,365a month
  • Household size2.6people on average

How homes are held

Owned outright 735Owned with a mortgage 645Rented 129Other 53

Streets in Underwood

  1. Barnards Road8 properties
  2. Blyths Spur1 property
  3. Brown Mountain Road22 properties
  4. Camerons Road11 properties
  5. Cherry Farm Road20 properties
  6. Garcias Road4 properties
  7. Glenford Farm Road4 properties
  8. Goullees Road17 properties
  9. Hollybank Road3 properties
  10. Lilydale Road54 properties
  11. O'Tooles Road3 properties
  12. Pipers River Road4 properties
  13. Powers Road5 properties
  14. Prossers Road10 properties
  15. Ryans Road5 properties
  16. Underwood Road26 properties
  17. Whites Mill Road16 properties
  18. Wulfs Road3 properties

Neighbouring suburbs

Addresses and streets incorporate or were developed using G-NAF © Geoscape Australia, licensed by the Commonwealth of Australia under the Open Geo-coded National Address File (G-NAF) End User Licence Agreement.

Population and housing figures are drawn from the Australian Bureau of Statistics, Census of Population and Housing 2021, licensed under Creative Commons Attribution 4.0 International.

Area summaries are generated from the national address file and ABS Census data, and checked against those figures before publication.