56 Board Street, Deagon QLD 4017
56 Board Street, Deagon QLD 4017
Character-led 1950s house | park-backed position | compact 405m² block | renovated interiors | strong transport access
This property competes on character and convenience rather than size. The renovated 1950s form, with high ceilings, timber floors and modern kitchen and bathroom, gives it a finished quality that many Deagon houses lack. The fully fenced 405m² block with dual access and direct park backing offers private outdoor living and practical storage, which suits buyers wanting low-maintenance character housing close to Sandgate Village, Deagon station and the foreshore. It serves best as a turnkey home for owner-occupiers—couples, small families or downsizers—who value walkable amenity, green space and a short commute to the airport or city.
The compact land size may cap its upside compared to larger blocks on the street, though the renovation quality and park frontage could offset that in buyer appeal. The dual access and powered shed add functional value for those with vehicles or hobbies. Market conditions appear steady but not fast-moving, so a buyer might have room to negotiate, particularly if the property has been listed for a while. The park adjacency is a genuine differentiator, but its value depends on how the buyer weights outdoor amenity against land area.
|| Comparable Sales: renovated 2-bed park-backed house nearby sold near $950K; larger 3-bed block on same street traded around $1.05M | Property Price Band: $900K–$1.0M | Value Drivers: renovation quality, park frontage, compact land size, transport access
Detailed Independent Property Report prepared by PropCred Analyst team for 56 Board Street, Deagon QLD 4017
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Deagon, on Brisbane’s northern bayside, offers train and bus links to the CBD. Demand is underpinned by a high proportion of purchasers, a significant share of couples with children, and a notable over-55 cohort, across professional, clerical, trade and managerial occupations. House prices have climbed 18.5% over the past year to a median of $945,000, with units up 20.75% to $241,500. Houses sell in a median 20 days, supported by 86 annual sales, while gross rental yields sit at 3.62% for houses and 4.76% for units. Strong capital growth underpins future demand, but the elevated house price, modest yield buffer and moderate sales volume leave the market sensitive to interest-rate shifts.
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PropCred Estimated Value
Comparable Sales: renovated 2-bed park-backed house nearby sold near $950K; larger 3-bed block on same street traded around $1.05M | Property Price Band: $900K–$1.0M | Value Drivers: renovation quality, park frontage, compact land size, transport access
Bedrooms
3
Bathroom
1
Parking
1
Land
508m²
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