90 Phillip Parade, Deception Bay QLD 4508

90 Phillip Parade, Deception Bay QLD 4508
3 beds, 2 baths, 675m² | Pool and covered entertaining | Near waterfront and schools | Family-oriented street | Double garage with internal access This house offers a practical family layout with three bedrooms, two bathrooms, and a double garage with internal access. The 675m² block provides room for children and pets, while the pool and covered outdoor entertaining area extend the living space. Its position near the Deception Bay foreshore, within minutes of schools and retail, makes it a strong option for owner-occupiers seeking a balanced suburban lifestyle. The property sits comfortably within the established housing stock of the area, appealing most to families or those wanting a move-in-ready home with outdoor amenity. The value of this property may be shaped by its land size and the quality of its presentation, both of which are above average for the immediate area. The absence of stated build year or construction details means a buyer should verify structural condition through inspection. The pool adds lifestyle appeal but may require ongoing maintenance. Proximity to the waterfront and transport links could support resale demand, though the property does not appear to offer water views. The functional kitchen and multiple living zones are practical, but not exceptional, so the price should reflect standard finishes rather than premium upgrades.
Detailed Independent Property Report prepared  by PropCred Analyst team for 90 Phillip Parade, Deception Bay QLD 4508
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Deception Bay is a mid-priced Brisbane fringe suburb where demand is led by middle-income service and trade workers, reflected in quick house sales of 15–19 days and strong renter appeal—house rents have grown 9.4% and unit rents 13.1%. House prices have climbed 10.3–14.9% to $790,000–$820,000, while units rose 16.7–44.9% to $529,000–$630,000, with yields of about 3.6–4.0% for houses and 3.4–4.6% for units. Sales volume of 342 houses confirms active buyer interest, and proximity to key amenities supports ongoing demand. Risks sit with affordability: median prices test middle-income budgets, and double-digit growth increases rate sensitivity, while limited supply—21 properties listed and 87 unit sales annually—keeps conditions tight.
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PropCred Estimated Value

Comparable Sales: 38 Bermuda Ave sold recently—similar size, lower spec | Property Price Band: $700K–$800K | Value Drivers: land size, pool and outdoor area, proximity to foreshore and schools

Bedrooms

3

Bathroom

2

Parking

2

Land

675m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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