4 Pidgeon Drive, Deception Bay QLD 4508
4 Pidgeon Drive, Deception Bay QLD 4508
3-bed house on 620m² | 2-bath 2-car current profile | Established bayside pocket | Family-oriented demand | Improved stock likely
The property presents a solid family configuration with three bedrooms, dual bathrooms, and two-car parking on a mid-sized 620m² block—a layout that comfortably outperforms the simpler older stock found elsewhere in this street. This suggests a house that has likely been updated or maintained to a higher standard than the original 3/1/1 designs common in the area. It sits in a peaceful, established part of Deception Bay where detached homes on generous lots are the norm, making it particularly well-suited to owner-occupiers and families seeking yard space, parking, and room to grow without moving to a newer estate. The land size alone gives it practical appeal for those wanting outdoor living, storage, or future additions.
The value picture may depend heavily on the actual condition and quality of any renovations, as the street contains a mix of original and upgraded homes. A well-presented interior, modern kitchen or bathroom, and good outdoor flow could push it toward the upper end of local expectations, while dated finishes might cap interest from discerning buyers. The inconsistency in recorded bathroom and parking counts means a buyer should verify the true layout during inspection. Proximity to schools, local shopping, and access to North Lakes adds lifestyle convenience, but the property is unlikely to command a premium beyond what its physical presentation and land justify.
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Pidgeon Drive, Deception Bay QLD 4508
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
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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: 43 Pidgeon Drive sold mid-2025 around $900k; 17 Pidgeon Drive estimated $850k–$920k | Property Price Band: $850k–$950k | Value Drivers: renovation quality, land size, dual-bathroom layout, street location
Bedrooms
3
Bathroom
2
Parking
2
Land
620m²
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