1/2 Tyler Place, Deception Bay QLD 4508
1/2 Tyler Place, Deception Bay QLD 4508
Corner block, park frontage | Converted garage as flex room | Ducted AC and solar | Quiet street, growth corridor
The corner-block positioning with a park opposite gives this villa a rare spatial advantage in Deception Bay,most comparable properties lack this openness and privacy. The converted garage creates a genuine fourth living zone, which broadens the buyer pool to include remote workers, families needing a media room, or investors seeking higher rental appeal. Ducted air conditioning and solar panels reduce holding costs meaningfully, and the 2008 build avoids the maintenance baggage of older stock. This property suits owner-occupiers wanting move-in convenience or investors chasing a 3.5% yield in a corridor where median prices have risen 20% annually.
The main risk is the 513m² lot on a corner block,usable yard is tighter than a standard house, which may limit appeal to tradie buyers or those wanting a large shed. The Domain size discrepancy (993m² vs 513m²) needs verification before exchange; a survey check is prudent. No flood or bushfire overlays reduce insurance friction. The opportunity lies in the suburb’s upward trajectory,232 sales this year with 69% clearance suggests demand is absorbing supply. Hold for capital growth or rent at $610+/week for a 3.5% gross yield, which is solid for a low-maintenance villa in a growth corridor.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/2 Tyler Place, Deception Bay QLD 4508
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Deception Bay is a middle-income suburb with strong demand from buyers and renters, evidenced by houses selling in 15-19 days and robust rental growth. Recent price growth is high, with median house values rising 10-15% annually. Key drivers include its active sales market and proximity to amenities, though affordability constraints and rate sensitivity present risks given current price levels.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
-
Land
513m²
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