10 Brisbane Cres, Deception Bay QLD 4508
10 Brisbane Cres, Deception Bay QLD 4508
4 bed family home | 630m² lot with 4 car spaces | 0.5km to high school | no overlays | 1995 build
This house presents a competitively strong offering for a family seeking space and convenience, anchored by its large block, multi-car accommodation, and direct walkability to both primary and high schools. The absence of bushfire or flood overlays removes a significant due diligence hurdle and insurance complexity, while the 48% building coverage preserves usable yard space. It serves the established owner-occupier best, providing a functional layout with an ensuite and solar panels contributing to liveability.
The decision hinges on the 1995 build requiring a meticulous building inspection for latent defects, with renovation potential offset by immediate capital outlay. The limited comparable sales data on the street introduces pricing ambiguity; proceed only with a buyer’s agent to leverage the three-day listing period and negotiate against the agent’s recent comparable at 3 Brisbane Cres. Secure it as a long-term hold to amortize transaction costs and capture suburban consolidation.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Brisbane Cres, Deception Bay QLD 4508
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
2
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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
4
Bathroom
2
Parking
4
Land
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