23 Seagrass Street, Deception Bay QLD 4508
23 Seagrass Street, Deception Bay QLD 4508
Near-new 4-bed family house | cul-de-sac backing acreage | low-maintenance 349 m² block | 4-car parking, media room | compact land limits outdoor space
Presented as a near-new 2023 build with fresh paint and new carpet, the property is move-in ready. Its end-of-cul-de-sac position with acreage behind is noted for providing a quiet rear outlook, a genuine advantage in a newer estate. Four bedrooms, two bathrooms, separate living and media zones, a walk-in pantry, and a covered outdoor entertaining area are offered for family living. Four car spaces are covered between the double garage and off-street parking. In a suburb where much of the housing is older and set on larger lots, this compact modern house is positioned as a lower-maintenance alternative, best suited to owner-occupier families and upgraders.
The 349 m² land parcel may be seen as limiting outdoor space and extension options, narrowing appeal for buyers wanting a large backyard. School proximity is expected to support ongoing family demand, while the acreage backing might preserve the rear outlook and reinforce value. Buyers may also weigh the lack of dual-living potential seen in some nearby estate housing.
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Seagrass Street, Deception Bay QLD 4508
Checks found:
Value Risk
Liquidity Risk
2
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: 42 Seagrass Street, $870K; 28 Seagrass Street, $980K | Property Price Band: $900K–$1M | Value Drivers: near-new condition, cul-de-sac with acreage outlook, four-car family layout
Bedrooms
4
Bathroom
2
Parking
4
Land
349m²
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