35 Osborne Terrace, Deception Bay QLD 4508
35 Osborne Terrace, Deception Bay QLD 4508
3 bed, 2 bath, 1 car on 405m² | Waterfront-adjacent established street | Recently subdivided block | Family and investor appeal | Older housing character
A three-bedroom, two-bathroom house with one car space is offered on a 405 square metre lot within an established bayside strip known for its easy access to the waterfront and a relaxed, low-rise suburban character. The footprint is considered practical for a small family or an investor seeking a coastal-lifestyle property with renovation upside. The recent subdivision context has been formalised for the current use, and the mix of older housing in the immediate area means this address is viewed as a more complete family configuration than much of the neighbouring stock. Buyers who value a short walk to the foreshore, a manageable yard, and a property that responds well to cosmetic improvement are best served by this type of offering.
The true condition of the interior and any unapproved alterations may materially affect the price a buyer is prepared to pay. The possibility of a flood overlay in the broader street context might influence insurance costs and lending appetite, though this is not confirmed for this specific address. The configuration of the lot and its orientation in relation to afternoon sun and prevailing breezes may also shape perceived value. Buyers should weigh the potential need for updating versus the benefit of a relatively low entry point into a waterfront-adjacent pocket.
Detailed Independent Property Report prepared by PropCred Analyst team for 35 Osborne Terrace, Deception Bay QLD 4508
Checks found:
Value Risk
2
Liquidity Risk
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: 72 Osborne Terrace (2-bed, 1-bath, 396m², sold ~$650k) and 36 Osborne Terrace (405m² land, sold ~$550k) | Property Price Band: $600k–$700k | Value Drivers: condition, block layout, waterfront proximity
Bedrooms
3
Bathroom
2
Parking
1
Land
405m²
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