40 Cairns Cres, Deception Bay QLD 4508

40 Cairns Cres, Deception Bay QLD 4508
Quiet pocket | 642sqm | side access | price gap to comparable | post-2000 build standard The asking range sits below the $1,363,000 comparable at 21 Cairns Crescent, reflecting a 642sqm block versus 807sqm. That gap is not fully explained by size alone โ€“ check for any easements or driveway width restrictions that could block side-access use for boat or trailer storage. The $1.1m Domain insight aligns with this property’s modern layout and finishes, making the $900k-$1m estimate appear conservative. For a buyer wanting a turnkey family home with rental cover ($775/wk) or future subdivision potential, the risk is paying too close to the lower comparables if site constraints emerge; the opportunity is buying below replacement cost in a street with strong sale evidence. This house is a hold-and-enjoy or hold-and-lease proposition, not a quick flip. The key competitive edge here is the combination of a 2003 build with side access potential in a quiet pocket โ€“ rare for Deception Bay at this price point. The open-plan flow to outdoor entertaining and the master suite with walk-in robe and ensuite are the features that differentiate this from older stock or smaller blocks nearby. This property best serves a young family or a downsizer who wants single-level ease with room for guests and storage. Ask Jason Gould at the open home for the side access width and any building over easement records โ€“ that is the single question that will confirm whether the price gap to 21 Cairns Crescent is opportunity or risk.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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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

2

Land

642mยฒ

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