87 Osborne Terrace, Deception Bay QLD 4508
87 Osborne Terrace, Deception Bay QLD 4508
Bayside 1950s–70s cottage | likely 405–607m² block | 2–3 bed, 1 bath | walkable foreshore | flood overlay possible
This property sits within an established coastal pocket where older detached houses on compact blocks are the norm, and its likely configuration—two to three bedrooms, one bathroom, and modest parking—suits first-home buyers, investors, and downsizers seeking proximity to the water without a premium price tag. The street’s character is defined by timber floors, renovated kitchens, and outdoor living spaces, so a buyer here gains access to a lifestyle-oriented neighbourhood that trades on walkability to the foreshore, schools, and local shops. For an owner-occupier, the smaller footprint offers low-maintenance living; for an investor, the rental demand is supported by the area’s convenience and coastal appeal.
Value may be shaped by the property’s exact condition and renovation level, as older stock in this pocket often requires updates to kitchens, bathrooms, or roofing. The low-lying coastal terrain might introduce flood-related planning sensitivity, which could affect insurance costs or future extension potential. Buyers should weigh the trade-off between the desirable bayside setting and the constraints of an older build on a small block, particularly if they plan to add value through improvements rather than land expansion.
|| Comparable Sales: 89 Osborne Terrace sold at $890k; 88 Osborne Terrace estimated $787k–$833k | Property Price Band: $800k–$900k | Value Drivers: condition, land size, proximity to foreshore
Detailed Independent Property Report prepared by PropCred Analyst team for 87 Osborne Terrace, Deception Bay QLD 4508
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
2
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
Comparable Sales: 89 Osborne Terrace sold at $890k; 88 Osborne Terrace estimated $787k–$833k | Property Price Band: $800k–$900k | Value Drivers: condition, land size, proximity to foreshore
Bedrooms
3
Bathroom
1
Parking
2
Land
601m²
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