Deception Bay suburb profile
Deception Bay is a coastal suburb located in the Moreton Bay Region, approximately 32km north of Brisbane. Known for its picturesque bay views and relaxed lifestyle, it offers a blend of natural beauty and suburban convenience. The area is popular with families and retirees, featuring waterfront parks, walking trails, and recreational facilities. Deception Bay provides a mix of housing options, from traditional homes to modern developments, catering to diverse lifestyles. With its proximity to the Bruce Highway, residents enjoy easy access to Brisbane and the Sunshine Coast, making it an appealing choice for those seeking a peaceful yet connected community.
Deception Bay property market performance
Deception Bay's property market has experienced significant growth over the past 12 months, with house values increasing by 15.8% and unit values surging by 30.8%. The current median house price stands at $710,000, while the median unit price is $539,250, indicating strong demand across both property types.
Sales activity has been robust, with 91 houses and 16 units sold over the last 12 months. Properties are moving quickly, with houses spending a median of just 17 days on the market and units even less at 13 days, reflecting high buyer interest.
The rental market in Deception Bay has also seen notable increases, with average rents for houses rising by 13.4% and units by 8.4% over the past year. The average rent for houses is now $550, while units average $450, highlighting a competitive rental environment.
Median price - houses$728KPast 3 months
Median price - units$540KPast 3 months
Change in value - houses16.3%12 months
Change in value - units29.1%12 months
Houses sold78Past 3 months
Units sold15Past 3 months
Median DOM - houses17Past 12 months
Median DOM - units13Past 12 months
Average rent - houses$550Past 12 months
Average rent - units$443Past 12 months
Change in rent - houses11.1%Past 12 months
Change in rent - units4.7%Past 12 months
Deception Bay demographics
Deception Bay, located in the Moreton Bay Region of Queensland, is a suburb that offers a blend of coastal charm and suburban living. With a population of 19,573, it is a community that caters to a diverse range of residents, from families to retirees. The median age of 40 suggests a mature community, with a mix of young families and older residents enjoying the area's relaxed lifestyle and proximity to the bay.
The suburb's housing landscape is varied, with a significant portion of properties being rented, accounting for 39.9% of the housing market. This indicates a flexible living environment, appealing to those who prefer renting over home ownership. Meanwhile, 25.7% of properties are owned outright, and 34.4% are owned with a mortgage, reflecting a stable community with a mix of long-term residents and new homeowners.
Family dynamics in Deception Bay are diverse, with couple families with children and those without children each making up 36.1% of the family structure. One-parent families also form a substantial part of the community, representing 25.8% of families. This diversity in family types contributes to a rich community fabric, supported by local amenities and services that cater to a wide range of needs. With its coastal location and community-oriented atmosphere, Deception Bay offers a balanced lifestyle for its residents.
Deception Bay infrastructure, key developments and investment opportunities
Deception Bay is undergoing several developments that may impact its property market. The $1.5 million upgrade of the Deception Bay Community Hall, completed in late 2022, has enhanced local facilities and community spaces. Additionally, the ongoing Moreton Connector road project aims to improve connectivity between Deception Bay and surrounding areas, potentially increasing accessibility and property appeal.
Plans for a new $40 million retail precinct in nearby North Lakes, expected to be completed by 2025, could boost amenities and job opportunities for Deception Bay residents. The suburb's proximity to the Moreton Bay coastline and ongoing urban renewal efforts continue to attract interest from homebuyers and investors. While no major school or hospital projects are currently underway, these infrastructure improvements are likely to have a positive influence on property values and livability in Deception Bay.
Deception Bay rental market trends
The rental market in Deception Bay has experienced notable growth, with house rents increasing by 13.4% over the past year to $550 per week, while unit rents have risen 8.4% to $450 per week. This suburb continues to attract interest due to its affordability and potential for future development, making it an appealing choice for both renters and investors.
Suburbs near Deception Bay
Some popular suburbs near Deception Bay include: