The median property price for a house is currently $575,000 with annual capital growth of 2.68%. There were 355 house sales in the past 12 months. On average, houses spend 34 days on market. If you’re thinking about buying an investment property in Deception Bay, consider that rental yields for houses are currently 4.98% with an average median rent of $480 weekly. Houses have seen -1.71% growth in the past quarter, and 2.68% growth in the past 12 months. The size of Deception Bay is approximately 19.2 square kilometres. It has 43 parks covering nearly 25.1% of total area. The population of Deception Bay in 2011 was 19,672 people. By 2016 the population was 19,867 showing a population growth of 1.0% in the area during that time. The predominant age group in Deception Bay is 0-9 years. Households in Deception Bay are primarily couples with children and are likely to be repaying $1400 – $1799 per month on mortgage repayments. In general, people in Deception Bay work in a labourer occupation. In 2011, 55.7% of the homes in Deception Bay were owner-occupied compared with 56.2% in 2016.
This Opportunity: Dual occupancy
Land: size 582m2. To be registered Oct 24 Price: $TBA Dwelling 1: 3 beds, 2 baths and 1 car Secondary: 2 beds, 1 bath and 1 car
Total size 209.75m2. – Price $TBA
Rental estimate: From $840 per week or higher
• Turn Key – tenant ready
• Energy Efficient
• Fixed price build contract from time of signing and approval of finance on building contract
Inclusions: Please refer to the summary list – if you have interest please request a full marketing brochure
TWO CONTRACT PURCHASE:
Land contract – pay stamp duty then only on the land price not on the full package price and save thousands!!
To Purchase: EOI required to reserve, $5000 holding deposit. Refundable
21 days finance,
14 days after title issue to settle on land.
On Unconditional finance pay 5% initial deposit to builder.
Loan type: Progressive construction drawdowns.
Full information supplied to Lender.
FOR SALE: $949,990
Kaye Tilley 0418 823 046