SOLD
Sold on 28 Oct 2023 for $970,000

1/25 Mirrabook Street
Deception Bay QLD 4508

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 76m2
Land area: 418m2
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Property Details for 1/25 Mirrabook St, Deception Bay

1/25 Mirrabook St, Deception Bay is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1997. The property has a land size of 418m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom House sold in Deception Bay in the last 12 months.

Building Type
House
Year Built
1997
Floor Size
76m2
Land Size
418m2
Local Government
Moreton Bay
Lot/Plan
1/GTP105499

Last Listing description (June 2021)

Currently tenanted at $290 per week, this well designed lowset strata-titled duplex is available for sale. Sitting on its own 418m2 block, with double gate access, there is plenty of room for a caravan AND a boat. Whilst not having to worry about locking up a large home for you to travel around.

The current tenancy is in place until 17th January 2022, so whilst it would be available to move in then, the tenant has expressed desire to stay here due to being in such a great location.

Inside the home, the open plan kitchen, dining and living space gives the property a contemporary feel, with two good sized bedrooms and bathroom.

The laundry is located at the back of the single garage that adjoins to the garage of unit 2 (the other side of the duplex). Both duplexes are available to purchase, either separately or together (unit 2 is currently tenanted at $270 per week).

There are no body corporate costs involved and the properties have lots of potential to add capital growth and improve rental yield.

This home will not last long so call Anthony today on 0457 406 810 to arrange your inspection.

"What the Owner says"

After purchasing the properties nearly 7 years ago, they have remained investment properties throughout that time. I have often considered what options I have with such unique duplexes. Unit 1 was given a slight renovation a few years back, which has pushed up the rent, but it is barely touching the surface of the potential here with such a large block.

I felt it was time for my next adventure in life, so I felt it was a great opportunity for someone to come in with imagination and make their own mark.

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Property History for 1/25 Mirrabook St, Deception Bay, QLD 4508

A timeline of how this property has performed in the market
Last Sold
$970,000
28 Oct 2023
Listed for Rent
$280/w
31 Jul 2019
  • 28 Oct 2023
    Sold for $970,000
  • 10 May 2021
    Sold for $581,000
  • 29 Apr 2021
    Listed for Sale Offers In Excess Of $280,000
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About Deception Bay 4508

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.

Deception Bay has 8,590 properties. Over the last 5 years, Houses in Deception Bay have seen a 89.37% increase in median value, while Units have seen a 93.51% increase. As at 31 July 2024:

  • The median value for Houses in Deception Bay is $693,282 while the median value for Units is $487,607.
  • Houses have a median rent of $520 while Units have a median rent of $425.
There are currently 78 properties listed for sale, and 25 properties listed for rent in Deception bay on OnTheHouse. According to CoreLogic's data, 485 properties were sold in the past 12 months in Deception bay.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.