SOLD
Sold on 29 Feb 2024 for $575,000

22 Rainbow Street
Deception Bay QLD 4508

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 581m2
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Property Details for 22 Rainbow St, Deception Bay

22 Rainbow St, Deception Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 581m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Deception Bay in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
95m2
Land Size
581m2
Local Government
Moreton Bay
Lot/Plan
13/RP151319

Last Listing description (April 2024)

Located on the corner of Rainbow and Lobelia Streets, this single level home offers 2 street access, with plenty of room for an additional shed/carport for boat or caravan storage.

The 581sqm block is securely fenced and only a short drive the waterfront, schools and shops, with easy access to Brisbane City or the Sunshine Coast via the nearby Bruce highway.

Property features include;

- Brick & tile construction
- Cypress Pine frame to deter termite activity
- Polished timber floors
- Covered front veranda
- Security screens and doors
- Ceiling fans
- Garden shed

Quality homes at this price-point are fast becoming a thing of the past, contact Mike today for further information and to schedule an inspection.

N.B. - There is a long-term tenant in place, so a minimum of 24hrs notice is required for all inspections.

Property History for 22 Rainbow St, Deception Bay, QLD 4508

A timeline of how this property has performed in the market
Last Sold
$575,000
29 Feb 2024
  • 29 Feb 2024
    Sold for $575,000
  • 20 Feb 2024
    Listed for Sale Offers Over $589,000
  • 31 Mar 2016
    Sold for $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 8,632 properties. Over the last 5 years, Houses in Deception Bay have seen a 92.99% increase in median value, while Units have seen a 103.65% increase. As at 31 October 2024:

  • The median value for Houses in Deception Bay is $723,510 while the median value for Units is $526,686.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 82 properties listed for sale, and 42 properties listed for rent in Deception bay on OnTheHouse. According to CoreLogic's data, 501 properties were sold in the past 12 months in Deception bay.

Suburb Insights for Deception Bay 4508

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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.