SOLD
Sold on 11 Nov 2023 for $389,000

8/8 Bayview Terrace
Deception Bay QLD 4508

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 80m2
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Property Details for 8/8 Bayview Tce, Deception Bay

8/8 Bayview Tce, Deception Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 80m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Deception Bay in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
71m2
Land Size
80m2
Local Government
Moreton Bay
Lot/Plan
8/SP234386

Last Listing description (November 2023)

Ideal for investors, this spacious 2 bedroom waterfront unit at the end of the top level boasts unrestricted ocean views.

The unit is has a great location adjacent to two cafes, across from the library, parklands and the bay with immaculate boardwalk. It is only 1.1km from the Deception Bay bus station and 8km from the Kippa-Ring train station.

On the lower level, this two story unit offers a generous kitchen with under staircase storage and a spacious open plan tiled living/dining area which opens onto a balcony with ocean views. The upper level has recently been recarpeted and has two bedrooms and a bathroom.

The unit also has the exclusive use of an undercover carpark and a lockable storage unit.

Investors will be pleased to note that from a capital growth perspective, in addition to the sought after waterfront location, the site is currently zoned General Residential Urban Neighbourhood which is supportive of a wide range of future uses over the site, with development for residential accommodation and retail/commercial facilities that may be suitable where it is consistent with the urban form and primary functions of the zoning and precinct.

Features include:
* 2 good-sized bedrooms (with ceiling fans)
* one bathroom
* large balcony off living area and with great views
* large modern kitchen/dining area with hidden laundry and dishwasher facilities
* excellent sea breezes and clever apartment design eliminating any need for air-conditioning
* a single dedicated carport space with fully enclosed exclusive-use lockable 2.4m2 storage facility (for apartment 7 use only), which is conveniently located directly at the base of the stairs leading up to the apartment
* plenty of street parking for occupants and guests
* grocery shops, shopping centre, school and public transport all close by
* low strata body corporate levies at approx. $1,736 per half year
* council rates at approx. $515 per quarter

The property is tenanted until 3 September 2024 achieving rental income of $380.00 per week. Call to book a private inspection today.

Property History for 8/8 Bayview Tce, Deception Bay, QLD 4508

A timeline of how this property has performed in the market
Last Sold
$389,000
11 Nov 2023
Listed for Rent
$240/w
18 Jun 2021
  • 11 Nov 2023
    Sold for $389,000
  • 06 Nov 2023
    Listed for Sale Offers over $360,000
  • 04 Aug 2023
    Listed for Rent $380 / week
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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.