42 Seagrass Street, Deception Bay, QLD 4508 sold on 12 September 2025 | OnTheHouse
SOLD
Sold on 12 Sep 2025 for $830,000

42 Seagrass Street
Deception Bay QLD 4508

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 176m2
Land area: 293m2
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Property Details for 42 Seagrass St, Deception Bay

42 Seagrass St, Deception Bay is a 4 bedroom, 3 bathroom Other with 2 parking spaces. The property has a land size of 293m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 4 bedroom Other sold in Deception Bay in the last 12 months.

Building Type
Other
Floor Size
176m2
Land Size
293m2

Last Listing description (September 2025)

Just 2 years old, this modern, light-filled co-living home offers a rare opportunity to secure a high-performing investment in Brisbane's Northside. Purpose-built for co-living, it combines contemporary design with proven income - delivering $44,000 in rental returns over the past 12 months.

Co-Living Advantages
• ~5.7% gross yield based on $780,000 sale price

• Each of the 3 bedrooms features a private ensuite and lockable door with a fourth bedroom used as a media room
• Multiple income streams across three leases - boosting returns and minimising risk
• Includes a $20,000 furniture package, fully set up for tenants
• Co-Living provides greater levels of depreciation

Property Features
• 3 ensuite bedrooms designed for co-living with an extra fourth bedroom
• Modern build, only 2 years old
• High ceilings and large windows create a bright, airy atmosphere
• Wide 10.8m street frontage on a 293sqm block
• Double garage plus additional off-street parking
• Contemporary kitchen with stone benchtops, stainless steel appliances and ample storage
• Full Solar Panels / NBN Connected
• Low-maintenance interiors with air-conditioning and ceiling fans
• Outdoor entertaining area and fenced yard for communal living

Location Highlights
• Minutes to Deception Bay waterfront, parks and walkways
• North Lakes shopping, dining and lifestyle precinct just 10 minutes away
• Easy Bruce Highway access to Brisbane CBD and Sunshine Coast
• Close to schools, public transport and major employment hubs

With a proven $44,000 annual income, near-new build quality and a ready-to-go furniture package, this home represents one of the most compelling set-and-forget co-living investments on the market today.

Contact Kellie Hobbs today to arrange your inspection.

**Disclaimer:** Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 42 Seagrass St, Deception Bay, QLD 4508

A timeline of how this property has performed in the market
Last Sold
$830,000
12 Sep 2025
  • 06 Oct 2025
    Listed for Rent $730.00 pw
  • 12 Sep 2025
    Sold - Price Undisclosed
  • 20 Aug 2025
    Listed for Sale Offers over $780,000
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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 2016 was 19850 people. By 2021 the population was 19573 showing a population decline of 1.4% in the area during that time. The predominant age group in Deception Bay is 10-19 years. Households in Deception Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Deception Bay work in a community and personal service occupation.In 2021, 58.30% of the homes in Deception Bay were owner-occupied compared with 56.20% in 2016.

Deception Bay has 8,650 properties. Over the last 5 years, Houses in Deception Bay have seen a 115.60% increase in median value, while Units have seen a 147.30% increase. As at 28 February 2026:

  • The median value for Houses in Deception Bay is $885,271 while the median value for Units is $681,795.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 50 properties listed for sale, and 44 properties listed for rent in Deception bay on OnTheHouse. According to Cotality's data, 415 properties were sold in the past 12 months in Deception bay.

Suburb Insights for Deception Bay 4508

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Kellie Hobbs
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.