Deception Bay (postcode 4508) is a settled mid-to-large suburb in Queensland within the Moreton Bay local government area. The area has roughly 19,573 residents and an established demographic, with a median age of 40. Households earn a median income of $66K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.1% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are community & personal service, technicians & trades, labourers. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
Deception Bay has a median house price of $663,000, which has climbed sharply by 12.4% year-on-year. Units have a median price of $445,000 (+15.6% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,517.
Deception Bay is served by 8 schools, including 4 primary, 1 secondary, 3 special. The average ICSEA score is 924, which is below the national average of 1,000. Public transport access includes 49 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,728 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 4.4% (moderate yield). Property prices sit below the state median ($663K/$1.1M), which can point to relative value. The price-to-income ratio of 10.0x is considered stretched. House prices have moved +12.4% year-on-year. Population growth of +2.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.