Expert analysis

In terms of the property market, Deception Bay displays very strong fundamentals. Property prices have grown by 102% since 2011 (1.8x the national average of 57%). The suburb is in high demand with limited supply available, translating into a low vacancy rate of 0.5%. In addition, the number of available properties for sale has decreased by 21% over the last 12 months. The typical attractive Hybrid investments in Deception Bay are 3/4-Bedroom houses with over 350sqm land, with median asking price of $580,000 to $640,000, delivering average rental return of 2.9% to 3.2%. (Speak to your Coach if you are considering townhouses and/or units, which are only attractive in certain locations.)

Why we chose this suburb as a top target:

•  Strong capital growth (+11.5% per year on average since 2017)
• Strong rental growth (+17.2% over the past 12 months)
• High demand, outstripping supply (0.5% vacancy)
• High family score of 4 of 5: there are well performing schools in the area, childcare facilities and playgrounds
• High lifestyle score of 4 of 5: there are cafes, fitness centers/ gyms, restaurants etc. to choose from in the suburb
• High convenience score of 4 of 5 – there are higher than average public transport commuters in the suburb and supermarkets/ stores close by