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Location
Market Insights for Deception Bay QLD 4508
New Listings (last 30 days)
18
Average price
$829,944
Lowest price
$425,000
Highest price
$2,000,000
Other properties in this postcode

7 Captain Cook Parade 5 & 7 Wallin Avenue Captain Cook Parade, Deception Bay QLD 4508

Listed: 15 days ago
Updated: 9 days ago
Overview

This rare bayside development site presents a substantial opportunity with its expansive 4,785 square meter landholding located in the prominent Deception Bay area, just moments from the water's edge. Encompassing three adjoining parcels – 7 Captain Cook Parade and 5 & 7 Wallin Avenue – the combined scale and strategic positioning offer exceptional exposure and accessibility that supports a wide range of development potential.

Already benefitting from an existing Development Approval for 95 architect-designed high-rise units, this landholding enables a significant project in the Moreton Bay region. The site’s positioning near the bay not only enhances potential lifestyle appeal but may also offer attractive water and bay views, adding substantial value for future residents.

Characterized by its zoned General Residential - Urban Neighbourhood Precinct status, the site allows for a considerable variety of development outcomes. While the current approval targets high-rise units, alternative use cases such as townhouses could also be explored subject to required approvals, providing flexibility for developers and investors aligned with market demand.

  • Substantial development site of approximately 4,785 sqm combined area.
  • Prominent bayside location close to Deception Bay waterfront, offering strong appeal for residential development.
  • Development Approval in place for 95 architect-designed high-rise units.
  • Excellent street frontage and accessibility enhance the site’s development and marketing potential.
  • Adaptable zoning facilitates investigation into alternative housing models including townhouses.

Ideal for developers, investors, and strategic landholders, this large-scale bayside landholding is distinctive in its size and location, offering an outstanding foundation for significant residential projects. Surrounded by established residential amenity and positioned close to natural attractions, it invites a development that can integrate lifestyle, convenience, and growth opportunities in this evolving Queensland community.

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Local Market Insights

In Moreton Bay - North, Quiet Listings observed 18 new parcels of land entering the market over the last 30 days, up from 16 during the previous 30-day period, with an average advertised asking price of $829,944. The property type mix of listed properties is predominantly Houses at 73%, followed by units (7%), and townhouses (5%). The most active agency for land in the Moreton Bay - North area is currently Ray White, representing 22% of new listings, followed by Shepherdson & Boyd with 11%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.