Deagon

POSTAL CODE: QLD, 4017
HOUSE

Homeowners and real estate investors betting on DEAGON, 4017 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 17.65%.

A steady increase in median property prices over a five-year period in the suburb translates to a 21.48% capital gain.

Property investors in DEAGON enjoyed capital gains of 17.65% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $950,000.

Profits due to an upward trend in home prices there averaged 7.16% per annum over a 3-year period.

Home owners selling their properties and realtors in DEAGON usually have to wait an average of 42 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $660 mark, reflecting a 3.61% increase in returns based on the current median price in DEAGON.

DEAGON, 4017 places 325th in Australia based on median property value growth during the quarter.

Surburb overview

Deagon, Queensland 4017, is a peaceful suburb about 18 kilometres north of Brisbane’s central business district (CBD). As of the 2021 census, it had a population of around 3,773. Deagon is known for its family-friendly atmosphere and proximity to urban amenities and natural attractions such as the Boondall Wetlands and Cabbage Tree Creek.

The suburb primarily consists of low-density residential housing, with 31.31% of the land zoned for residential purposes, complemented by areas designated for sport and recreation and community facilities. The housing market in Deagon offers a range of options, including post-war homes and more modern developments. The median property price is approximately $800,000 for houses, and rental properties have a median weekly rent of $590 for houses and $385 for units, providing rental yields of 3.90% and 5.36%, respectively.

Deagon is well-connected through public transportation, with the Deagon train station and several bus routes providing easy access to Brisbane’s CBD and surrounding areas. Major roads like Sandgate Road and the Gateway Motorway also make commuting convenient. The suburb does not have its primary school; however, Sandgate District State High School is nearby and offers secondary education to the local community.

Deagon offers various amenities, including the Deagon Racecourse, a prominent horse racing training facility. The suburb's charm and proximity to recreational areas appeal to families and professionals alike.

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