Thinking about buying in Deepwater? Now could not be a better time, with just 34 residential dwellings it's a highly sought after location. Deepwater is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $ |
Median Monthly Mortgage | $ |
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Average Properties Within 50M |
In Deepwater there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Deepwater is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Deepwater changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Deepwater requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Deepwater we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Deepwater a better buying opportunity than it may have been in the past.
311 PACIFIC DR, DEEPWATER, QLD, 4674 | $280,000 | ||||
255 PACIFIC DR, DEEPWATER, QLD, 4674 | 3 | 2 | $480,000 | ||
LOT 139 CAPRICORNIA DR, DEEPWATER, QLD, 4674 | Contact Agent |
None within suburb boundary
(While the above schools are located with the suburb of Deepwater there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 5.0 | 21.6 | 31.3 | 50.2 | 91.7 | 4.9 | 25.1 |
Feb | 5.2 | 21.6 | 30.9 | 53.1 | 92.0 | 4.8 | 22.1 |
Mar | 5.8 | 20.8 | 29.9 | 53.7 | 93.4 | 4.6 | 19.3 |
Apr | 1.6 | 17.7 | 28.2 | 49.0 | 92.0 | 4.0 | 17.6 |
May | 1.4 | 13.9 | 25.0 | 46.6 | 91.5 | 3.6 | 15.1 |
Jun | 2.1 | 12.6 | 23.1 | 50.3 | 91.9 | 3.8 | 12.9 |
Jul | 0.8 | 10.4 | 23.1 | 43.1 | 92.1 | 3.4 | 14.5 |
Aug | 0.7 | 10.8 | 24.5 | 37.1 | 92.2 | 3.6 | 17.1 |
Sept | 0.6 | 13.9 | 26.8 | 38.2 | 91.4 | 4.1 | 21.0 |
Oct | 1.6 | 16.1 | 28.0 | 42.4 | 91.5 | 4.4 | 24.4 |
Nov | 1.8 | 18.9 | 29.7 | 45.1 | 90.6 | 4.6 | 26.3 |
Dec | 4.5 | 20.5 | 30.6 | 49.2 | 91.0 | 4.7 | 26.2 |
source: Australian Government Bureau of Meteorology
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