Brisbane Heat and Queensland Fire cricketer Nicola Hancock has purchased a home in Deagon, as the suburb records strong property growth and increasing demand from buyers.
Background And Context
Nicola Hancock, an allrounder for Queensland Fire and Brisbane Heat, has bought a house in Deagon after selling her Boondall townhouse. She originally purchased the Boondall property for $502,000 and saw its value rise by around $250,000 over three years. This gain enabled her to buy the Deagon home for just under $1 million.
Hancock, who was named Players’ Player in the 2024–25 Women’s National Cricket League, said she was attracted to Deagon’s balance of lifestyle and city access. She noted the suburb’s image had changed in recent years, with more people recognising its appeal.
Deagon Property Market
Deagon was ranked eighth in a SuburbTrends and MCG Quantity Surveyors lifestyle and growth study for Southeast Queensland, the only Brisbane suburb to appear in the top 10.
Property data varies depending on timeframe. Source figures show a median listing price of $650,000 in 2025, while market records for September 2024 to August 2025 indicate a median of $900,050, representing 13.9 per cent annual growth. Over the same period, 68 houses were sold, with a median time on market of 37 days and an average rental yield of 3.5 per cent.
Changing Demographics
Local agents report that younger families are increasingly buying into Deagon since the Covid-19 pandemic. Previously, the area was more commonly held by older couples and long-term residents. Instead of demolishing existing homes, many new buyers are choosing to renovate, retaining the character of the suburb.
Inspections of Deagon homes often attract 30 to 50 groups during a three-week campaign, reflecting growing competition.
Lifestyle Appeal
Deagon sits about 20 kilometres from Brisbane’s CBD and is valued for its access to the waterfront, shopping hubs, and schools. Hancock said she wanted to secure a property before prices rose further and described the area as peaceful and family-friendly.
Outlook
Deagon continues to attract younger buyers seeking lifestyle and affordability compared with inner Brisbane. For Hancock, the suburb represents both a personal lifestyle choice and a timely property investment.
Published 14-Sep-2025
Photo Credit: Pexels
