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QLD › East Mackay › Binnington Esplanade

1-3/10 Binnington Esplanade, East Mackay QLD 4740

For saleBlock of Units

$979,000

For sale

Asking

6

Bedrooms

3

Bathrooms

3

Car spaces

802 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $979,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $979,000(Listing record · 6 May 2026)
  • FactLand 802 m²; no building size recorded.(Property record)
  • CalculationAsk is 39% above the East Mackay median recorded sale ($705,000, n=32, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at East Mackay's advertised median rent ($513/wk), implied gross yield would be 2.72% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$979,000

Asking · $1,221/m² of land

No recorded sale for this property.

East Mackay at a glance

3,816

People

$705,000

Median sale

$513/wk

Median rent

3.78%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full East Mackay report →

Vs East Mackay

+38.9%

Median sale

Suburb $705,000

-1.06 pp

Gross yield

Suburb 3.78%

Suburb median $705,000 from 32 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$979,000
Stamp Duty (Queensland)
$37,080
Transfer/Registration Fee
$3,973
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,023,753

$44,753 on top of the price (4.6% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with East Mackay's advertised median rent — not a rent for this listing.

Net yield
1.22%
Annual cashflow (pre-tax)
$-38,917
Interest cover (DSCR)
0.24
Annual rent
$26,676
Operating expenses
$14,685
Loan amount
$783,200
Annual interest
$50,908
Gross yield
2.72%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$979,000available6 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $513/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

East Mackay in one glance

East Mackay at a glance

3,816

People

$705,000

Median sale

$513/wk

Median rent

3.78%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full East Mackay report →

Keep researching

  • Why East Mackay? Read the area thesis →
  • What else is on the market in East Mackay →
  • Other records on Binnington Esplanade →

Listing material

Listed by Gardian Real Estate

Terrific Beachside Investment

A fantastic opportunity to purchase three solid brick units on one title in the sought-after beachy location of East Mackay.

Set on an 809 square metre block, the fully tenanted property allows people residing there to not only listen to the waves at night but to also be in a location that is completely central and convenient to every single day need.

With a rental income of over $54,000 for the 3 units and a potential for this to increase substantially, along with rental vacancies in Mackay of under 1 per cent, this property is an ideal opportunity for someone wanting to take advantage of Mackay's tremendous rental yields.

Read the full description

All of this in an location where capital growth is still expected.

Each unit boasts:

- Lowset brick with two spacious bedrooms

- One functional bathroom

- Breezy and relaxing open-plan living areas with ceiling fans

- Ceiling fans and built-in-robes to each bedroom

- One carport per unit, plus additional parking areas

- Private, low-maintenance yards

- Beautiful outlook from front yard toward the beach

On one title and with a solid rental yield that is due to get even better, don't miss out on the opportunity to buy this outstanding asset in a high-demand area!

Opportunities like this are rare-contact us today to arrange your private inspection.

Contact Sales Agent Joe Rickman or Sales Associate Baden Robinson on 0458 250 300 from Gardian Real Estate to arrange your private inspection today.

Disclaimer: This property is offered for sale without a stated price. Accordingly, no price guide is available. Any price range displayed by online platforms is generated solely for website functionality and does not form part of the agent's marketing or advice.

All information contained in this advertisement has been provided by the seller. While reasonable care has been taken in its preparation, the agent makes no representations or warranties regarding the accuracy or completeness of the information and accepts no liability for any errors, omissions, or inaccuracies. Prospective purchasers should rely on their own inspections, enquiries, and independent advice to satisfy themselves as to all aspects of the property.

Images, floor plans, location indicators, and any furnishings or styling - whether physical or virtual - are included for illustrative purposes only and do not form part of the sale. No financial, legal, or investment advice is provided, and purchasers are encouraged to obtain their own independent advice in relation to finance and funding.

Listing description written by Baden Robinson, Gardian Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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