Mackay at a glance
4,174
People
$635,000
Median sale
$476/wk
Median rent
3.90%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
$900,000
Last sold
12 Dec 2023
7
Bedrooms
5
Bathrooms
5
Car spaces
1,080 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$900,000
12 Dec 2023 · derived via latest_sale
Mackay at a glance
4,174
People
$635,000
Median sale
$476/wk
Median rent
3.90%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Vs Mackay
+41.7%
Median sale
Suburb $635,000
-1.15 pp
Gross yield
Suburb 3.90%
Suburb median $635,000 from 35 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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.
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
No advertised rent is recorded. Suburb median rent $476/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Mackay at a glance
4,174
People
$635,000
Median sale
$476/wk
Median rent
3.90%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gardian Real EstateThis very tidy, well-maintained block of five air-conditioned units is in a central location just outside the CBD and offers a superb opportunity for investors wanting to take advantage of Mackay's tremendous rental yields.
All bathrooms, kitchens and floor coverings are well presented and with a consistent painting and maintenance schedule that is up to date, this fully rented property is ready for a seamless transition to the next owner.
The total rent for the five units is $74,880 and, with rental vacancies in Mackay of under 1 per cent, centrally located low-set units such as these are in great demand among tenants.
The block is a short walk to the local public primary school and high school as well as a variety of shops and other community facilities. It is a 1.3km walk to the centre of the CBD, while it's a quick drive to Caneland shopping centre, Parkside shopping centre, several social clubs and pubs and the work sites of Paget.
So a tenant living in this block has easy access to everything they need in Mackay.
The property is a solid block construction and, being low-set with no steps, offers easy access for older and less-mobile tenants.
Set on a block of 1,080sq m that includes a grass area where kids can play safely at the back away from the street, the features include:
- Five units, two of which are two-bedroom and three are one-bedroom
- All units have spacious open-plan, air-conditioned family rooms that offer more than enough room for dining and lounge areas. The two-bedroom units also have air-conditioned bedrooms
- All units have well-maintained kitchens that over-look the family rooms
- They all have tidy bathrooms and their own separate laundries that offer direct access to the back door and out to the clothes lines
- The units have vinyl floor coverings in the living areas and kitchens and carpet in the bedrooms
- All units have a single-car carport and there is plenty of off-street parking
The units are all very well-presented and can be taken over with no renovations required, however updating units over time would certainly increase the rents that are currently being achieved.
There is no body corporate because the units are all on the one title, however an investor could strata title the block and sell units individually.
Give David Fisher a call for more information and to arrange an inspection.
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by David Fisher, Gardian Real Estate — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.