Mount Pleasant at a glance
4,810
People
$725,000
Median sale
$714/wk
Median rent
5.12%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
QLD › Mount Pleasant › Maranark Ave
$640,000
Last sold
31 Mar 2023
4
Bedrooms
4
Bathrooms
2
Car spaces
497 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
$640,000
31 Mar 2023 · derived via latest_sale
Local land rate: recorded Semi-detached sales in Mount Pleasant (last 5 years) with land size have a median of $849/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
Mount Pleasant at a glance
4,810
People
$725,000
Median sale
$714/wk
Median rent
5.12%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Pleasant
-11.7%
Median sale
Suburb $725,000
+0.68 pp
Gross yield
Suburb 5.12%
Suburb median $725,000 from 47 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 $714/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
UnknownNearby 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.
Area
Mount Pleasant at a glance
4,810
People
$725,000
Median sale
$714/wk
Median rent
5.12%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by BaileuxCalling all investors! 53 Maranark Avenue is a stand-alone stylish duplex boasting two semi-detached spacious two-bedroom, two-bathroom, one-car apartments in sought-after Mount Pleasant.
From the street, this cleverly designed duplex is eye-catching with its angled Colorbond roof, crisp white render, sweeping pebbled drive and low-maintenance landscaped gardens.
Inside, each apartment is large and light-filled with a spacious open plan living/dining and kitchen area with glossy earth-tone tiles, off-white walls and security-screened sliding glass doors opening out onto the private courtyard overlooking the fully-fenced backyard.
This space, with its separate dining area, lounge room with room for a big L-seater couch, coffee table and TV and generously-sized kitchen with breakfast bar, ample overhead and under bench storage, gas cooktop, stainless steel oven and microwave has been cleverly designed to maximise every inch of floor space.
Each apartment also features two generously-sized bedrooms with built-in robes, windows with block-out blinds, ceiling fans, split system air conditioning and quality, hardwearing carpet. One bedroom features an ensuite with shower, vanity and toilet while the other features a spacious walk-in wardrobe. There is a separate bathroom with large vanity, toilet and shower and another separate laundry area off the kitchen with room for a washer and dryer.
Outside, the private undercover courtyards with ceiling fans overlook the fully-fenced grassy backyard, water tank and low-maintenance landscaped gardens.
These two apartments are on the corner of a new estate featuring other stylish and cleverly designed duplexes and both are currently tenanted on a long-term basis making them a fabulous investment for the savvy investor.
The duplex is minutes from the Bruce Highway, 10 minutes drive from Mackay CBD and within walking distance of the Pioneer River. Mount Pleasant is renowned for its shopping options with the Mount Pleasant Centre a go-to destination for fashion, food and more.
Some of the benefits of these semi-detached two-bed, two-bath apartments in a stylish Mount Pleasant duplex:
> Two generous bedrooms
> Two bathrooms
> Single lock up garage
> Split system air conditioning
> Built-in robes
> Private courtyard
> Fully-fenced backyard
> Gas hot water service
> Tenanted
> 10 minutes to Mackay CBD
> Minutes to Bruce Highway
Currently tenanted at $420/wk per unit or $3640/month for both duplexes. The current leasees are 12 month leases until 23rd of March for Unit 1 and 26th of April 2023 for unit 2. The gross yield for this investment is approximately 6.6%.
The rental appraisal for each unit is $485/week or approximately 7.6% gross yield.
To take advantage of this exclusive opportunity to invest in this duplex with its currently tenanted semi-detached apartments, contact Benjamin from Baileux today, to arrange your inspection. Ph. 0400 989 161 or benjamin@baileux.com.au
Listing description written by Benjamin Molineux, Baileux — reproduced as published, not verified by Districts.