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QLD › South Mackay › Kennedy St

U3, 16 Kennedy St, South Mackay QLD 4740

For saleUnit

$399,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

84 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $399,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $399,000(Listing record · 14 July 2026)
  • FactLand 84 m²; no building size recorded.(Property record)
  • CalculationAsk is 42% below the South Mackay median recorded sale ($690,000, n=61, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at South Mackay's advertised median rent ($530/wk), implied gross yield would be 6.91% — 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

$399,000

Asking · $4,750/m² of land

No recorded sale for this property.

South Mackay at a glance

7,257

People

$690,000

Median sale

$530/wk

Median rent

3.99%

Suburb gross yield

Median sale from 61 recorded sales (last 12 months) — a Districts calculation.

See the full South Mackay report →

Vs South Mackay

-42.2%

Median sale

Suburb $690,000

+2.92 pp

Gross yield

Suburb 3.99%

Suburb median $690,000 from 61 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$399,000
Stamp Duty (Queensland)
$12,390
Transfer/Registration Fee
$1,272
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
$416,362

$17,362 on top of the price (4.4% 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 South Mackay's advertised median rent — not a rent for this listing.

Net yield
5.41%
Annual cashflow (pre-tax)
$827
Interest cover (DSCR)
1.04
Annual rent
$27,560
Operating expenses
$5,985
Loan amount
$319,200
Annual interest
$20,748
Gross yield
6.91%

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$399,000available14 July 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 $530/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 6.9%. 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

South Mackay in one glance

South Mackay at a glance

7,257

People

$690,000

Median sale

$530/wk

Median rent

3.99%

Suburb gross yield

Median sale from 61 recorded sales (last 12 months) — a Districts calculation.

See the full South Mackay report →

Keep researching

  • Why South Mackay? Read the area thesis →
  • What else is on the market in South Mackay →
  • Other records on Kennedy St →

Listing material

Listed by Pinpoint Property

Low-Maintenance Living Meets Investment Potential

This beautifully renovated 2-bedroom unit delivers the ultimate in easy living with gorgeous modern features throughout. First home buyers will appreciate moving in and enjoying easy living in this friendly neighbourhood in South Mackay. The high standard of the recent upgrades to the 1985-built property means that even investors can forget about budgeting for major repairs and maintenance for many years to come. The fabulous walkability to nearby beaches will also enhance your lifestyle and appeal to tenants and you’ll love the convenience of a short walk to the supermarket.

3/16 Kennedy Street is a comfortable low-set unit that exudes sophistication from the moment you step through the front door. In the open-plan living space, your eyes instantly focus on the modern kitchen, which is at the heart of the home. Cooking will be an easy and enjoyable experience with timber-style cabinetry and stainless-steel appliances at your service. Sleek black sinks are a standout feature in the kitchen and laundry, with the modern bathroom also featuring black fixtures and tapware adding an elegant touch throughout the entire home.

Adding to the carefree lifestyle is a single garage that has been renovated to include built-in shelving and features sleek epoxy flooring to make it a multipurpose space. Make it a second living area to entertain friends, a home office or get active in your own home gym!

Read the full description

The fresh, neutral palette of the walls gives the home a light and relaxed feel and easy-care tiled floors flow from the living space through to 2 well-appointed bedrooms with built-in robes. The oversized master bedroom features a mirrored wardrobe with extra hanging space for all your clothes while the matching black roller blinds deliver privacy. Modern black ceiling fans provide added comfort, so you’ll have a good night’s sleep.

Nestled within a complex of 5 units, this low-maintenance home has a small, grassed area out the back along with a handy clothesline. This immaculate unit is ready for you to move in and start enjoying your new neighbourhood, or to just kick back and enjoy your weekends in your lovely home.

Why we LOVE 3/16 Kennedy Street…

- Security & street appeal – You will have peace of mind by being in a unit set among other well-maintained units as well as new security screens throughout the home

- Multipurpose garage – The single lockup garage adds a bonus to your living options. With a home in such a convenient location, you might be tempted to use the garage as an extra living space. You could even transform it into a home theatre, office or games room, as there are so many options for this space

- Storage – This smaller home punches above its weight when it comes to storage space. With an extra-large wardrobe in the master, added cupboards in the laundry plus shelving in the garage, you’ll have more than enough space to store all your gear

- Renovated with comfort in mind – This home doesn’t just offer space & privacy. A split system air-conditioner in the living area cools the whole unit offering maximum comfort all year round & to top it off, stylish black roller blinds are installed in all rooms for privacy, sun protection & total darkness while you sleep

- Laundry that doubles as a butler’s pantry - You will love the dual-use laundry space positioned off the kitchen. The extra bench & cupboards offer enough space to use it as a butler’s pantry

- An astute investment choice – with its outstanding location, instant appeal & lock & leave ease, this property is tenanted at $500 per week until December 2026

What we LOVE about South Mackay...

- Convenience galore – South Mackay is incredibly close to the CBD, airport, shopping centres, employment hubs, cafes, restaurants & more

- Great schools nearby – Numerous state & private primary, & high schools are close by, along with plenty of childcare & kindy options with many within walking distance so you can leave the car at home

- Active living – Enjoy an active & social lifestyle for the family, South Mackay has the largest concentration of sports clubs, stadiums & sporting facilities. You can even walk to Harrup Park Country Club & Mackay Stadium to avoid the queues of cars looking for a parking space for the next big event in town!

- Parks & playgrounds – You’ll have many parks to choose from at your doorstep. Illawong Park is only 5 minutes away & boasts a breathtakingly beautiful beach while the Parklands offer a perfect place for a BBQ & plenty of trees offer magnificent shade for a picnic

- Beaches galore – Far Beach is a popular walking beach with locals, known for its tranquility & soft white sand. At low tide, an expansive sand flat is exposed giving walkers kilometres of beach to walk & explore. Quota Park fringes part of the beach at Binnington Esplanade & includes a playground, fitness equipment, barbecue & picnic facilities, plus access to the Blue Water Trail

Disclaimer: All information has been obtained from the seller. The agent/s cannot verify its accuracy and do not give any warranty as to errors or omissions, if any, in these particulars. Prospective purchasers should satisfy themselves by inspection and making their own inquiries or otherwise as to the accuracy of the particulars. Location shots and use of furniture (real or virtual) are for visual display purposes only and not included in sale. We are not financial advisors or deem to provide financial advice and urge all prospective purchasers to make their own inquiry into funding available.

Listing description written by Renee Lavender, Pinpoint Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Secure Parking
  • Study

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.