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Queensland

3-bedroom, 2-bathroom Queensland house on an 764m² block showing $137K value growth in one year.

3 bed, 2 bath, 2 car, 764m², House

Local area · ABS 2021

Families · 6,194 pop · Renters/owners mix · $1,375 per week

Purchase price
$525,000
Current value
$662,000
Capital growth
26.1%
Cash on cash
161.18%

Purchased in January 2025, this 3 bedroom, 2 bathroom home in North Mackay delivered a strong outcome for its buyer. Sold for $525,000, the property reflects solid demand in lifestyle-driven coastal fringe markets where convenience, community and proximity to Mackay’s CBD support ongoing buyer interest. 

Set on a 764 m² block with two car spaces and functional living spaces, this residence demonstrates the type of property that appeals to both owner-occupiers and investors with estimated rental income around $625 – $705 per week, highlighting attractive rental yield potential. 

Population: 6,194

Most residents are: Renters/owners mix

Median household income: $1,375 per week

Value growth

Jan 2025–Jan 2026

Equity gained

+$137,000

Jan 2025Jan 2026$525,000$662,000

Purchase breakdown

Date purchased
Jan 2025
Date of value
Jan 2026
Stamp duty
$18,841
Deposit
$63,000
Solicitor cost
$2,000
Pest and build
$700

Returns

Equity gained
+$137,000
Capital growth
26.1%
Cash on cash return
161.18%
Weekly rent
$760
Equity growth
137000%

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