Queensland

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
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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