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Queensland

3-bedroom, 2-bathroom Queensland house on an 884m² block showing $103K value growth in a year.

3 bed, 2 bath, 3 car, 884m², House

Local area · ABS 2021

Families · 6,918 pop · Owners and renters mix · $1,477 per week

Purchase price
$560,000
Current value
$663,000
Capital growth
18.39%
Cash on cash
121.2%

Purchased in early 2025, this 3 bedroom, 2 bathroom coastal home in South Mackay delivered a strong outcome for its buyer. Sold for $560,000, the property reflects solid demand in lifestyle suburbs close to beaches, services and Mackay’s CBD. 

Set on a generous 884 m² block with three car spaces and family oriented living areas, the home demonstrates the kind of functional, well located properties that continue to attract both owner occupiers and investors in the Mackay region. 

Population: 6,918

Most residents are: Owners and renters mix

Median household income: $1,477 per week

Value growth

Jan 2025–Jan 2026

Equity gained

+$103,000

Jan 2025Jan 2026$560,000$663,000

Purchase breakdown

Date purchased
Jan 2025
Date of value
Jan 2026
Stamp duty
$20,400
Deposit
$67,200
Solicitor cost
$2,000
Pest and build
$700

Returns

Equity gained
+$103,000
Capital growth
18.39%
Cash on cash return
121.2%
Weekly rent
$650
Equity growth
103000%

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