FOR SALE
$900,000 - $980,000

34 Mears Street
Mysterton QLD 4812

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 59m2
Land area: 994m2
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Four apartments offer prime investment opportunity

This portfolio of four apartments in serene seclusion beside Mindham Park, it's close to quality schools and restaurants. Looking out to the open spaces each apartment has its own outdoor living space making them even more appealing to the occupants.
- Combined living/dining rooms with fresh neutral colour scheme
- Compact floorplan provides for easy low maintenance living
- Large block with potential for exterior upgrades to add value
- Good kitchens with ample cupboards and quality appliances
- Two good sized bedrooms each, mains feature built-in robes
- Good sized bathrooms, air conditioning, updated flooring
- Generous parking, with 4 carports/garages
- Fully tenanted with a current rental return of $1330 per week
- Potential to increase the returns significantly inline with market
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Property Details for 34 Mears St, Mysterton

34 Mears St, Mysterton is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 994m2 and floor size of 59m2. The place is currently for sale with McGrath Townsville.

Building Type
BlockOfUnits
Floor Size
59m2
Land Size
994m2

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About Mysterton 4812

The size of Mysterton is approximately 0.6 square kilometres. It has 3 parks covering nearly 21.6% of total area. The population of Mysterton in 2011 was 835 people. By 2016 the population was 800 showing a population decline of 4.2% in the area during that time. The predominant age group in Mysterton is 50-59 years. Households in Mysterton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mysterton work in a professional occupation. In 2011, 69.8% of the homes in Mysterton were owner-occupied compared with 72.5% in 2016.

Mysterton has 440 properties. Over the last 5 years, Houses in Mysterton have seen a 59.54% increase in median value, while Units have seen a 78.92% increase. As at 30 November 2024:

  • The median value for Houses in Mysterton is $531,578 while the median value for Units is $354,143.
  • Houses have a median rent of $453 while Units have a median rent of $250.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Mysterton on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Mysterton.

Suburb Insights for Mysterton 4812

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Contact agent
Jake Murphy
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McGrath Townsville
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.