SOLD
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Sold on 05 Sep 2024 - Price Unavailable

1/17 Rae Street
East Mackay QLD 4740

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 86m2
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Property Details for 1/17 Rae St, East Mackay

1/17 Rae St, East Mackay is a 2 bedroom, 1 bathroom Unit. The property has a land size of 86m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in East Mackay in the last 12 months.

Building Type
Unit
Land Size
86m2
Local Government
Mackay Regional
Lot/Plan
1/BUP70397

Last Listing description (September 2024)

Live the casual 'Beach Life' or REAP the profits from Mackays Ever Increasing 'Rental Prices'! -Brick Low maintenance, High rental return with affordable body corporate fee, Presented in good order well presented two bedroom home either investment or your unit-home and is only minutes by car or walk to the Town Beach.
Currently vacant and ready for your possession Local Buyers this unit is offering you immediate move into, whether you wish to reside or invest, WE have had great responses from Investors and Buyer Agents all are welcome to view - offer on this property nestled in a quiet close to public transport location and minutes to schooling - Child aftercare - Mackay CBD or Beach.

Open plan living combining the kitchen, dining, and lounge. 2x bedrooms (Builtin) which are capable of fitting queen beds in each - yes the kitchen is dated but all works fine and has ample storage and ample bench space this property is air-conditioned in the living area the balance is fanned, The bathroom was upgraded previously, and is in good order.
This property has its private rear yard (BUP development) and roller door garage car space, investing in a property such as this will see you with a return of $400+ per week which is approximately an 9+% gross return annually, Disclosure Statement, and other information available from agent Joe Morabito of LJ Hooker Mackay Group

Open houses to commence soon but please review the 3-D Virtual Open House + Unit plan online for a description of the property - This Unit will not last long as others are selling like hot cakes. The asking price is Offers from $265,000.00

Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.

Property History for 1/17 Rae St, East Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
05 Sep 2024
  • 15 Aug 2024
    Sold for $266,700
  • 12 Aug 2024
    Listed for Sale Sold
  • 05 Jun 2004
    Sold for $122,000
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About East Mackay 4740

The size of East Mackay is approximately 3.3 square kilometres. It has 6 parks covering nearly 9.9% of total area. The population of East Mackay in 2011 was 3,636 people. By 2016 the population was 3,571 showing a population decline of 1.8% in the area during that time. The predominant age group in East Mackay is 40-49 years. Households in East Mackay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Mackay work in a professional occupation. In 2011, 63.2% of the homes in East Mackay were owner-occupied compared with 58.7% in 2016.

East Mackay has 1,920 properties. Over the last 5 years, Houses in East Mackay have seen a 46.81% increase in median value, while Units have seen a 100.15% increase. As at 30 September 2024:

  • The median value for Houses in East Mackay is $513,193 while the median value for Units is $312,329.
  • Houses have a median rent of $533 while Units have a median rent of $440.
There are currently 26 properties listed for sale, and 7 properties listed for rent in East mackay on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in East mackay.

Suburb Insights for East Mackay 4740

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Contact agent
Joe Morabito
Show contact details
LJ Hooker Mackay Group
Preferred contact:
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.