SOLD
RECENT ADVICE
Sold on 02 Jul 2024 for $245,000

8/7 Bridge Road
East Mackay QLD 4740

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 82m2
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Property Details for 8/7 Bridge Rd, East Mackay

8/7 Bridge Rd, East Mackay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 82m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in East Mackay in the last 12 months.

Building Type
Unit
Land Size
82m2

Last Listing description (July 2024)

Low maintenance, low body corporate and low travel assured for this well presented two bedroom property only a moments' walk to the beach. Vacant and ready for your possession 8/7 Bridge Road has presented to the market offering you a fresh start, whether you wish to live or invest.

On the lower level of this home you'll enjoy open plan living combining the kitchen, dining and lounge spaces. You'll find the kitchen to be loaded with storage and ample bench space, plus the oven is brand new. On the upper level you'll find two very generously sized bedrooms, both with built-in-robes, the main bedroom with a balcony and not to forget this property is fully air conditioned. The bathroom is also on the upper level, with separate shower and toilet for added functionality.

This property has its own private rear courtyard and covered car space, plus there is a private storage room. And as for external maintenance, owners or tenants don't have to lift a finger as the body corp. takes care of the mowing and maintenance of the complex pool. And you'll just love this properties positioning as you can head down to East Mackay Beach for morning walks, then enjoy afternoon drinks at the newly refreshed Ocean International right next door.

Therefore, investing in a property such as this will currently see you with a return of $390 per week which is approximately an 8.1% gross return annually, or after associated costs your net return is approximately 4.5%. Whether you're looking for yourself or your next investment, 8/7 Bridge Road could be exactly what you're after. Well presented and move in ready, this property is sure to be popular.

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 8/7 Bridge Rd, East Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$245,000
02 Jul 2024
Listed for Rent
$450/w
26 Jul 2024
  • 10 Jul 2024
    Listed for Rent $450 / week
  • 06 Jun 2024
    Sold for $245,000
  • 30 May 2024
    Listed for Sale SOLD by Dean Fuhlbohm
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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 1,928 properties. Over the last 5 years, Houses in East Mackay have seen a 61.72% increase in median value, while Units have seen a 107.55% increase. As at 30 November 2024:

  • The median value for Houses in East Mackay is $542,777 while the median value for Units is $350,448.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 22 properties listed for sale, and 3 properties listed for rent in East mackay on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in East mackay.

Suburb Insights for East Mackay 4740

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Contact agent
Dean Fuhlbohm
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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.