Property Details for 1-4/20 Byron St, Mackay
1-4/20 Byron St, Mackay is a 8 bedroom, 4 bathroom Unit with 4 parking spaces.
Last Listing description (November 2019)
Solid yields, capital growth potential and low maintenance are attributes that investors continually seek but rarely find in combination when looking to acquire quality property to add to their portfolio.
20 Byron Street, Mackay does however meet all these expectations and therefore will most certainly prove to be a stand out acquisition.
Featuring:
- Four, two bedroom units (brick construction & tiled roof)
- All recently renovated to a high standard
- Future development potential for up to two units
- Single title
- Land area of 1177sqm
- Fully tenanted
- Annualised gross rental $62,900.00
- Rates $4,500.00 per half year
- Insurance $1,980.00 per annum
The Mackay economy is on the move with employment growth, an improving property market, low rental vacancy rates and the recent Qantas announcement all contributing to ongoing improvement in rental returns.
The opportunity to secure quality investment property within walking distance of the CBD, schools, supermarkets, medical and parks does not come along that often - call Greg Smith today to discuss this fabulous opportunity.
Property History for 1-4/20 Byron St, Mackay, QLD 4740
- 01 Aug 2019Listed for Sale $840,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
/assets/perm/yjsbucapqai6pahwgx6vcdi3hm?signature=dc2f624ee106c4129ac55ab96ff4dbf65aed24d025696e92d81a328089bab193){kind=logo}
0
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Mackay 4740
The size of Mackay is approximately 4.4 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Mackay in 2011 was 4,070 people. By 2016 the population was 3,642 showing a population decline of 10.5% in the area during that time. The predominant age group in Mackay is 20-29 years. Households in Mackay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mackay work in a professional occupation. In 2011, 31.8% of the homes in Mackay were owner-occupied compared with 31.8% in 2016.
Mackay has 3,461 properties. Over the last 5 years, Houses in Mackay have seen a 62.48% increase in median value, while Units have seen a 127.90% increase. As at 31 October 2024:
- The median value for Houses in Mackay is $425,647 while the median value for Units is $378,175.
- Houses have a median rent of $485 while Units have a median rent of $450.
Suburb Insights for Mackay 4740
Market Insights
Mackay Trends for Houses
N/A
N/A
View TrendN/A
N/A
Mackay Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
