OFF MARKET

1/8 East Gordon Street
Mackay QLD 4740

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 78m2
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Property Details for 1/8 East Gordon St, Mackay

1/8 East Gordon St, Mackay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 78m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
1975
Floor Size
68m2
Land Size
78m2
Local Government
Mackay Regional
Lot/Plan
1/BUP71524

Last Listing description (March 2023)

On the fringe of the CBD and close to schools, shops, beaches and the fantastic Queens Park, this property is incredible value for someone wanting to get out of the rental cycle or an investor looking for strong rental returns.

This unit is in the front in a block of six so there is only one neighbour and Queen's Park is right across the road.

With two bedrooms, an air-conditioned family room and a good-sized courtyard, the unit is well set up if you want a decent-sized unit with a private outdoor area that's close to everything.

The unit has low body corporate fees and is currently vacant to enable a smooth sale.

People love this area because it has easy access to work places in the CBD, several schools, the beach, shops and the park.

With the family room and kitchen downstairs and the bedrooms and bathroom upstairs, some of its features include:

Tidy kitchen and laundry downstairs

Main bedroom and second bedroom with built-in wardrobes

Bathroom with bath

Family room with space for lounge and dining areas

Private courtyard that is a great place to sit with a cool drink or for a weekend barbie

Single-car carport as well as oodles of off-street parking

The property is located across the road from the beautiful and popular Queens Park and a short walk to Victoria Park school. It is also perfectly located for someone who works in the CBD and wants to walk to work.

If you want to break into the Mackay market and get out of the rental cycle, this is a superb opportunity.

The Mackay rental market has a vacancy rate of under 1 per cent and rents are going up so this is a also a terrific opportunity for an investor to grab something affordable, get a great rental yield and benefit from the coming growth.

Give David Fisher a call to arrange an inspection.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 1/8 East Gordon St, Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$175,000
31 Jan 2023
Listed for Rent
21 Feb 2023
  • 31 Jan 2023
    Sold for $175,000
  • 06 Dec 2022
    Listed for Rent $300 / week
  • 28 Sep 2022
    Listed for Sale $179,000
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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.
There are currently 68 properties listed for sale, and 23 properties listed for rent in Mackay on OnTheHouse. According to CoreLogic's data, 252 properties were sold in the past 12 months in Mackay.

Suburb Insights for Mackay 4740

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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.