SOLD
Sold on 25 Jan 2024 for $270,000

602/5-7 Nelson Street
Mackay QLD 4740

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 67m2
Sold By
Adele Annetts
360 PROPERTY MANAGEMENT
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Property Details for 602/5-7 Nelson St, Mackay

602/5-7 Nelson St, Mackay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 67m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Mackay in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
51m2
Land Size
67m2
Local Government
Mackay Regional
Lot/Plan
26/SP277585

Last Listing description (March 2024)

You do not want to miss out on this opportunity to acquire this highly desired address. Located on the 7th floor of the Riviera Apartments, this functional one-bedroom, one-bathroom apartment boasts a well-designed open plan layout.

Feel at home with a streamline, modern interior, high end fixtures and fittings throughout, spacious bedroom with a mirrored built in wardrobe, a stylish bathroom tied together with a private balcony looking over the picturesque Pioneer River. Fully air-conditioned with euro laundry, rooftop BBQ facilities and secure undercover car park.

This executive apartment is sure to be appealing to both Owner Occupiers and Investors as a solid long-term investment with a rental return of $440 per week.

Contact Our Agents Today To Organise Your Private Inspection.

Property History for 602/5-7 Nelson St, Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$270,000
25 Jan 2024
Listed for Rent
$420/w
07 Jul 2022
  • 25 Jan 2024
    Sold for $270,000
  • 02 Nov 2023
    Listed for Sale Not Disclosed
  • 24 Jun 2022
    Listed for Rent $419 / week
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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 3,464 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 71 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.