2/1 Tiki Lane, Mandalay is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2001. The property has a land size of 604m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in March 1998.
Opportunity calls for first home buyers!
This great starter home offers the ideal balance between budget and lifestyle for young families, investors or first home buyers trying to get into the market.
Situated in a private street and only a short distance from main street Airlie Beach, Jubilee Tavern and shops, this home offers a low maintenance lifestyle in an ultra convenient location in Jubilee Pocket where investors can expect a rental return of approximately $385 per week.
The size of Mandalay is approximately 2.5 square kilometres. It has 5 parks covering nearly 11.2% of total area. The population of Mandalay in 2011 was 304 people. By 2016 the population was 329 showing a population growth of 8.2% in the area during that time. The predominant age group in Mandalay is 40-49 years. Households in Mandalay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mandalay work in a trades occupation. In 2011, 60% of the homes in Mandalay were owner-occupied compared with 54.2% in 2016.
Mandalay has 209 properties. Over the last 5 years, Houses in Mandalay have seen a 83.53% increase in median value, while Units have seen a 108.95% increase. As at 31 October 2024:
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