SOLD
Sold on 13 Aug 2024 for $320,000

Mandalay Road
Mandalay QLD 4802

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2187m2
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Property Details for Lot 2 Mandalay Rd, Mandalay

Lot 2 Mandalay Rd, Mandalay is a 0 bedroom, 0 bathroom Unit and was built in 2019. The property has a land size of 2187m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 0 bedroom Unit sold in Mandalay in the last 12 months.

Building Type
Unit
Year Built
2019
Land Size
2187m2
Local Government
Whitsunday Regional
Lot/Plan
2/SP152082

Last Listing description (January 2024)

Rarely can we offer such a large parcel of land so close to central Airlie Beach.

The block is 16,620sqm or over 1.85hectares of natural bushland with road access to the block at various points. A great house pad site with sea views is at the northern end of the land. The view over the Port of Airlie to the Airlie Beach village is expansive. Buyers wanting privacy and space will want to mark out a home site on this lush and green acreage. Surrounded by other blocks that are also large land parcels privacy is assured.
The natural forest has many tall and exotic trees with the state forest adjoining these parcels. Held for many years and now offered for sale. No body corporate with this elevated block.

Enter through Mandalay Road and then turn into bitumen road to lot 2.

Possible sub-division potential with council consents.

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Property History for Lot 2 Mandalay Rd, Mandalay, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$320,000
13 Aug 2024
  • 13 Aug 2024
    Sold for $320,000
  • 09 Jan 2024
    Listed for Sale Not Disclosed
  • 18 Feb 2015
    Sold for $180,000
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About Mandalay 4802

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 212 properties. Over the last 5 years, Houses in Mandalay have seen a 55.17% increase in median value, while Units have seen a 71.26% increase. As at 30 November 2024:

  • The median value for Houses in Mandalay is $726,266 while the median value for Units is $576,885.
  • Houses have a median rent of $750.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Mandalay on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Mandalay.

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