OFF MARKET

2/73 Illawong Drive
Paget QLD 4740

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 218m2
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Property Details for 2/73 Illawong Dr, Paget

2/73 Illawong Dr, Paget is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 218m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1970
Land Size
218m2
Local Government
Mackay Regional
Lot/Plan
2/GTP105948

Last Listing description (April 2022)

Do not hesitate, jump feet first into starting your own Investment Portfolio! These highly desirable units have shown positive gearing in the past few years and with great returns you're not digging into your own savings which is what owning an investment property is all about.
The added benefit of this property is being able to use it for that overdue R&R holiday for yourself.

Some of the many features of the unit are:-

- Carefree, Resort style living in a fully furnished self-contained 2 bedroom unit
- Air conditioned and tiled through out
- Open plan dining and living areas with cathedral ceilings
- Take advantage of the cool sea breezes coming off the ocean
- Enjoy entertaining with an in-ground pool, bbq areas, gazebo and spa
- Private access to the beautiful town beach at your doorstep
- Rental returns for 2011, 2012 & 2013 have been very good with occupancy rates at a solid 75%
- With an onsite management group there is more free time to kick back and relax

Illawong Beach Resort is located in South Mackay only minutes to the Mackay CBD and airport.

Don't wait, start your portfolio now with this unit priced at exceptional value.

To organise a viewing or for more information, please contact marketing agent Joseph Rickman.

Property Code: 278

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 enquires."

Property History for 2/73 Illawong Dr, Paget, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$38,500
02 Mar 2022
  • 02 Mar 2022
    Sold for $38,500
  • 13 May 2011
    Listed for Sale $195,000
  • 25 Sep 2009
    Listed for Sale Not Disclosed
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About Paget 4740

The size of Paget is approximately 14.1 square kilometres. It has 11 parks covering nearly 6% of total area. The population of Paget in 2011 was 360 people. By 2016 the population was 291 showing a population decline of 19.2% in the area during that time. The predominant age group in Paget is 50-59 years. Households in Paget are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Paget work in a machinery operators and drivers occupation. In 2011, 62.4% of the homes in Paget were owner-occupied compared with 44.6% in 2016.

Paget has 879 properties. Over the last 5 years, Houses in Paget have seen a 61.76% increase in median value, while Units have seen a 137.26% increase. As at 31 October 2024:

  • The median value for Houses in Paget is $494,065 while the median value for Units is $398,578.
  • Houses have a median rent of $48,000 while Units have a median rent of $420.
There are currently 6 properties listed for sale, and no properties listed for rent in Paget on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Paget.

Suburb Insights for Paget 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.