5 Melaleuca StreetSlade Point QLD 4740
Property Details for 5 Melaleuca St, Slade Point
5 Melaleuca St, Slade Point is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 707m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
Last Listing description (November 2019)
Here's an opportunity for an investor to grab this fabulous duplex and make solid returns now and into the future. Currently returning $400 per week, this property consists of 2 x 2 bedroom renovated units with solid brick construction and within walking distance to the beach, the new whale watching platform and a short drive to Mackay CBD. Each unit has upgraded kitchens, bathroom and flooring and each also have fenced backyards given the block is 707m2. With the current shortage of rental vacancies surely this is a sound investment and one in which you could continue to leave as an investment or move into one side and rent the other unit.
Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
Property History for 5 Melaleuca St, Slade Point, QLD 4740
- 15 Oct 2019Sold for $290,000
- 31 Jul 2018Listed for Sale $299,000 Neg
- 10 Oct 2016Listed for Sale POA
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About Slade Point 4740
The size of Slade Point is approximately 7.1 square kilometres. It has 11 parks covering nearly 39.1% of total area. The population of Slade Point in 2011 was 3,859 people. By 2016 the population was 3,353 showing a population decline of 13.1% in the area during that time. The predominant age group in Slade Point is 50-59 years. Households in Slade Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Slade Point work in a trades occupation. In 2011, 64.1% of the homes in Slade Point were owner-occupied compared with 64.5% in 2016.
Slade Point has 1,769 properties. Over the last 5 years, Houses in Slade Point have seen a 73.76% increase in median value, while Units have seen a 117.00% increase. As at 31 October 2024:
- The median value for Houses in Slade Point is $502,477 while the median value for Units is $375,638.
- Houses have a median rent of $555 while Units have a median rent of $440.
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