SOLD
RECENT ADVICE
Sold on 06 Jun 2024 for $450,000

83 Bannister Street
South Mackay QLD 4740

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 221m2
Land area: 809m2
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Property Details for 83 Bannister St, South Mackay

83 Bannister St, South Mackay is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 809m2 and floor size of 221m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in South Mackay in the last 12 months.

Building Type
House
Floor Size
221m2
Land Size
809m2
Local Government
Mackay Regional
Lot/Plan
56/RP714454

Last Listing description (June 2024)

This charming spacious post war cottage style home is a delightful addition to any portfolio, offering a perfect blend of timeless charm and modern convenience.

The moment you step inside, you'll feel right at home. High ceilings grace the interior, filling the space with abundant natural light. The lounge room and main bedroom feature intricate ceiling rosettes and patterned cornices, adding warmth, texture, and character throughout the home.

-Current Rental Income: $510.00/week & managed by our dedicated team at Pinpoint Property

-Lease Duration: Fixed Lease from 23 Mar 2024 to 21 Mar 2025
-Rates Approx $3,725.58 per Annum
-Bond Amount: $2040

Key Features Include:

- Spacious Layout: Fantastic, spacious layout with approximately 221m2 under roof, offering 3 Bedrooms + Study, 2 bathrooms & Multiple areas to entertain and relax, including 2 versatile separate living areas and a spacious outdoor undercover entertainment area.

- Modern Kitchen: Spacious, modern kitchen with double door pantry & fridge space, brand new 90cm Chef's Oven with a 4-burner gas cooktop & Dishwasher

- Comfort: All three bedrooms and the two living areas are air-conditioned. Each bedroom features large floor-to-ceiling built-in cupboards.

- Outdoor Space & further details: 809m2 fenced low maintenance block, gated entry, and concrete driveway to shed, Childrens fort, Electric hot water system replaced 2023 and Origin Delivered Bottled Gas for the Chef’s oven, NBN Connected

South Mackay is an investor’s dream, strategically positioned just minutes from the heart of Mackay, Queensland. This vibrant suburb offers robust rental demand, promising growth prospects, and an array of amenities, making it a top choice for savvy investors seeking stable returns and capital appreciation.

Key Investment Highlights include:
Location & Accessibility: Proximity to CBD: Located a short drive from Mackay’s Central Business District, ensuring high tenant appeal due to easy access to businesses, shopping centres, and entertainment.

Transport Links: Excellent connectivity via major roads and public transport, providing convenience for commuters and enhancing rental desirability.

Strong Rental Market: High Demand less than 1% vacancy rate
Consistent demand for rental properties driven by professionals, families, and students.
Stable Returns: Competitive rental yields, supported by a steady influx of tenants seeking the area’s lifestyle and amenities.

Lifestyle Recreation and Leisure: A sports lover’s paradise – South Mackay has the largest concentration of sports clubs, stadiums & sports parks in the region, the most prominent being Harrup Park Country Club with its six sporting ovals, bar, bistro & function rooms

Close to Queens Park, Illawong Park, Town Beach & picturesque Far Beach – Revered for its breathtaking beauty & powder soft white sand, Far Beach attracts people from near & far & is popular as a walking beach with locals. Equally beautiful, the tranquil Queens Park & Illawong
Park offers a perfect place for a BBQ or picnic & plenty of trees that provide great shade. Both parks also feature playgrounds & Queens Park includes off-leash, fenced areas for dogs to play.

Comprehensive Amenities: Shopping & Dining: Proximity to diverse shopping centres, cafes, bars, and restaurants boosts the suburb’s attractiveness to a wide tenant base.

Educational Institutions: Multiple state and private schools, childcare centres, and kindergartens nearby increase appeal for families.

Recreation & Leisure: Diverse Property Types: A mix of housing options, from classic homes in original condition or restored and renovated with the classic charm, to modern homes & units, catering to varied tenant preferences.

Capital Growth: Strong historical growth in property values, with future potential for appreciation due to ongoing development and demand.

Education & Employment:- Proximity to Schools: Easy access to reputable schools and early learning centres attracts families looking for quality education options.

Employment Hubs: Close to the CBD and key industrial areas, providing ample employment opportunities for residents.

Why Invest in South Mackay?
South Mackay combines urban convenience with a relaxed, community-focused lifestyle, making it a magnet for renters and a goldmine for investors. The suburb’s strategic location, strong rental demand, and excellent growth potential make it a prime choice for property investment.

Secure your investment in South Mackay today – where stable returns and promising growth await.

Rental Management: Selecting the right rental agency is crucial for the care and financial success of your property. It's important to choose a firm that's a dedicated guardian of your investment. Ultimately, the right rental agency becomes a valuable partner, ensuring your property is well-managed, tenants are happy, and your investment continues to grow.

At Pinpoint property We are proud to be different, as an independent boutique real estate agency in Mackay we believe real estate is about people first and foremost.
Commitment to you and your investment comes first. We choose to manage a minimal number of properties so each investment receives the focus and attention it deserves providing you with exceptional personalised service.

We have a high customer satisfaction record, so if you are an investor you’ve come to the right place. You’ll find Pinpoint Property does much more than just collect the rent.

The Pinpoint Property Management team promise:
- More time
- Complete focus and personal attention to you and your investment property
- Maximum return on your investment
- Minimal vacancy periods
- Ongoing communication
- Honest, reliable, enthusiastic, proactive, and dedicated service
- A well-maintained rental property at all times

You’ve worked hard to own an investment property and deserve the very best to ensure it continues to grow in value, while providing you with a steady year-round return. Our tailored property management systems and procedures have been proven to consistently maximise returns for you as a property investor.

Contact us for an obligation free chat about your property goals today.

Property History for 83 Bannister St, South Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$450,000
06 Jun 2024
  • 06 Jun 2024
    Sold for $450,000
  • 05 Feb 2002
    Sold for $152,500
  • 24 Jan 1994
    Sold for $115,000
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About South Mackay 4740

The size of South Mackay is approximately 7.2 square kilometres. It has 11 parks covering nearly 13.1% of total area. The population of South Mackay in 2011 was 7,415 people. By 2016 the population was 6,732 showing a population decline of 9.2% in the area during that time. The predominant age group in South Mackay is 50-59 years. Households in South Mackay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Mackay work in a trades occupation. In 2011, 59.5% of the homes in South Mackay were owner-occupied compared with 57.9% in 2016.

South Mackay has 3,545 properties. Over the last 5 years, Houses in South Mackay have seen a 62.64% increase in median value, while Units have seen a 50.84% increase. As at 31 July 2024:

  • The median value for Houses in South Mackay is $428,658 while the median value for Units is $291,250.
  • Houses have a median rent of $545 while Units have a median rent of $450.
There are currently 26 properties listed for sale, and 1 property listed for rent in South mackay on OnTheHouse. According to CoreLogic's data, 225 properties were sold in the past 12 months in South mackay.

Suburb Insights for South Mackay 4740

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Emma Elliott
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Pinpoint Property Mackay
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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.