1 Cullen St, West Mackay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. The property has a land size of 607m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in March 2008.
INVESTORS THE FIGURES DO WORK
THE FIGURES DO ADD UP FOR THIS LOWEST DUPLEX IN WEST MACKAY. RENTED AT $220PW EACH UNIT, THIS GIVES A YEARLY RENT RETURN OF $22,880, WITH LEASES IN PLACE TILL DEC 08. THERE ARE NO BODY CORP FEES AND THE TENANTS MAINTAIN THE YARD. EXPENSES ARE THE MINIMUM.
THE UNITS ARE LOCATED IN WEST MACKAY, CLOSE TO THE BASE HOSPITAL, SHOPS AND THE CBD AND ONLY A SHORT STROLL TO THE LAGOONS.
The size of West Mackay is approximately 6.5 square kilometres. It has 9 parks covering nearly 8.5% of total area. The population of West Mackay in 2011 was 6,506 people. By 2016 the population was 6,209 showing a population decline of 4.6% in the area during that time. The predominant age group in West Mackay is 40-49 years. Households in West Mackay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Mackay work in a professional occupation. In 2011, 60.1% of the homes in West Mackay were owner-occupied compared with 60.8% in 2016.
West Mackay has 3,086 properties. Over the last 5 years, Houses in West Mackay have seen a 66.82% increase in median value, while Units have seen a 111.96% increase. As at 31 October 2024:
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