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Withheld
$112,956
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Try Picki for FREEConfidence
High
High
$700,000
Medium
$675,000
Low
$650,000
Confidence
Medium
This refurbished riverside home offers modern features and energy-efficient updates, including a Daikin split-system air conditioning, energy-efficient LED lighting, and new carpets throughout the main living area and bedrooms. The property features a refurbished roof, natural stone bench tops, and a new oven. The spacious 277 sqm floor area includes four bedrooms and two expansive separate living rooms. Built by Cavalier Homes in 2004 and updated in 2024, the house is well-suited for families or investors. Situated on a completely fenced lot with side vehicle access and no easements, it provides privacy and convenience. With a north-facing sun aspect and east-facing patio, it's located a mere 5 minutes from Mackay's CBD, hospitals, and shopping centers, making it an ideal location for medical professionals. NBN Fibre to the curb ensures continuous connectivity, and building pest inspection reports are available. Offering a rental appraisal of $800 per week and reduced council rates for owner-occupiers, this property must be sold by Christmas.
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2021 Population
Suburbs
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 8.0%
Accommodation and Food Services - 7.0%
Others - 62.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
Below are some similar properties in the area you may be interested in.
0%
67.2%
$590K
6%
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Try Picki for FREE$35,000
-$5,142
6.1%
Asking Price
$675,000
Estimated Purchase Price
$640,000
Stamp Duty
$21,825
Transfer Fee
$2,162
Conveyancing
$1,665
Deposit (10%)
$64,000
Reg. Mortgage
$224
LMI Premium
$18,072
Renovation Costs
-
Total Cash/Equity Required
$108,499
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
Rates
+3.0% PA
$1,676
$2,187
Water
+3.0% PA
$1,401
$1,828
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$30,670
$44,284
Interest Repayments
$38,016
$38,016
Net Cashflow Before Tax
-$7,346
$6,268
Depreciation
-
-
Tax Offset
-$2,204
$1,881
Net Cashflow After Tax
-$5,142
$4,388
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$720,900
$1,303,216
Loan Balance
I.O
$576,000
$576,000
$144,900
$727,216
