166 Goldsmith Street, South Mackay QLD 4740

166 Goldsmith Street, South Mackay QLD 4740
3 bed 2 bath 3 car | 1,014 m² block | flood overlay noted | pool & sheds | family-house pocket A three-bedroom, two-bathroom house with three-car parking is positioned on a large 1,014 m² block in an established South Mackay street. The 202 m² floor plan includes a rumpus room, and the outdoor improvements add an inground pool, deck and shed, giving the property strong day-to-day utility. This combination of generous land, covered parking and storage suits family buyers or owners who need room for vehicles and equipment. The location places the house within easy reach of the CBD and beach, and the surrounding streets are characterised by older, family-oriented housing on similarly sized lots. It sits comfortably in that segment rather than competing as a compact or modern infill product. The flood overlay recorded for the property may be viewed as the main constraint, with possible effects on insurance and resale sentiment. The age and finish standard are not confirmed, so condition might vary more than the listing implies. The large block, shed and pool add practical value, but maintenance costs should be anticipated. A buyer’s final view on price will likely depend on how those trade-offs are balanced.
Detailed Independent Property Report prepared  by PropCred Analyst team for 166 Goldsmith Street, South Mackay QLD 4740
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk 2
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Market Insight

South Mackay is an emerging hotspot positioned within Mackay’s regional hub, with infrastructure links to mining, resources and agriculture. Demand is led by first-home buyers and interstate investors from Brisbane, Sydney and Melbourne, drawn to affordability, rental demand and yields above 5% for houses (5.6%) and 6.9% for units across Mackay. Over the past 12 months, the median house price reached $580,000 with 27.47% annual growth, supported by 156 sales and tight regional inventory. Future growth rests on economic expansion in mining and agriculture and strong development fundamentals. Key risks include rapid price appreciation pressuring entry affordability, supply constraints and interest-rate sensitivity in a yield-sensitive regional market.
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PropCred Estimated Value

Comparable Sales: 128 Goldsmith St sold $534,000; 176 Goldsmith St sold $500,000 | Property Price Band: $500,000-600,000 | Value Drivers: land size, pool/shed layout, flood overlay awareness

Bedrooms

3

Bathroom

2

Parking

3

Land

1015m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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