13 Kassidy Drive Emerald QLD 4720
13 Kassidy Drive Emerald QLD 4720
Duplex investment | 921mΒ² lot | 5 beds/5 baths | $800k asking| strong rental yield. This five-bedroom duplex semi-detached on a 921sqm block in Mayfair Estate suits investors targeting dual-income streams or extended families needing separate living quarters. The stand-alone design on a spacious subdivided lot offers practical separation for tenants or multi-generational setups, with each side providing ensuite access and private outdoor areas that enhance everyday usability. Sitting amid similar townhouses and units on Kassidy Drive, it stands out for its larger footprint and four-car parking, positioning it above smaller 2-3 bedroom peers like 1/13 and 2/13 which lease steadily nearby. Buyers drawn to these setups often include local professionals or mining families valuing privacy and low-maintenance yields in Emerald’s rental market. Comparable duplexes and semis here have held value well, with recent sales around $593k for nearby properties reflecting steady demand despite slower turnover. Its modern finishes and fenced yard support reliable tenancy, as seen in the quick leasing of adjacent units. Long-term, the generous land size on SP252470 provides holding appeal, allowing potential for value-add renovations or enduring as a set-and-forget income asset in a growth-oriented pocket. Market signals point to resilience for well-specced duplexes like this one.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
EmeraldΒs demand is anchored in Central Queensland mining employment, ultra-low vacancy and affordability that draws Brisbane, Sydney and Melbourne investors, keeping stock tight and rents high.) Buyers are locking in family homes and investors chasing 5.9-6.5% yields while houses now average near $500k and are up about 23% year on year, with typical listings selling in under six weeks, so the six-month trajectory mirrors that positive momentum.) Risks include mining-cycle sensitivity and high build costs that stalled new supply even as vacancy sits below 0.1%, yet the rental shortage keeps buyer focus steady.)