16 Mulherin Street East Mackay QLD 4740
16 Mulherin Street East Mackay QLD 4740
3 bed highset on 769m² |Est $711k value |300m to Town Beach |Flood overlay noted|Offers over $679k |Renovated 1970s appeal |Rental pot’l $750pw. This three-bedroom house on a 769m² block suits downsizers or small families valuing beach proximity and low-maintenance tropical living. Built in 1970, its highset design on an 18% site coverage lot provides practical separation from ground level while maximising yard space for gardens or storage. The generous land holding stands out on its street, where similar blocks support family-oriented setups amid established homes. Recent renovations blend period charm with modern functionality, appealing to buyers seeking coastal ease without full rebuild costs. Properties like this in the local market hold steady, with estimated values tracking around $710k amid consistent rental demand from airport and school commuters. Its position just 300 metres from Town Beach enhances lifestyle draw for owner-occupiers, while the flood overlay tempers financing appeal for some. Long-term, the 769m² lot offers redevelopment potential under residential zoning, bolstering holding value as East Mackay’s beachside pockets firm up. Similar 1970s highsets have seen reliable appreciation, driven by scarcity of large blocks near amenities. Overall, it positions as a solid entry for regional relocators eyeing rental yield or gradual upgrades.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Mulherin Street East Mackay QLD 4740
Market Insight:
East Mackays demand is led by its coastal, inner?Mackay positionclose to the CBD, port and health/education hubscombined with relative affordability and solid rental yields that attract investors and first?home buyers. Buyers value lifestyle (beach and river access), rental income and compact commute times; growth upside comes from steady regional infrastructure and population gains, while risks include exposure to mining?sector cycles and cyclone/flood vulnerability. Broadly, prices have firmed and shown modest uplift over the past six months amid low listings and tight rental vacancy, but expect cyclical volatility.