12 The Crescent, North Mackay QLD 4740

12 The Crescent, North Mackay QLD 4740
3-bed, 2-bath house in low-turnover street | recent vendor resale | aligns with dominant configuration | land size anomaly requires verification. This house presents a competitively strong entry into a tightly held street where listings are infrequent, enhancing its scarcity value. Its three-bedroom, two-bathroom, two-car configuration aligns precisely with the most consistent and modern demand profile on The Crescent, serving both owner-occupiers seeking family accommodation and investors targeting sustainable rental yields, as evidenced by the comparable duplex achieving 5.68% gross. The property’s rapid resale following its January 2025 purchase indicates a motivated vendor, creating a potential negotiation window despite the listed price uplift. The primary risk mechanism is the unresolved land size discrepancy; a 2-hectare claim is inconsistent with the established 1000-1200mยฒ lot pattern and must be physically verified, as an error materially impacts value per square metre calculations. Commercial logic lies in acquiring a standard-house configuration in a street where recent sales of similar properties range from $375,000 to $622,000, positioning the current asking price within the lower spectrum, particularly for a freestanding house versus units. Proceed with a conditional offer contingent on survey confirmation, targeting a hold period that capitalises on the street’s low turnover to realise capital growth, with the dual-use flexibility of immediate tenancy or owner-occupation. Recent sales on The Crescent provide critical context: – 7A The Crescent: $670,000 (Feb 2026) ย– 3 bed, 1 bath, 2 car. – 2/17 The Crescent: $622,000 (Jan 2025/26) ย– 3 bed, 2 bath, 2 car, 427mยฒ floor. – 14 The Crescent: $254,172 (Oct 2023). – 1/17 The Crescent: $375,000 (Mar 2022) ย– 3 bed, 2 bath. This data anchors the value of a 3-bed, 2-bath house in this location firmly above $375,000, with the $622,000 sale for a duplex unit setting a compelling benchmark, against which this freestanding house at offers over $479,000 appears strategically positioned.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 12 The Crescent, North Mackay QLD 4740
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

North Mackay is a high-growth market experiencing rapid capital appreciation and strong rental demand, driven by major regional infrastructure investment and a significant housing shortage. Properties are transacting swiftly, reflecting intense buyer competition. Future growth is underpinned by substantial public works, though this same supply constraint presents a key risk to affordability and market access.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

943mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat