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 1000-1200mΒ² 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) Β– 3 bed, 1 bath, 2 car. – 2/17 The Crescent: $622,000 (Jan 2025/26) Β– 3 bed, 2 bath, 2 car, 427mΒ² floor. – 14 The Crescent: $254,172 (Oct 2023). – 1/17 The Crescent: $375,000 (Mar 2022) Β– 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.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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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.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

943mΒ²

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