2/9A Byron Street, Mackay QLD 4740

2/9A Byron Street, Mackay QLD 4740
Central Mackay unit address | Lowset unit format | Close to CBD and parkland | Inner-city demand | Flood overlay nearby This property presents as a lowset unit within a small strata-style complex, a configuration that is relatively uncommon in this pocket of Mackay where detached housing on larger blocks dominates. Its central position, within walking distance of the city centre, Queens Park, and local schools, makes it a practical choice for owner-occupiers seeking low-maintenance living without sacrificing convenience. The unit likely appeals most to first-time buyers, downsizers, or investors targeting rental demand driven by proximity to employment and amenity. The established residential setting and fully built-out nature of the street suggest limited new supply, which may support the property’s relative scarcity in the immediate area. The value of this unit may be shaped by its condition and presentation, given that nearby stock includes both older character homes and more modern lowset builds. A renovated interior with quality finishes could support a stronger price outcome, while dated fixtures may leave room for improvement and future equity growth. The presence of flood overlay on parts of Byron Street may influence insurance costs or buyer perception, and this should be weighed when forming a view on price. The absence of direct road frontage, typical of rear units, may also affect appeal for some buyers. These factors, rather than location alone, are likely to drive the final price. || Comparable Sales: 18 Byron Street house sold $420,000; 21 Byron Street house valued $825,000 | Property Price Band: $300,000–$400,000 | Value Drivers: unit condition, complex quality, flood overlay status, proximity to CBD
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/9A Byron Street, Mackay QLD 4740
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk 2
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Market Insight

Mackay is a regional Queensland centre with a diversified economy spanning mining, agriculture, manufacturing, logistics and tourism. Demand is underpinned by population growth of 0.8% annually, tight supply and a vacancy rate of 1.43% (some sources cite 0.5–0.8%), with infrastructure projects like the waterfront development supporting investor and worker influx. Prices have surged: the median house price reached $744,302, up 17.17% year-on-year and 82.68% over five years; units hit $455,434, up 17.03%. Houses sell in a median 13 days. Rents have risen 7.55% for houses to $627 weekly and 7.9% for units to $478, with gross yields of 4.37% and 5.44% respectively. Sales volume fell 5.2% to 2,977 in FY2025, reflecting constrained listings. SQM Research forecasts 7–12% growth in 2026, dependent on inflation and RBA policy. The market remains sensitive to rate moves, though prices sit below the national median of $912,465, providing a relative affordability cushion.
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PropCred Estimated Value

Comparable Sales: 18 Byron Street house sold $420,000; 21 Byron Street house valued $825,000 | Property Price Band: $300,000–$400,000 | Value Drivers: unit condition, complex quality, flood overlay status, proximity to CBD

Bedrooms

3

Bathroom

1

Parking

2

Land

318m²

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