41 Keelan Street, East Mackay QLD 4740
41 Keelan Street, East Mackay QLD 4740
Detached house on large block | Street mix from entry to premium | Tight rental demand | Flood overlay nearby | Family-oriented coastal suburb
This property sits in a street where houses dominate and land parcels are generous, which is increasingly uncommon close to Mackay’s core. The surrounding stock is almost entirely detached family housing, with lot sizes that appeal to buyers wanting yard space without leaving the urban area. That configuration suits owner-occupiers seeking a house-and-yard lifestyle, and the suburb’s low vacancy rate suggests rental demand is steady if the property ever moves to the investment market. The street itself shows a wide price spread, which points to micro-location and condition driving value more than the suburb label alone.
The flood overlay detected on a nearby comparable is the main factor that might shape buyer perception and price expectations. Low-lying coastal settings carry this risk across much of East Mackay, so it is not unusual, but it does mean due diligence on floor level and drainage history is worthwhile. Building age likely varies along the street, with some modern construction evident nearby, so a newer build or renovated interior could justify a premium over older stock. Land size, presentation, and how the house sits relative to flood risk are the variables most likely to influence what a buyer is prepared to offer.
|| Comparable Sales: similar street homes sold near $600,000 and $1.2M | Property Price Band: $500K–$1.3M | Value Drivers: land size, condition, flood exposure
Detailed Independent Property Report prepared by PropCred Analyst team for 41 Keelan Street, East Mackay QLD 4740
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
URL has been copied successfully!
Market Insight
East Mackay QLD 4740 is a tightly held coastal suburb in the broader Mackay network, with a median house price of $650,000 (21.5% annual growth) and units at $341,500 (8.41%). Demand is driven by families, professionals, retirees, interstate investors, first-home buyers, and lifestyle purchasers seeking relative affordability; a 0.6% vacancy rate, $620 weekly house rent, 5.57% house yield, and 6.82% unit yield confirm rental strength. Houses sell in 15 days, with 88 annual transactions. Infrastructure such as the Mackay Ring Road and airport expansions improves connectivity and supports diversified employment. Population growth of 1.5–2% annually and limited supply drive future appreciation. Key constraints: affordability pressures from low stock, ongoing supply shortages, and sensitivity to rate movements and resources cycles; schools remain adequate for family demand.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: similar street homes sold near $600,000 and $1.2M | Property Price Band: $500K–$1.3M | Value Drivers: land size, condition, flood exposure
Bedrooms
3
Bathroom
1
Parking
3
Land
721m²
URL has been copied successfully!