42 William Street, South Mackay QLD 4740

42 William Street, South Mackay QLD 4740
Flood risk | 809m2 land | pool | new roof The flood risk detected on this title introduces a cost and insurance constraint that must be weighed against the land value. An 809m2 block in South Mackay with a new roof and inground pool is not common, and the rental yield of 5.28% offers a credible holding position if the buyer can accept the flood overlay. This property suits a buyer looking for land upside with immediate liveability rather than a premium finish. What makes this house competitive is the land size and the pool, both rare in this price band. The polished timber floors and split-system aircon reduce immediate outlay, while the large double shed adds functional versatility for storage or entertaining. It best serves a buyer who values space and yield potential over a turnkey home, and who will treat the flood factor as a negotiable risk rather than a dealbreaker. Given the detected flood risk and the 809m2 block with a new roof, this house demands a thorough insurance quote and a land survey before proceeding further.

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

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Market Insight:

South Mackay is an emerging residential hub with strong fundamentals, anchored by its proximity to Mackay’s resource and agricultural economic base. Demand is driven by first-home buyers and interstate investors seeking affordability and high rental yields, supported by tight regional vacancy rates. Recent price growth has been significant, reflecting these fundamentals. Future growth is linked to sustained economic activity and infrastructure development, though rapid appreciation and supply constraints present key risks to entry and yield compression.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

3

Land

809mยฒ

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