57/8 Breakwater Access Road, Mackay Harbour QLD 4740

57/8 Breakwater Access Road, Mackay Harbour QLD 4740
3 bed unit | Marina precinct | 132mยฒ | Priced above median This unit presents a rare configuration in the Mackay Harbour precinct: a three-bedroom, two-bathroom layout with two secure parking spaces, which is competitively scarce for a 132mยฒ floorplan. The propertyโ€™s positioning within the marina precinct offers direct access to waterfront dining and coastal amenities, making it particularly suited to owner-occupiers seeking a lock-and-leave lifestyle or downsizers valuing proximity to services. The long-term resident demographic (57%) and established community character reduce turnover risk, while the 9.2% annual price growth signals sustained demand in this micro-market. The primary risk is the $65,000 premium above the median unit price, which compresses the rental yield to 5.3% versus 6.1% for comparable units,this property is best held as a primary residence rather than an investment. The 65-day average days on market suggests measured buyer appetite, so negotiation room may exist despite the short listing period. Buyers should verify the specific unitโ€™s aspect and noise exposure within the complex, as the January 2024 sale of a larger unit (223mยฒ) for $425,000 implies significant variation by position. For an owner-occupier, this property offers a stable, amenity-rich hold with moderate capital growth; for an investor, the yield gap requires accepting lower cash flow in exchange for precinct scarcity.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 57/8 Breakwater Access Road, Mackay Harbour QLD 4740
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Market Insight:

Mackay Harbour is a coastal suburb anchored by the regional port and its critical links to the resource sector, attracting a professional demographic seeking proximity to employment and lifestyle. Demand is driven by workers in mining and support services, supported by significant infrastructure investment and a tight rental market. The suburb is positioned for growth, underpinned by its economic role and regional population trends, though it remains subject to broader cyclical factors influencing regional markets.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

-

Land

132mยฒ

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