6/10 East Gordon Street, Mackay QLD 4740

6/10 East Gordon Street, Mackay QLD 4740
Two-bedroom unit in East Mackay | Flood and bushfire overlays present | Built 1980, small land area | Strong location near town, beach, park | FTTP and 5G connectivity. This unit offers a rare configuration advantage in a tightly held coastal pocket: two bedrooms and a dedicated car space in a market where one-bedroom stock dominates. The 74-square-metre footprint is efficient, not generous, but the inclusion of air conditioning and a dishwasher lifts it above basic 1980s stock. For a buyer seeking low-maintenance living within walking distance of Queens Park, the town centre, and the beach, this property competes directly against newer builds at a lower entry point. It suits owner-occupiers prioritising location over space, or investors targeting the reliable rental demand that East Mackayโ€™s central amenity supports. The primary risk is the dual overlay exposureโ€”flood and bushfireโ€”which may affect insurance premiums and future resale liquidity. The 1980 build date warrants careful inspection for asbestos, ageing plumbing, and electrical systems. Body corporate fees and sinking fund health are critical unknowns; a low balance could signal deferred maintenance. The opportunity lies in negotiating below the $380,000 asking price, given recent comparable sales in the same complex at $245,000 for one-bedroom units, and automated valuations clustering around $326,000. A thorough due diligence on overlay categories and strata records will determine whether this is a sound entry or a value trap.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 6/10 East Gordon Street, Mackay QLD 4740
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Market Insight:

Mackay is positioned as a resilient regional hub underpinned by a diverse economy, driving sustained demand from workers and investors. Recent market conditions are characterised by strong price momentum and tight supply, with properties transacting swiftly. Future growth is supported by significant infrastructure investment and population expansion, though remains sensitive to broader economic policy and the persistent undersupply of housing stock.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

74mยฒ

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