9 Bovey Street, North Mackay QLD 4740
9 Bovey Street, North Mackay QLD 4740
4-bed house on 809m² | $550,000 street sale | Family-focused North Mackay pocket | School catchment appeal | Large-block opportunity
This property sits in a part of North Mackay where detached houses on substantial parcels are the norm, and the configuration here is a practical match for family buyers. The four-bedroom layout with multiple living zones and parking for two cars gives it a genuine edge over the smaller three-bedroom homes that also appear on this street. It serves best an owner-occupier household wanting room to grow, with schools and shopping within easy reach, and the large block offers real flexibility for outdoor living, a shed, or future additions.
The mid-century build era means condition and presentation will carry significant weight in how buyers perceive its value. Upgrades to the kitchen or bathrooms, along with the quality of any deck or outdoor entertaining space, may influence what someone is prepared to pay. The 809m² land size is a strong draw in this market, but the age of the dwelling could prompt maintenance considerations that a buyer should factor into their thinking. Rental demand for family houses in the area provides a reasonable floor for value, though the property’s final price will hinge on how well it presents against similar stock.
|| Comparable Sales: 13 Bovey Street sold $480,000; 9 Bovey Street sold $550,000 | Property Price Band: $500K–$600K | Value Drivers: Land size, condition, layout flexibility
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Bovey Street, North Mackay QLD 4740
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
North Mackay sits within the broader Mackay region, where a 1.43% vacancy rate and a widely cited housing shortage underpin conditions. Renters make up 27% of residents, and rental demand is firm: house rents rose 17% and unit rents 5.6% over the past year. Turnover is rapid, with houses selling in 12–34 days. Median house prices range from $554,000 to $565,000, with annual growth of 18.8–33.9%; units average $360,000, with growth of 22–49.4%, though sales volumes are thin. Gross yields are solid, with houses at 4.6–5.8% and units at 5.44–6.33%. Demand is driven by proximity to the Mackay Waterfront project and the $250 million Base Hospital expansion, which attract workers and lift population. The key constraints are affordability pressures and interest-rate sensitivity, while the regional housing shortage is likely to keep price growth elevated.
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PropCred Estimated Value
Comparable Sales: 13 Bovey Street sold $480,000; 9 Bovey Street sold $550,000 | Property Price Band: $500K–$600K | Value Drivers: Land size, condition, layout flexibility
Bedrooms
4
Bathroom
2
Parking
4
Land
708m²
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