98 Scott Street South Mackay QLD 4740
98 Scott Street South Mackay QLD 4740
5 bed family home on 816sqm|Listed $799k vs $790k est value|Flood overlay noted|Strong 4 car parking| This five-bedroom house on an 816sqm block with four car spaces suits extended families or investors eyeing school catchments in South Mackay. The generous land size and substantial 323sqm building footprint provide ample room for practical living, from multi-generational setups to home-based work spaces. Four car parks stand out on a street where recent sales of smaller three and four bedroom homes fetched $680k to $696k on 600-800sqm lots. This positions it as a larger offering amid typical family dwellings, appealing to buyers needing space without venturing further out. A flood overlay tempers immediate appeal for risk-averse purchasers, yet low 4m elevation and no bushfire issues keep insurance viable. Long-held since a $95k sale 31 years ago, it reflects steady appreciation in a stable residential zone. Rental potential around $695 weekly underscores holding value for yield-focused owners. Similar oversized homes here draw families tied to Victoria Park State School and Mackay High, sustaining demand. Over time, the block’s utility and NBN connectivity bolster its place in a market favoring functional assets.
Detailed Independent Property Report prepared by PropCred Analyst team for 98 Scott Street South Mackay QLD 4740
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Strong demand in South Mackay is driven by Mackay’s sub?1% vacancy and rental yields near 6–7%, which keeps investors and lifestyle relocators moving stock in roughly a month on market.
Buyers are attracted to affordable coastal living while values keep climbing—houses roughly +17% and units +21% over the past year—showing a steady upward trend through late 2025 into early 2026.
With no major new infrastructure locally and limited approvals inside the suburb, constrained supply underpins growth but keeps affordability pressure high and invites out?of-town investors, so keep an eye on competition for sub?$600k stock.
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PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
4
Land
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