Unit 4, 7 NELSON STREET Mackay QLD 4740
This property is Off Market
- The Average property price in this area is $575,451, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 2.76 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Mackay
With an average age of 42, households expect an average monthly mortgage payment of $2,145 or a weekly rent payment of $400. The average family earns a weekly income of $2,471 with a typical household size of 1.8 and a 93.63% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Mackay due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Mackay provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Mackay requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Mackay we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mackay a better buying opportunity than it may have been in the past.
Population
(Country of Birth not stated 34%)
Are people healthy?
There are a recorded 423 asthma sufferers and 225 people living with diabetes. In addition, 172 people have a heart/vascular condition and 398 people live with three or more chronic diseases.A good place to invest in property?
Mackay a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
19 / 100
32 / 100
Industry
20 / 100
32 / 100
Population
33 / 100
40 / 100
House Prices
37 / 100
63 / 100
Jobs
18 / 100
31 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsMackay Central SS Mackay SHS
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Victoria Park State School
East Mackay, QLD, 4740 State Prep-6
Property Story
Unit 4, 7 Nelson Street, Mackay, Qld, 4740 is a residential property . The estimated distance to the sea is 2.76km and 0.66KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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