Address
51 Coogee Terrace, Blacks Beach, QLD 4740
Investment Strategy
Positive Cashflow/High Yield
Development Timeline
Property Purchased
Advertised For Rent
About the Property
Discover the epitome of easy living with this impeccably maintained, single-level home that’s set to leave a lasting impression. Ideally situated within a leisurely stroll from the beach, the Tavern, Blacks Beach Shopping Village, and just a short drive to local schools, this property offers both convenience and comfort..
Key features of this property include:
– An open-plan kitchen and dining area that seamlessly flows to the undercover patio
– A separate lounge room providing privacy and a serene atmosphere
– A generously sized master bedroom featuring a ceiling fan, split-system air-conditioning, walk-in robe, and ensuite
– Three additional bedrooms, all equipped with fans and built-in wardrobes
– A secure two-bay garage with automatic doors for your convenience
– A fully fenced private backyard, complemented by a convenient outdoor patio area
– Enjoy the convenience of walking to the Tavern, Beach, and Shopping Village
From the homely.com.au listing
Investment Stats
2023
3.5
7.9
About the Suburb
Overview: Blacks Beach, a coastal suburb nestled in Mackay, Queensland, offers a serene and picturesque coastal lifestyle. With a population of approximately 4,153 residents and 1,622 dwellings, Blacks Beach is a tranquil community by the sea.
Residential Landscape: Blacks Beach presents a diverse residential landscape, with around 45% of residents being owner-occupiers. The IQR % Median of 25% suggests a range of housing options, accommodating various preferences. On average, properties in Blacks Beach spend approximately 46 days on the market (DOM), indicating a balanced real estate market.
Education and Lifestyle: While specific details regarding the ICSEA School Score are unavailable, Blacks Beach likely offers access to quality education and a lifestyle enriched by its coastal surroundings. The suburb’s beautiful beaches and natural beauty contribute to its appeal.
Property Market: Blacks Beach boasts a median property price of $420,000, making it an affordable choice for potential homeowners. The recent % growth rate of 3.5% indicates a healthy increase in property values, attracting both homebuyers and investors. Rental properties in the suburb provide an impressive yield of 6.6%, making it an attractive option for those seeking rental income. The exceptionally low vacancy rate of 0.1% underscores the strong demand for rental properties in Blacks Beach.
Market Activity: The Market Absorption rate of 26% reflects the desirability of Blacks Beach, with properties being absorbed into the market at a steady pace.
Blacks Beach is a coastal paradise, offering a tranquil and idyllic coastal lifestyle. Although specific details about the ICSEA School Score were not provided, its affordability, property market growth, and low vacancy rate make it an appealing choice for individuals seeking a relaxed beachside living experience.
Suburb Median
Vacancy Rate
