48/23 Alfred Street, Mackay, QLD 4740 | Property Value & History | OnTheHouse
OFF MARKET

48/23 Alfred Street
Mackay QLD 4740

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 100m2
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Last updated 24 Aug 2026
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Property Details for 48/23 Alfred St, Mackay

48/23 Alfred St, Mackay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a floor size of 100m2.

Building Type
Unit
Year Built
2015
Floor Size
100m2
Local Government
Mackay Regional

Last Listing description (January 2026)

Modern Dual-Income Investment - 9.88% Return, Prime Mackay CBD Location!Welcome to 48/23 Alfred Street, a modern dual-key apartment delivering style, space, and unbeatable returns right in the heart of Mackay's city centre. Perfectly positioned within walking distance to the Caneland Central Shopping Centre, Bluewater Lagoon, and the city's vibrant caf scene, this property promises exceptional convenience and strong rental demand.This impressive apartment offers two self-contained residences under one title - giving you the flexibility to live in one and lease the other, or enjoy a combined income of $950 per week ($590 + $360 per week), which equates to a remarkable 9.88% return at a $500,000 purchase price.Step inside to discover a fresh, light-filled design featuring: Two modern kitchens with stainless steel appliances and stone bench tops Three spacious bedrooms with mirrored built-ins and air-conditioning Two contemporary bathrooms with quality finishes Open-plan living and dining flowing to private balconies with city and district views Secure complex with lift access, intercom system, and allocated parkingWhether you're an astute investor seeking excellent yield, or a downsizer or professional looking for low-maintenance living in a prime location - this property offers the best of both worlds.With Mackay's rental market continuing to tighten and infrastructure growth surging, opportunities like this are rarely seen.Offers from $499,000 - this dual-income beauty won't last long!Disclaimer:Whilst every care is taken in the preparation of the information contained in this marketing, RE/MAX Select Real Estate will not be held liable for any errors or omissions in the above as all care is taken to ensure all information is correct at the time of publication. All interested parties should rely solely upon their own physical inspection of the property in order to determine whether or not this information is accurate.

Property History for 48/23 Alfred St, Mackay, QLD 4740

A timeline of how this property has performed in the market
  • 22 Oct 2025
    Listed for Sale SOLD BY CHRISTIAN VANAMO - 0422 551 472
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About Mackay 4740

The size of Mackay is approximately 4.4 square kilometres. There are 12 parks, covering nearly 5.3% of the total area. The population of Mackay in 2016 was 3659 people. By 2021 the population was 4026 showing a population growth of 10.0% in the area during that time. The predominant age group in Mackay is 20-29 years. Households in Mackay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mackay work in a professional occupation.In 2021, 30.70% of the homes in Mackay were owner-occupied compared with 31.80% in 2016.

Mackay has 3,523 properties. Over the last 5 years, Houses in Mackay have seen a 82.11% increase in median value, while Units have seen a 102.03% increase. As at 31 July 2026:

  • The median value for Houses in Mackay is $556,474 while the median value for Units is $454,715.
  • Houses have a median rent of $535 while Units have a median rent of $485.
There are currently 41 properties listed for sale, and 25 properties listed for rent in Mackay on OnTheHouse. According to Cotality's data, 232 properties were sold in the past 12 months in Mackay.

Suburb Insights for Mackay 4740

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.