12 Mcquillen StreetTully QLD 4854
Property Details for 12 Mcquillen St, Tully
12 Mcquillen St, Tully is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 498m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (May 2026)
THE DEAL
A fantastic income-producing investment property already performing exactly as it should. A classic Queenslander for sale with a long-term tenant in place, delivering immediate rental income of $600 per week and approximately 8.94% gross yield from day one.
This is a true walk-in investment. No setup, no vacancy, no repositioning. The property is already tenanted, already generating cashflow, and already proven in the market. For investors chasing a reliable rental investment property, this is the model. Stable income, low maintenance, and consistent demand.
Positioned as a positive cashflow property, the asset benefits from a compact, flood free block and a layout that suits long-term tenants. This combination supports ongoing occupancy and reduces holding costs, making it a strong passive income property in the current market.
This is not about future upside or speculation. It is about a property that works now.
THE PROPERTY
- 4 bedrooms
- 1 bathroom
- Open under-house parking for 1 vehicle
- Classic Queenslander construction with strong character
- Functional layout
- Low-maintenance 512m block
- Flood free
Property History for 12 Mcquillen St, Tully, QLD 4854
- 10 Feb 2026Listed for Sale Offers Over $350,000
- 05 Jul 2023Sold for $240,000
- 28 Apr 2023Listed for Sale $265,000
Recent sales nearby
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About Tully 4854
The size of Tully is approximately 16.7 square kilometres. There are 9 parks, covering nearly 4.7% of the total area. The population of Tully in 2016 was 2390 people. By 2021 the population was 2368 showing a population decline of 0.9% in the area during that time. The predominant age group in Tully is 20-29 years. Households in Tully are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tully work in a labourer occupation.In 2021, 55.40% of the homes in Tully were owner-occupied compared with 56.20% in 2016.
Tully has 1,389 properties. Over the last 5 years, Houses in Tully have seen a 89.28% increase in median value, while Units have seen a 136.05% increase. As at 30 April 2026:
- The median value for Houses in Tully is $386,886 while the median value for Units is $333,899.
- Houses have a median rent of $400 while Units have a median rent of $300.
Suburb Insights for Tully 4854
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